for the balance sheet, the net cash flow in the CFS from one year to the next should equal the increase or decrease of cash between the two consecutive balance sheets that apply to the period that the cash flow statement covers.
e. Check the main accounting policies of your company. Choose one interesting/doubtful accounting policy. Then, comment on the chosen accounting policy.
allowance for doubtful accounts
1,295
799.4
513
316.7
162
100
Foregin exchange and transaction gains
466,014
16983.0
11,112
405.0
2,744
100
Equity in earnings of affiliates
41,605
50.0
266,811
320.9
83,144
100
Gain on disposal of investment assets
18,661
69.2
3,005
11.1
26,975
100
Gain on disposal of P, E, and IA
4,217
94.7
7,306
164.1
4,453
for bankruptcy.
PG&E didn't have borrowing capacity for a breakthrough the lack of cash flow and they couldn't raise fund from capital markets. So, they said that they could be in bankruptcy danger as well as they couldn't settle their debt if legal and institutional rescues aren't enforced. Also, They said that they had possibility of bankruptcy even if state allow the raising of costs, because
for Selection of Southwest and Jetblue
During class, the accounting item that made our group member was adjusting entries. In class, the professor kept mentioned air travel tickets as the example of accrued revenues. Therefore, we all agreed to choose airline companies. At first, we talked about major international airlines. However, during further research, we found out that regional airlines
(2011), the cruise industry has a $15 billion turnover. It employs over 100,000 shipboard officers and crew as well as approximately 15,000 employees ashore. Indirectly, the industry providers employment for food suppliers, engineering services, manufacturers, port agents and authorities, transport companies, tourist companies, hotels, destination companies, and car-hire and employment agents.