题目内容（请给出正确答案）

[主观题]

Two companies are identical except for their accounting treatment of research and dev

elopment costs、On e company expenses all such costs immediately, while the other company capitalizes a portion of the costs、Compared to the company that capitalizes costs, the company that expenses immediately will most likely:

A、earn a lower ROA

B、have a lower financial leverage、

C、report lower cash flow from operations in the statement of cash flows.

查看答案

如搜索结果不匹配，请联系老师获取答案

您可能会需要：

重置密码查看订单联系客服

安装上学吧APP，拍照搜题省时又省心！

更多“Two companies are identical ex…”相关的问题

第1题

During 2011, the following events occurred at a company、The company:Based on these even

During 2011, the following events occurred at a company、The company:

Based on these events, the amortization expense that the company should report in 2012 is closest to:

A、$25,000

B、$45,000

C、$125,000

点击查看答案

第2题

A company purchased equipment in 2011 for ￡25,000; the year－end values for accounting

A company purchased equipment in 2011 for ￡25,000; the year-end values for accounting purposes and tax purposes are as follows:

Which of the following statements best describes the effect of the change in the tax rate on the company’s 2012 financial statements? The deferred tax liability:

A、Increased by ￡250

B、Decreased by ￡200

C、Decreased by ￡800

点击查看答案

第3题

As a result of a recent acquisition, Bao Inc. has placed the following items on their balance sheet as

of the beginning of their fiscal year:

If Bao amortizes intangible assets using the straight line method, the amortization expense on these assets for the fiscal year will be:

A. $1 million.

B. $2 million.

C. $3 million.

点击查看答案

第4题

A company, which prepares its financial statements according to IFRS, owns several in

vestment properties on which it earns rental income.It values the properties using the fair value model based on prevailing rental markets.A summary of the properties’ valuations is as follows:

Which of the following best describe the impact of the revaluation on the 2011 financial statements?

A.€6.5million charge to net income.

B.€6.5million charge to revaluation surplus.

C.€4.5million charge to revaluation surplus and €2.0 million charge to net income.

点击查看答案

第5题

Based on recently complied projections, management expects that the book value of Ass

et X will not be recovered.The following information for Asset X is available:

In accordance with IFRS, the amount of the write-down is closest to:

A.$24,346.

B.$24,465.

C.$47,428.

点击查看答案

第6题

The following are excerpts from Bao, Inc.financial statements related to its fixed as

sets activity for the fiscal year ended June 30, 2004 ($million):

Assuming the firm uses straight line depreciation, the average age and the average depreciable life of Bao’s fixed assets are closest to:

A.7 years for average age and 20 years for average depreciable life.

B.6 years for average age and 14 years for average depreciable life.

C.6 years for average age and 20 years for average depreciable life.

点击查看答案

第7题

A company that prepares its financial statements in accordance with IFRS standards is

in the process of developing a more efficient production process for one of its primary products.The most appropriate accounting treatment for the costs incurred in the project is to:

A.expense all cost as incurred.

B.capitalize costs directly related to the development.

C.expense costs until technical feasibility has been established.

点击查看答案

第8题

On January 1, 2009, Bao limited bought a piece of manufacturing equipment for $250,00

0.At that time they estimated its useful life to be 10 years and its salvage value to be $10,000.During 2011, it became apparent that the equipment was wearing our more quickly than they had originally estimated.It now appeared that its useful life would only be 6 years in total.If Bao Limited uses the straight-line method for depreciation and has a policy of only taking one-half year’s depreciation in the year of acquisition, the depreciation expense on this piece of equipment for 2011 will be closest to:

A.$48,000.

B.$51,000.

C.$53,125.

点击查看答案

第9题

The capitalization of interest (versus expensing) will have which of the following ef

fects on a company’s financial ratios?

A.Lower interest coverage ratio.

B.Lower debt-to-equity ratio.

C.Higher asset turnover ratio.

点击查看答案

第10题