Week 4 Tutorial 1. What is Hypothetical Future Value (HFV)? How did this contribute to Enron’s downfall? A: Hypothetical Future Value can be defined as the value has not been earned but it is believed to be received in the future. The Enron used fair value accounting to make the balance sheet and, the money which has not been earned was written down as profit. For example, if a house worth $10,000 today, and the price increases to $20,000 tomorrow, however, if do not sell this house, there is no
Words: 856 - Pages: 4
death to be included in the decedent’s gross estate. o $13K + ($75K - $60K)*.26 = $16,900 Tax but 2505(a)(1) Unified Credit against gift tax ($345,800) (b) If decedent gave Child a life insurance policy on decedent’s life worth $10K, with a face value of $75K, decedent dies 2 yrs later, what’s included in decedent’s gross estate. • $75K would fall into the time frame of § 2035(a)(1) and designated as property • $75K would be included in the decedent’s gross estate pursuant to § 2035(a)(2) because
Words: 1487 - Pages: 6
605-25-25-5, in an arrangement with multiple deliverables, the delivered item or items shall be considered a separate unit of accounting if both of the following criteria are met: a. The delivered item or items have value to the customer on a standalone basis. The item or items have value on a standalone basis if they are sold separately by any vendor or the customer could resell the delivered item(s) on a standalone basis. In the context of a customer's ability to resell the delivered item(s), this
Words: 1163 - Pages: 5
the $9 grant-date fair value to measure the compensation cost. One of the necessary requirements for the employee stock options to vest would be if the cumulative revenue over the following three-year period is greater than $10 million. If the revenue target was factored into the fair value assessment, the grant-date fair value would be $6. Per FASB ASC 718-10-30-27: Performance or service conditions that affect vesting are not reflected in estimating the fair value of an award at the grant
Words: 280 - Pages: 2
Name: Colleen Losota Date: 11/1/2009 Week 8: Baseline Project 13 Baseline Project 13 - Sports and Statistics Math Support: Tool Book CD, Sections 1.8 Skill Level I I .Understand the Problem (a) In your opinion, what are the difficulties involved in making such a comparison? Answer: Ages were different, different materials are also used now to make up the bats. Mark McGwire also used steroids. (b) What data do you
Words: 719 - Pages: 3
tolerance; it has to be a genuine feeling of honor and not just putting up with the other person. Respect is an important first step in building a relationship and I value my relationship with the Army. Respect is not something that is done when it is convenient, it is done at all times. The Army teaches this as part of the 7 Core Values for many reasons. Even though the Army teaches us that respect is something that is given to the ranks, it is important to have respect for every soldier that I am
Words: 4019 - Pages: 17
with employees shall be measured based on the fair value (or in certain situations specified in this Topic, a calculated value or intrinsic value) of the equity instruments issued.” Therefore, the company should use fair value measurement to calculate its compensation cost. The question is that which grant-date fair value should use to measure the company’s compensation cost. In my opinion, the company should use the $9 grant-date fair value. Because the performance conditions which company considered
Words: 863 - Pages: 4
Personal Values Tyrone Gibson MGMT 521 April 18, 2011 Mike Lee Abstract: Personal values compliment my thinking and translating them into action. By upholding ethical standards, freedom to choose what `s to be valued are limited based on differences in belief. Considering the experience of poor decisions in a corporate environment that I have encountered made by management has placed a debate on ethics and what I value as oppose to others. How values are displayed always brings disagreement
Words: 767 - Pages: 4
Apple Inc. 1 Apple Inc. 2 Apple Inc. Executive Summary This report provides an in-depth analysis of Apple Inc. (AAPL), with necessary recommendation increasing the wealth of the company and their shareholders. The primary competitors of AAPL would include companies such as the Intel Corporation, Target Inc. and any company that sell technological products. The total revenue for the most recent fiscal year was $182,795 billion dollars on their assets and $39,510 of net income. Timothy
Words: 3694 - Pages: 15
INDIVIDUAL ASSIGNMENT: VALUES Due: Prior to Class Week 5 Instructions: Please read Friedman’s Chapter “Clarifying What’s Important to You” (in course packet). Then, answer the following questions. Note: Your submission should be 3 double-spaced pages in length (1 inch margins and font size 12). 1. The Friedman reading provides a list of core values on pages 46-48. Identify three to five values that are most important to you and explain how these values have influenced key decisions
Words: 1472 - Pages: 6
