Questions from Financial Reporting


Q: Locate the 2018 Sustainability Information report for Siemens AG, the German

Locate the 2018 Sustainability Information report for Siemens AG, the German manufacturing conglomerate,athttps://www.siemens.com/investor/pool/en/investor_relations/siemens_sustainability_ informatio...

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Q: In recent years, investors, creditors, governments, and the

In recent years, investors, creditors, governments, and the public have demanded more information from companies about climate change. Required: 1 Why have investors and creditors become interested i...

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Q: Locate the Form 10-K for the year ended December 31

Locate the Form 10-K for the year ended December 31, 2018, for Southwest Airlines Co. You can find it at http://investors.southwest.com/financials/sec-filings. 1. What is Southwest Airlines’ main bus...

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Q: Craig Incorporated (a fictional company) manufactures and sells security systems

Craig Incorporated (a fictional company) manufactures and sells security systems. Selected information from the company’s 20X3 financial statements show: On December 31, 20X1, Craig...

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Q: Information from the annual report of Hicks Company (a fictional company

Information from the annual report of Hicks Company (a fictional company) to shareholders follows: Required: 1. Suppose that the increase in the preferred stock account was due to the issuance of new...

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Q: Hanigan Manufacturing (a fictional company) had 1,800,

Hanigan Manufacturing (a fictional company) had 1,800,000 shares of common stock Outstanding as of January 1, 20X1, and 900,000 shares of 10% noncumulative (nonconvertible) preferred stock outstanding...

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Q: Kadri Corporation (a fictional company) reported basic EPS of $

Kadri Corporation (a fictional company) reported basic EPS of $3.00 and diluted EPS of $2.40 for 20X1. Its EPS calculations follow: Kadri issued the convertible preferred stock at the beginning of 20X...

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Q: Trask Corporation (a fictional company) had the following shareholders’ equity

Trask Corporation (a fictional company) had the following shareholders’ equity account balances at December 31, 20X0: Transactions during 20X1 and other information relating to the s...

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Q: In its December 31, 20X0, balance sheet, Castle,

In its December 31, 20X0, balance sheet, Castle, Inc. (a fictional company), reported 400,000 issued shares of common stock and 50,000 shares of treasury stock. The 20X0 annual report also reported 10...

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Q: Riggs Corporation (a fictional company) has the following balance sheet

Riggs Corporation (a fictional company) has the following balance sheet information at December 31, 20X2. The convertible bonds were issued at par in 20X0 and are convertible into Riggsâ€&#...

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