Daugherty Company owned a participating interest in an oil and gas business. In a transaction that qualifies as a sale, Daugherty transferred the entire interest to a third party. Daugherty received both cash and a forward commitment from the third party to deliver additional receivables to Daugherty over the course of the next 6 months. The CFO has asked if the forward commitment should be recognized as part of the proceeds of the sale. Which section of the authoritative guidance best outlines the accounting for a transfer of a participating interest in a financial asset that satisfies the conditions for treatment as a sale

Answers

Answer 1

IFRS-9 is the section of the authoritative guidance which best outlines the accounting for a transfer of a participating interest in a financial asset.

What is IFRS-9?

This is a financial instrument which measures and classifies assets, liabilities etc at a fair value.

The transfer of participating interest in a financial asset is done after the conditions for treatment as a sale is satisfied.

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Related Questions

Widgets, Inc. makes a $300 on Widhets, Inc. makes a $300 account sale to Custom Motors. How is the sale recorded in the Accounts Receivable subsidiary ledger?
A. It is recorded upon payment
B. as $300 payment
C. as $300 credit
D. as $300 debit

Answers

B bc if the food DLC do gas so gc coo be fb bl

Question 3
You should plan on spending two
thirds of your paycheck on rent and
household expenses.
True.
False.
Question 4

Answers

Answer:

true

Explanation:

i think it true sorry if im wrong

How does saving influence economic activity?

Answers

How does saving influence economic activity? by making more money available to be used by individuals, businesses, and the government. When the borrowed money is spent, the demand for goods and services is increased, which creates more jobs and spending for workers.

Explain the process that economists use to conduct a cost benefit analysis (cbd)for a high speed rail

Answers

The economist uses the cost benefit analysis (cbd) for a high speed rail to determine the project benefit expected therein.

What is a cost-benefit analysis?

This involves the tallying up all costs of a project and subtracting that amount from the total projected benefits of the project or decision.

Hence, the economist uses the cost benefit analysis (cbd) for a high speed rail to determine the project benefit expected therein.

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Craig and Jan Johnson have a health insurance policy with a $750 deductible and 35 percent coinsurance. Craig recently sustained $7,250 in medical expenses. How much will Craig and Jan pay

Answers

Based on the calculation below, the amount that Craig and Jan pay is $3,025.

How to calculate the amount to pay out of covered medical expenses

This can be calculated using the following formula:

Amount to pay by Craig and Jan = ((Covered medical expenses sustained by Graig – Health insurance policy) * 35%) + Health insurance policy …………………. (1)

Substituting all the relevant values into equation (1), we have:

Amount to pay by Craig and Jan = (($7250 – $750) * 35%) + $750

Amount to pay by Craig and Jan = $2,275 + $750

Amount to pay by Craig and Jan = $3,025

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Complete the following sentence: If people think that the price of electronics will increase in the near future, that belief may cause a(n)

Answers

The completion of the sentence is: "increase in the demand for electronics today".

What is Demand?

This refers to the number of goods that a person is ready to purchase at a given time.

Hence, we can see that based on the given sentence, it is said that the price of electronics is directly linked to the speculation of people about its future price and this can cause an "increase in the demand for electronics today".

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The amount of joint costs allocated to product X using the sales value at split-off method is (calculate all ratios and percentages to 4 decimal places, for example 33.3333%, and round all dollar amounts to the nearest whole dollar):

Answers

The amount of joint costs allocated to product X using the sales value at the split-off method is D. $67,606.

What are joint costs?

In manufacturing industries with multiple products, some joint costs can be incurred for the multiple products.

Under this situation, it is at the split-off point, that the costs can be separately attributed to single products.

Question Completion and Calculations:

Product       Units Produced   Sales Value     Sales Value          Additional

                                                at Split Off    Further Processing      Costs

X                       6,000              $ 40,000            $ 80,000             $1,200

Y                       3,000                  15,000                40,000              3,000

Z                        1,000                  16,000               30,000               1,500

Total               10,000               $ 71,000           $ 170,000            $5,700

Joint production costs for the year were $120,000.

