Intermediate Accounting
1st Edition
ISBN: 9780132162302
Author: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
Publisher: PEARSON
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Question
Chapter 8.A, Problem 1FSAC
a.
To determine
Determine the problem of MI’s accounting for revenue recognition and the way in which it was corrected.
b.
To determine
Determine the percentage change in total revenue, operating revenue and net income after correction.
c.
To determine
Determine the operating income as a percent of total revenue before and after the accounting change and provide reasons for operating income as a percentage of revenue change.
d.
To determine
Determine the debt to equity ratio before and after the accounting change and also provide reasons for change in debt to equity ratio.
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Chapter 8.A Solutions
Intermediate Accounting
Ch. 8.A - Prob. 1QCh. 8.A - Prob. 2QCh. 8.A - Prob. 3QCh. 8.A - Prob. 4QCh. 8.A - Prob. 6QCh. 8.A - Prob. 7QCh. 8.A - Prob. 8QCh. 8.A - Prob. 12QCh. 8.A - Prob. 13QCh. 8.A - Prob. 14Q
Ch. 8.A - Prob. 1MCCh. 8.A - Prob. 2MCCh. 8.A - Prob. 3MCCh. 8.A - Prob. 5MCCh. 8.A - Prob. 6MCCh. 8.A - Prob. 7MCCh. 8.A - Prob. 8MCCh. 8.A - Prob. 1BECh. 8.A - Prob. 2BECh. 8.A - Prob. 3BECh. 8.A - Prob. 6BECh. 8.A - Prob. 7BECh. 8.A - Prob. 8BECh. 8.A - Prob. 9BECh. 8.A - Prob. 10BECh. 8.A - Prob. 11BECh. 8.A - Prob. 12BECh. 8.A - Prob. 13BECh. 8.A - Prob. 14BECh. 8.A - Prob. 15BECh. 8.A - Prob. 16BECh. 8.A - Prob. 17BECh. 8.A - Prob. 1ECh. 8.A - Prob. 2ECh. 8.A - Prob. 3ECh. 8.A - Prob. 4ECh. 8.A - Prob. 6ECh. 8.A - Prob. 7ECh. 8.A - Prob. 8ECh. 8.A - Prob. 9ECh. 8.A - Percentage-of-completion Method. Bailey Builders...Ch. 8.A - Prob. 11ECh. 8.A - Prob. 12ECh. 8.A - Prob. 13ECh. 8.A - Prob. 14ECh. 8.A - Prob. 15ECh. 8.A - Prob. 1PCh. 8.A - Prob. 2PCh. 8.A - Prob. 3PCh. 8.A - Prob. 4PCh. 8.A - Prob. 5PCh. 8.A - Percentage-of-completion Method, Unprofitable...Ch. 8.A - Completed-contract Method, Unprofitable Contract....Ch. 8.A - Prob. 8PCh. 8.A - Prob. 9PCh. 8.A - Prob. 10PCh. 8.A - Prob. 12PCh. 8.A - Prob. 13PCh. 8.A - Prob. 14PCh. 8.A - Prob. 15PCh. 8.A - Prob. 1JCCh. 8.A - Prob. 2JCCh. 8.A - Prob. 1FSACCh. 8.A - Prob. 1SSCCh. 8.A - Prob. 2SSC
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