Chapter 7 Plant Assets & Intangibles Short Exercises (5 min.) S 7-1 |1. |Property and Equipment, at Cost | | | | |Millions | | |Aircraft………………………………………………… |$ 2,392
Words: 9421 - Pages: 38
Introduction 3 IV. The Coca-Cola Company History 4 V. Property, Plant, and Equipment 5 VI. Disposition and Exchanges of Property, Plant, and Equipment 5 VII. Impairment of Intangible Assets/Goodwill 6 VIII. Depreciation Method
Words: 2270 - Pages: 10
Balance Sheet | December 31, 20XX | Assets | Current assets | | | | Cash | | | | Less: Cash restricted for plant expansion | | | | Accounts receivable | | | | Less: Allowance for doubtful accounts | | | | Notes receivable | | | | Receivables—officers | | | | Inventories | |
Words: 717 - Pages: 3
Under HKAS 16, Property, Plant and Equipment (PPE) are tangible assets that are held by an entity. They are for use in the production or supply of goods or services, for rental to others, or for administrative purposes and expected to be used during more than one period. PPE includes land, land improvements, buildings, equipment, machinery and motor vehicles. In the aspect of relevance, if it is capable of making a difference in the decisions made by users, it could be defined as relevant. This
Words: 476 - Pages: 2
PG&E CORPORATION | SELECTED CONSOLIDATED STATEMENTS OF OPERATIONS | (In millions, except per share amount) | | | | | | | | | | | Year Ended December 31, | | | | 2008 | | 2007 | | 2006 | | Operating Revenues | | | | | | | | Electric | $ | 10,738 | $ | 9,480 | $ | 8,752 | | Natural Gas | | 3,890 | | 3,757 | | 3,787 | | Total operating revenues | | 14,628
Words: 2338 - Pages: 10
Introduction Coca-Cola Amatil Limited (CCL) is the Australasia regional anchor bottler of The Coca Cola Company. The company's Australian origins date back to 1904 as the tobacco company British Tobacco (Australia). Its first foray into soft drinks came in 1964 with the purchase of Coca-Cola Bottlers (Perth), and the company was listed on the Australian Stock Exchange in 1972. Soft drinks and snack foods gradually became the primary focus of the company, which was renamed Amatil Limited in
Words: 2183 - Pages: 9
trade promotion accruals, deferred tax assets. Property, Plant, and Equipment All property, plant, and equipment are stated at cost and depreciated over their useful live. All depreciation expenses incurred are derived using the straight line method. We do not depreciate the land. The company estimates the useful live for our assets accordingly; buildings have a 30 years live, computer and equipment has a 5 years live, and the repair equipment a 15 years live. We reviewed our assets periodically
Words: 1251 - Pages: 6
| |Due 25JUN12 | Abstract This case study focuses on the treatment of property, plant, and equipment and how they are viewed by both GAAP and IFRS. We are provided with a situation in which we are required to apply both standards and determine the value of fixed assets IAW IFRS and GAAP in order to determined which accounting standard
Words: 1768 - Pages: 8
Taylor Hagans DeVry University Financial Statement Analysis of Apple, Inc. 10/14/2012 Question 1 | |2010 |2009 | |Property and equipment, net | 4,768 | 2,954 | |Depreciation expense | 1,027 | 734 | |Cash flow:
Words: 1179 - Pages: 5
relates to the treatment or reporting of current and fixed assets. On this premise, as an accountant one will discuss and guide the examiner in the treatment of inventory using Lower – Of – Cost – Or Market; The Acquisition and Disposal of Property, Plant And Equipment; Impairment And Depletion For Long - Term Or Fixed Assets; The Treatment Of Intangible Assets And Research And Development Cost. Chapter 9 Lower – of – Cost or Market for Inventory and Gross Profit Method Given the following methods
Words: 5502 - Pages: 23