Join costs allocated to Product X = $67,606 ($40,000/$71,000 x $120,000)

Answer Options:

A. $25,352.

B. $20,341.

C. $33,687.

D. $67,606.

Thus, the amount of joint costs allocated to product X using the sales value at the split-off method is D. $67,606.

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When companies ensure that all packaging has certain symbols, such as the recycle symbol or symbols showing support for wind energy, this is a strategic effort by the company to show that they practice Blank______. Multiple choice question.

Answers

When companies ensure that all packaging has certain symbols, such as the recycle symbol or symbols showing support for wind energy, this is a strategic effort by the company to show that they practice Greener Marketing. This is further explained below.

What is Greener Marketing?

Generally, Greener Marketing is simply defined as finding healthier ways to market.

In conclusion, Find green and social marketing techniques that don't merely greenwash but genuinely deliver;

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Answer: green marketing

Consumer behavior intersects with public policy in a number of ways including those revolving around ______________, because many people are unable to navigate the marketplace as a result of disabilities, illiteracy, or other conditions.

Answers

Consumer behavior intersects with public policy in a number of ways including those revolving around market access.

What is Consumer behavior?

Consumer behavior serves as the activities of the consumer which is associated with the purchase of goods.

Therefore, these behavior is needed for

disposal of goods and services and this intersects with public policy.

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Downward pressure on wages

Answers

Answer:

Answer below

Explanation:

When there is "pressure" on wages it is referring to the fact that there are more workers than there are available jobs this causes a pressure for the employers as they decide which workers get those jobs and receive those wages and who doesnt.

(hope this answers your question :) )

How to invest in stocks for beginners with little money.

Answers

Hey!!!

One of the best ways for beginners to get started investing in the stock market is to put money in an online investment account, which can then be used to invest in shares of stock or stock mutual funds. With many brokerage accounts, you can start investing for the price of a single share.

Hope it helps!
Dr Joker

What activity involves placing announcements and persuasive messages in the mass media, to inform and/or persuade a target market or audience about products, services, organizations, or ideas

Answers

The activity involves placing announcements and persuasive messages in the mass media, to inform and/or persuade a target market or audience about products, services, organizations, or ideas is called advertising.

What is advertising?

This refers to process of creating awareness about products and then persuading people to purchase such. It is to make the product known to consumers and to make it different from others.

Hence, the activity involves placing announcements and persuasive messages in the mass media is known as advertising.

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Please help worth bonus points!

Answers

Answer:

the 4th and 5th one is for france

Explanation:

this is done in france France, it is called french silver service, it's a method of food service at the table, it's known as à l'anglaise (English service)

4=the staff utilizes platters to serve cooked food

5=the last one

1= america, the first one.

2=Russia

3=russia

if I got anything mixed up, pls inform me.

Khalid, a buyer for a U.S. firm, is shopping the globe for components for use in his firm's products. He finds the best price at a Canadian company. When he buys them, he will be

Answers

If he finds the best price at a Canadian company. When he buys them, he will be:

FranchisingOffshoring and onshoringNearshoring

What is franchising?

Franchising  can be defined as a marketing strategy in which the franchisor gives a person or a company the right to use his/her trade name or brand name.

Most companies tend to make use of Franchising to expand their business.

Therefore If he finds the best price at a Canadian company. When he buys them, he will be: Franchising.

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The target firm determines its liquidation value and the present value of its relevant stand alone cash flows and selects the higher value. This is the target's Select one: a. maximum acceptable price b. minimum acceptable price c. neither A nor B

Answers

Minimum acceptable is the target's. As the target firm determines its liquidation value and the present value of its relevant stand alone cash flows.

What is liquidation value?

Liquidation value is the value which a firm get after the deduction of the assets and liability in the financial report. If the business will sold, the value which a firm gets after selling all of its assets is the liquidation value of the company.

