Acct 211 exam 3 - Study guides, Class notes & Summaries
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ACCT 211 Exam 1- Questions and Answers; Liberty University
- Exam (elaborations) • 29 pages • 2021
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ACCT 211 Exam 1- Questions and Answers; Liberty University-ACCT 211 Exam 1- Questions and Answers; Liberty University/ACCT 211 Exam 1- Questions and Answers; Liberty University Question 1 Use the following information for Meeker Corp. to determine the amount of equity to report. Question 2 Arrow's net income of $118 million and average assets of $1,500 million results in a return on assets of 7.87%. Question 3 If a company is considering the purchase of a parcel of land that was acquired by the...
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Exam (elaborations) Liberty University ACCT 370 Exam 3 Complete solution
- Exam (elaborations) • 334 pages • 2021
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Exam (elaborations) Liberty University ACCT 370 Exam 3 Complete solution 
Liberty University ACCT 370 Exam 3 Complete solution 
100% satisfied: 

solutions 
1. Under IFRS, deferred taxes: 
2. Which of the following items used for resolving intra-firm comparisons 
is not generally disclosed? 
3. Which of the following does not properly describe the presentation by the lessor 
under ASC 842? 
4. Which of the following statements is correct with respect to the use of fair value 
accounting for lia...
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Exam (elaborations) Liberty University ACCT 370 Exam 4 Complete solution
- Exam (elaborations) • 289 pages • 2021
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Exam (elaborations) Liberty University ACCT 370 Exam 4 Complete solution 
Liberty University ACCT 370 Exam 4 Complete solution 
100% satisfied: 

solutions 
1. Condensed financial data are presented below for the Phoenix 
Corporation: 
2. 3. 2019 4. 5. 2018 
6. Accounts 
receivabl 
e 
8. 267,500 9. 10.11.$ 
12.230,00 
0 
13. 
14.Inventory 15. 16.312,500 17. 18.19. 
20.257,50 
0 
21. 
22.Total 
current 
assets 
23. 24.670,000 25. 26.27. 
28.565,00 
0 
29. 
30.Intangibl 
e assets 
31. 32.50,000 3...
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Exam (elaborations) Liberty University ACCT 370 Exam 4 Complete solution
- Exam (elaborations) • 289 pages • 2021
-
- $8.49
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Liberty University ACCT 370 Exam 4 Complete solution 
Liberty University ACCT 370 Exam 4 Complete solution 
100% satisfied: 

solutions 
1. Condensed financial data are presented below for the Phoenix 
Corporation: 
2. 3. 2019 4. 5. 2018 
6. Accounts 
receivabl 
e 
8. 267,500 9. 10.11.$ 
12.230,00 
0 
13. 
14.Inventory 15. 16.312,500 17. 18.19. 
20.257,50 
0 
21. 
22.Total 
current 
assets 
23. 24.670,000 25. 26.27. 
28.565,00 
0 
29. 
30.Intangibl 
e assets 
31. 32.50,000 33. 34.35. 36.60,0003...
-
Exam (elaborations) Liberty University ACCT 370 Exam 3 Complete solution
- Exam (elaborations) • 334 pages • 2021
-
- $8.49
- + learn more
Liberty University ACCT 370 Exam 3 Complete solution 
Liberty University ACCT 370 Exam 3 Complete solution 
100% satisfied: 

solutions 
1. Under IFRS, deferred taxes: 
2. Which of the following items used for resolving intra-firm comparisons 
is not generally disclosed? 
3. Which of the following does not properly describe the presentation by the lessor 
under ASC 842? 
4. Which of the following statements is correct with respect to the use of fair value 
accounting for liabilities under IFRS?...
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