Identify at least one researchable question for each of the following issues (in questions 612).

6.

A cable network has just entered into an agreement granting it the right to show reruns of a hit TV series. In

exchange for this right, the network must pay the TV shows creators a fee each time the show airs.

7. An online travel agency sells a $400 airline ticket to a customer; of this amount, the travel agency must remit

$370 to the airline, and the travel agency will retain a $30 commission related to the sale of the ticket.

8. A popular website primarily generates revenue through ad sales. Ad buyers must pay a specified cost per click,

and this cost is based on agreed-upon terms between the website and ad buyer. The typical term of an advertising

arrangement is approximately 30 days with billing generally occurring after the delivery of the advertisement.

9. Tar, Inc. (i.e., the original polluter) has paid $8 million to a waste disposal company to clean a contaminated

site, and to assume its environmental liability (currently recorded as an $8 million liability on Tars financial

statements). State regulators have signed off on the liability transfer and now look to the waste disposal company

as the responsible party for the cleanup.

10. Acknowledging publicly that its Pie Division is its most unprofitable business unit, Bakeries, Inc. has announced

the sale of the Pie Divisions four baking facilities, along with planned layoffs of Pie Divisions employees. Bak-

eries, Inc. is hoping to segregate the results of the Pie Divisions operations in its financial statements. (Identify

at least two possible research questions.)

11. Your company is planning to issue convertible bonds, also known as hybrid debt, which are bonds that can

convert into shares of common stock upon the occurrence of certain triggering events.

12. For the following researchable question, identify two additional questions that might arise as the researcher digs

deeper into the research topic. Assume that a company has just sold a portfolio of its accounts receivable, in

exchange for cash and certain retained interests in the receivables. The initial question: Can the company record

the transfer as a sale?

Textbook: Skills for Accounting Research, 3e FASB Codification and eIFRS , 3rd edition, Shelby Collins ISBN: 978-1-61853-177-3, Copyright 2016.