Thus, option B is correct.

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Imagine that a country loses its best-educated and most-skilled workers, who depart the country to pursue better opportunities elsewhere. How would this affect economic growth

Answers

There will be a shortage of skills in the country, therefore they might not be enough people to do the most prestigious jobs. This will decrease the employment rate as there won’t be enough people to be managers, board of directors… Therefore, there might be a decrease in disposable income and therefore in spending, which will slow economic growth.

Even though workers in some industries experience economic downsides, it seems inevitable that ________, the increasingly interconnected nature of business around the world, is here to stay.

Answers

It seems inevitable that globalization, the increasingly interconnected nature of business around the world, is here to stay.

What is economic downsides?

Economic downsides occur when their is decrease in economic growth due to some factors.

Some workers may tend to experience economic downside making them to earn low income or wages which  in turn can lead to decrease in the standard of living.

Therefore economic downside seems inevitable because globalization is here to stay.

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Company A and Company B are each telecommunications manufacturers. Both companies manufacture the same products, and they make their decisions based on the other's actions. Both companies are considering opening retail outlets to increase their profits. The payoff matrix shows the profits of the companies in millions of dollars if they choose to open retail outlets. Company B Company A Retail outlets No retail outlets Retail outlets $25, $25 $30, $15 No retail outlets $35, $35 $34, $20 The government imposes a new $5 million tax to open retail outlets. What is the expected outcome of the new payoff matrix, given the tax

Answers

Given the tax, the Nash equilibrium is for company A to not open retail outlets and for company B to open retail outlets, according to the revised payoff matrix.

What is a payout matrix, and how does it work?

It should be noted that a payout matrix is simply a method of expressing the outcome of the players' choices in a game.

Following the tax, the following will be the new payout matrix: Retail (25, 20). (15, 25, 25)

There will be no retail (30, 35) (20, 34)

Nash equilibrium has been reached.

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Taylor gives up a 5 hour shift at work to attend a concert. The ticket price is $30. At work, Taylor makes $15.00 an hour. To an economist, what is the cost to Taylor of attending this concert

Answers

The cost to Taylor of attending this concert is $105.

What is the cost?

The amount of money that an establishment spends on the creation or manufacturing of goods or services is referred to as cost.

The formula of calculating the cost are:

Attending the cost of the concert = Total implicit + Total explicit costs.

According to the given information,

Explicit cost is the price of ticket= $30

Implicit cost is the forgone wage =$15×5 = $75

Then,

Attending the cost of the concert =$30+$75=$105

Therefore, the attending cost of the concert  is $105.

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You shouldn't take your investments out early. What do you think are some consequences of taking money out of your retirement early?

Answers

Answer:

You could trigger a higher tax bill.

You may have to pay a penalty.

Your request might be denied.

The withdrawn funds won't earn interest.

The distribution might not be protected from creditors.

Explanation:

An increase in a firm's total asset turnover will Blank______ the sustainable growth rate. Multiple choice question. destabilize increase decrease

Answers

An increase in a firm's total asset turnover will Blank increase the sustainable growth rate. Hence, option B. increase is the answer. Read below about firm's total asset turnover.

What is firm's total asset turnover?

The asset turnover ratio measures how positively an organisation employs its assets to generate revenue or sales. The ratio compares the amount of sales or revenues to the company's total assets to measure the efficiency of the company's operations.

Therefore, the correct answer is increase.

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What is the effect of wordsworth’s use of the word company in this passage? the word shows that the speaker does not feel lonely when he is surrounded by daffodils. the word suggests that the flowers are united against the speaker. the word emphasizes that the speaker is willing to work hard. the word signals the speaker’s inability to understand the meaning of the daffodils.

Answers

The effect of Wordsworth’s use of the word company in this passage is: The word shows that the speaker does not feel lonely when he is surrounded by daffodils.

What is company?

Company means to be around people or to be around of people or someone that makes you happy and keep you company.

Wordsworth’s using the word company signifies that the speaker is  not lonely whenever daffodils are around him.

