Questions from General Accounting

Q: Refer to the statements for Google in Appendix A. For the

Refer to the statements for Google in Appendix A. For the year ended December 31, 2013, what is its debt-to-equity ratio? What does this ratio tell us? Google’s Financial Statements...

Q: When can a lease create both an asset and a liability for

When can a lease create both an asset and a liability for the lessee?

Q: What is the main difference between a bond and a share of

What is the main difference between a bond and a share of stock?

Q: What are the duties of a trustee for bondholders?

What are the duties of a trustee for bondholders?

Q: What factors affect the market rates for bonds?

What factors affect the market rates for bonds?

Q: Under what two conditions should investments be classified as current assets?

Under what two conditions should investments be classified as current assets?

Q: In accounting for investments in equity securities, when should the equity

In accounting for investments in equity securities, when should the equity method be used?

Q: Under what circumstances does a company prepare consolidated financial statements?

Under what circumstances does a company prepare consolidated financial statements?

Q: What are two major challenges in accounting for international operations?

What are two major challenges in accounting for international operations?

Q: What is an employer’s unemployment merit rating? How are these ratings

What is an employer’s unemployment merit rating? How are these ratings assigned to employers?