Executive Summary Paper (Direct Tv)

ASC 360-10 provides guidance on accounting for property, plant, and equipment, and the related accumulated depreciation on those assets. This Subtopic also includes guidance on the impairment or disposal of long-lived assets. ASC 360-10 notes that long-lived tangible assets include land and land improvements, buildings, machinery and equipment, and furniture and fixtures.

Fixed assets are assets that will be held or used over a period longer than one year. Companies typically have land, equipment, and buildings as their fixed assets. The account is usually called property, plant, and equipment or PP&E.

Assets are things that a company owns that have value. This typically means they can either be sold or used by the company to make products or provide services that can be sold. Assets include physical property, such as plants, trucks, equipment and inventory. It also includes things that can’t be touched but nevertheless exist and have value, such as

Assets are to be recorded and valued based of the type of asset there are.

| The portion of current assets financed through long-term financing is referred to as the:Answer

Property and Equipment—Depreciation and amortization are provided on a straight-line basis over the estimated useful fives of the assets. The following table shows estimated useful lives of property and equipment.

Which of the following would not be considered an external user of accounting data for the Julian Company?

* Statement of net assets (Balance sheet) presentation required classification of current and non-current of assets and liabilities. Equity section presents: Net Assets Invested in Capital Assets, Care Organizations Net of Related Debt, Restricted Net Assets, and Unrestricted Net Assets.

When I read the definition of cognitive dissonance, which is doubts in the buy’s mind about whether purchasing the product was the right decision, there is one purchase I have made that sticks out in my mind. Last summer we changed our cable from Time Warner to Direct TV. Now, mind you we were with Time Warner for over 10 years, the only issue with them was the slowly creeping bill going up every few months. So, last summer we were outside with our kids and working in the yard when a man came to our door offering a great 2 year deal with Direct TV. My husband was the main person he was communicating with laying out all the pricing and products we would get if we switched, sounded like a good deal as I eavesdropped in. The promotion was going to give us 2 more cable boxes for no extra charge, more channels for the kids to watch, and all for the same price we paid currently with Time Warner. The best part of all was that for the next 2 years the price wouldn’t change. The only downside was that Direct TV

The current assets are those which are readily convertible into cash and cash equivalents due to their highly liquid nature and also form part of working capital of the company’s operations. However, the long term assets in contrast are not liquid because since they have a useful life of more than a year and hence their full value cannot be easily realized within

Assets are the items that help determine the value of a business as well as the liquidity. Netflix’s primary assets are their cash and cash equivalents, short-term investments, net receivables, inventory, and other current assets. In figure 1.3, you can see the changes in their liquidity over the last three years. According to this, the overall current assets have trended

When determining the overall financial strength of a company, businesses rely on their current assets to show value. Current assets are defined as assets that can or will be converted into cash quickly. The value of the asset’s will vary and may be used at any time as collateral for loans or other investment business development plans. Current assets will include, of course, cash and cash equivalents, which is the amount of money the company has in its bank accounts including savings bonds, certificates of deposit, and money market funds. Assets must always be calculated as net assets, that is, less any debt owed by the organization.

The intangible asset will generate probable future economic benefits for the organization which can either be in the form of costs reduction or in the form of increasing revenue in the future for the organization.

Identifiable intangible assets with finite lives are carried at cost less accumulated amortization and adjusted for

Assets can be hard goods such as computers and equipment, but can also be information and intellectual property.