Therefore the correct option is A.

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Answer:

A

Explanation:

Trade unions claim that by permitting international firms to continually move to nations with relatively lower labor standards, globalization ________ labor's bargaining power and forces overall labor standards ________.

Answers

Trade unions claim that by permitting international firms to continually move to nations with relatively lower labor standards, globalization reduces labor's bargaining power and forces overall labor standards lower.

What is globalization?

Globalization refers to the process of interaction and integration among people, companies, and governments.

Trade unions claim that by permitting international firms to continually move to nations with relatively lower labor standards, globalization reduces labor's bargaining power and forces overall labor standards lower.

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At times, employees may engage in a __________, that is, a strike without the union's consent, or a slowdown, wherein employees report to work but intentionally decrease their productivity.

Answers

Answer:

The answer is wildcat strike

Explanation:

At times, employees may engage in a Wildcat strike that is, a strike without the union's consent, or a slowdown, wherein employees report to work but intentionally decrease their productivity.

Poppy co. uses a periodic inventory system. beginning inventory on january 1 was understated by $30,000, and its ending inventory on december 31 was understated by $17,000. in addition, a purchase of merchandise costing $20,000 was incorrectly recorded as a $2,000 purchase. none of these errors were discovered until the next year. as a result, poppy's cost of goods sold for this year was:

Answers

If  None of these errors were discovered until the next year. As a result, Poppy's cost of goods sold for this year was: Understated by $31,000.

Cost of goods sold

Using this formula

Cost of goods sold=Beginning inventory + Incorrect entry for Merchandize Purchase - Ending inventory

Let plug in the formula

Cost of goods sold=$30,000+($20,000-$2,000)-$17,000

Cost of goods sold=$30,000+$18,000-$17,000

Cost of goods sold=$31,000 understated

Therefore Poppy's cost of goods sold for this year was: Understated by $31,000.

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sold goods costing 10000 to mahesh for 8000​

Answers

Answer:

answer is 2000

Explanation:

The goods is worth 10000 while it was sold for a low price as 8000

10000-8000

=2000

Which of the following examples describes how data science can improve
business outcomes?

Answers

The data science can alter business resultants with the support of Analytics.

What is Analytics?

The systematized combinatorial investigation of the subject matter or applied mathematics is known as analytics.

It is a tool for determination, interpreting, and communicating crucial structures in data.

It also implies using data patterns to make more intelligent decisions. With the usage of analytics, data science may modify and better business outcomes.

Therefore, the Analytics can improve the business outcomes.

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What is this population growth?
population increases by 41
population decreases by 15
population increases by 15
population decreases by 24

Answers

In this population, the population growth is population increases by 15

How to solve for the population growth

Population growth cane be defined to mean the change in the number of persons or organisms living in a particular area over a period of time.

The formula for calculation this is given as?

Population growth = (birth rate + immigration) - (death rate + emigration)

We have to add the data in the formula hence we have

35+4 - 7+17

=39-24

=15

The population is thus said to have increased by 15

Complete question

Birth rate = 35

Death rate = 7

Immigration = 4

Emigration = 17

What is this population growth?

population increases by 41

population decreases by 15

population increases by 15

population decreases by 24

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Answer:

population increases by 15

Explanation:

To effectively run her company, machi applies the ________, a management style the views her firm as an interdependent collection of departments, and as a single institution that interacts with suppliers, distributors, competitors, and customers.

Answers

To effectively run her company, machi applies the Systems viewpoint, a management style.

What is Systems viewpoint management style?

Systems viewpoint can be defined as a management style that enables an employee to see the firm as an interdependent  collection or parts that help to effectively communicate or interact with distributors, suppliers etc.

Therefore to effectively run her company, machi applies the Systems viewpoint, a management style.

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Consumers have the right to choose from numerous products in a competitive marketplace. Who suffers when there is less competition? A. business B. consumers C. government​

Answers

Consumers because they have right to choose
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