Create a 5- to 10-slide presentation and use the same publicly traded
company selected in Week 2 to address the following: • Be sure to use
the most recent SEC 10-k or Annual report. •
Identify the
Company's current liabilities for the past two years? • Compare the
current portion of long-term debt for the past two years? •
Discuss
some of the items found in the current liability section. •
Describe
any lease obligations the Company disclosed. • Explain what
contingency liabilities are disclosed in the financial statements? •
Recommend, from the perspective of a bank, whether or not you
would support this company. • Compute the Debt ratio and Debt to
Equity ratio. Click the Assignment Files tab to submit your assignment.
==============================================
ACC 422 Week 5 Team Assignment Problem 13-7, 13-11, CA
13-3, CA 14-1, CA 14-4, CA 21-4
FOR MORE CLASSES VISIT
www.acc422nerd.com
Complete the following individually and discuss your individual
answers as a team: • Problem 13-7, p. 700 •
Problem 13-11, p. 701
•
CA 13-3, p. 703 •
CA 14-1, p. 763 •
CA 14-4, p. 765 •
CA 21-4, p. 1252 After discussing your answers, compile each into
a team response. Click the Assignment Files tab to submit your
assignment. P13-7 (LO3) (Warranties) Alvarado Company sells a
machine for $7,400 with a 12-month warranty agreement that requires
the company to replace all defective parts and to provide the repair labor
at no cost to the customers. With sales being made evenly throughout the
year, the company sells 600 machines in 2017 (warranty expense is
incurred half in 2017 and half in 2018). As a result of product testing,
the company estimates that the warranty cost is $390 per machine ($170
parts and $220 labor). Instructions Assuming that actual warranty costs