Answers: 1
Social Studies, 23.06.2019 02:30
The following legal claims exist for m. finger co. identify the accounting treatment for each claim as either (a) a liability that is recorded or (b) an item described in notes to its financial statements. 1. m. finger (defendant) estimates that a pending lawsuit could result in damages of $1,250,000; it is reasonably possible that the plaintiff will win the case. an item described in notes to its financial statements. a liability that is recorded. 2. m. finger faces a probable loss on a pending lawsuit; the amount is not reasonably estimable. a liability that is recorded. an item described in notes to its financial statements. 3. m. finger estimates damages in a case at $3,500,000 with a high probability of losing the case. an item described in notes to its financial statements. a liability that is recorded. the amount that m. finger co. should record in its accounting records related to these suits is:
Answers: 3
Social Studies, 23.06.2019 11:10
It has been reported that the dna of the elephant shark has barely changed over the last 420 million years. which statement explains why the elephant shark has not changed over time?
Answers: 1
Social Studies, 23.06.2019 17:40
Which of the following best illustrates the process of the supreme court’s review of a case?
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Social Studies, 24.06.2019 01:00
Which of the following best describes a motivation for entrepreneurial activity?
Answers: 3
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