[单选题]
House Publishers offered a contest in which the winner would receive USD1,000,000, payable over 20 years. On December 31, Year 1, House announced the winner of the contest and signed a note payable to the winner for USD1,000,000, payable in USD50,000 installments every January 2. Also on December 31, Year 1, House purchased an annuity for USD418,250 to provide the USD950,000 prize monies remaining after the first USD50,000 installment, which was paid on January 2, Year 2.In its Year 1 income statement, what should House report as contest prize expense?
A .USD468,250
B .USD418,250
C .USD0
D .USD1,000,000
参考答案(由小熊题库网聘请的专业题库老师提供的解答)
请点击↑↑↑ 查看官方参考答案 按钮
习题解析
请点击 查看官方参考答案 按钮
您可能感兴趣的题目
1 .ABC公司正在分析是否要购置价值＄120万的新设备来生产单位收益为＄6的产品。该设备的使用年限为5年，根据税法使用直线法折旧，期末没有残值。销售量的研究方案如下所示： 年销售量 概率 80,000 0.1 85,000 0.2 90,000 0.3 95,000 0.2 100,000 0.1 110,000 0.1如果ABC 公司使用15%的最低报酬率，其适用的税率为40%，该项目预期的净现值为
A ＄261,750 B ＄231,974 C ＄297,800 D ＄427,580
题型:
单选题
提问时间:
2021-08-24
2 .ABC公司正在分析一项为期10年，金额为＄300,000的设备投资，用于生产新设备。该项目每年预计的税后现金流如下所示： 年税后现金流 概率 45,000 10% 50,000 20% 55,000 30% 60,000 20% 65,000 10% 70,000 10% 如果ABC 使用16%的最低报酬率，实现正净现值的概率为
A 20% B 30% C 40% D 60%
题型:
单选题
提问时间:
2021-08-24
3 .ABC公司正在分析是否投资一台新的设备来制造新产品。这台设备将花费＄2,000,000，预期使用年限为10年，用直线法进行折旧。ABC的有效税率为40%，最低资本回报率为15%。项目其他的相关信息如下。 每年销售量 20,000单位 售价 ＄150/单位 变动成本 ＄90/单位 如果销量提高20%，该项目的净现值会增加
A ＄722,736 B ＄841,408 C ＄956,480 D ＄647,520
题型:
单选题
提问时间:
2021-08-24
4 .ABC公司的管理会计师正在对公司的资本项目进行规划。该管理会计师认为，公司会在未来扩大该项目的投资。在考虑了扩张期权之后，ABC公司会得出以下哪些结果？ I. 原先被接受的项目被否决 II. 原先接受的项目继续被接受 III. 原先被否决的项目被接受 IV. 原先被否决的项目继续被否决
A 结果I B 结果I和结果II C 结果II和结果III D 结果II
题型:
单选题
提问时间:
2021-08-24
5 .ABC公司的管理会计师正在对一个项目进行资本预算。该管理会计师利用贴现现金流法计算得出项目净现值为负，所以决定否决这个项目。但是在考虑了实物期权之后，他发现此项目还有放弃和扩张的可能性，那么ABC公司的管理会计师应如何决策？
A 继续否决该项目 B 在原来净现值的基础上减去放弃的净现值和扩张的净现值，然后重新评估 C 在原来净现值的基础上加上放弃的净现值和扩张的净现值，然后重新评估 D 在原来净现值的基础上减去放弃的净现值并加上扩张的净...
题型:
单选题
提问时间:
2021-08-24
7 .An entity incurred the following costs related to a patent purchased during the current year:Patent purchase priceUSD300,000Nonrefundable VAT taxes3,000Research expenditures related to the patent25,000Legal costs to register the patent12,000Training production staff on the use of the patent5,000Administrative salaries2,000Under IFRS, the entity should recognize a patent asset of:
A USD315,000 B USD300,000 C USD340,000 D USD322,000
题型:
单选题
提问时间:
2021-08-24
8 .Brill Co. made the following expenditures during the current year:Costs to develop computer software for use inCosts to develop computer software for use in Brill's general management information systemUSD100,000Costs of market research activities75,000What amount of these expenditures should Brill report in its current year income statement as research and development expenses under U.S. GAAP?
A USD0 B USD175,000 C USD100,000 D USD75,000
题型:
单选题
提问时间:
2021-08-24
9 .After an impairment loss is recognized, the adjusted carrying amount of the intangible asset shall be its new accounting basis. Which of the following statements about subsequent reversal of a previously recognized impairment loss is correct under U.S. GAAP?
A It is required when the reversal is considered permanent. B It must be disclosed in the notes to the financial statements. C It is prohibited. D It is encouraged, but not required.
题型:
单选题
提问时间:
2021-08-24
10 .Taylor Corp., which began operations in Year 1, accounts for revenues using the installment method. Taylor's sales and collections for the year were USD60,000 and USD35,000, respectively. Uncollectible accounts receivable of USD5,000 were written off during Year 1. Taylor's gross profit rate is 30%. In its December 31, Year 1, balance sheet, what amount should Taylor report as deferred revenue?
A USD9,000 B USD6,000 C USD7,500 D USD10,500
题型:
单选题
提问时间:
2021-08-24
