Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please email me so I can send you the images I do not know how to attach the photos tperson@burrislogistics.com A. Briefly describe the company's

please email me so I can send you the images I do not know how to attach the photos tperson@burrislogistics.com

A. Briefly describe the company's 2012 reconstructing program. Provide two examples of common non-cash charges associated with corporate reconstructing activities.

B. Using the financial statement effects template show the effects on financial statements on (1) 2012 reconstructing charge of 2,266 million (2) 2012 cash payment of 840 million.

C. Assume that instead of accurately estimating the anticipated reconstructing charging 2012 the company overestimated them by 30 million.

How would this overestimation effect financial statements (1) 2012 and (2) 2013 when Severance costs are paid in cash? D. The company reports the total charge will amount to 3.7 billion where is the 2012 income statement from this weekend why do investors care to know the total charge if it does not impact the current period Earnings?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

3. Is it a topic that your audience will find worthwhile?

Answered: 1 week ago

Question

2. Does the topic meet the criteria specified in the assignment?

Answered: 1 week ago