Subject category:
Finance, Accounting and Control
Published by:
Ivey Publishing
Version: 1999-02-16
Length: 11 pages
Data source: Published sources
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Abstract
An individual has inherited oil-producing farm property from a relative. The decision maker wishes to determine the profitability of the operation, but no financial statements exist for the previous year. The student''s task is to use three revenue recognition methods to measure the income and return on investment for the previous year. There is a simplified Chinese version available ''9A95BC11''.
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Abstract
An individual has inherited oil-producing farm property from a relative. The decision maker wishes to determine the profitability of the operation, but no financial statements exist for the previous year. The student''s task is to use three revenue recognition methods to measure the income and return on investment for the previous year. There is a simplified Chinese version available ''9A95BC11''.