Sally can earn a 6% annual return on her investment. Which bonus plan should she pick?

justkalion using accounting preciples ion: Read Judgment case 21-2 on distinguishing income and cash nows. Then, prepare a statement of cash flows from the rformaton avalable m the loan application and post it for the class. Review other students' statements and discuss similarnies and ditlerences between them on: Read Research case 21.4 on locating and extracting relevant for a Microson Corporation (To access fue, dick on 6a Discussion 6.1 link, then select Research Case 21-4 to information francial reporting issue of download 1. Locate the financial statements of Microsoft Corporation on the internet. Search the disclosure notes for information about how Microsoft accounts for its unearned revenues. How is the undelivered portion of Microsofts sales of Windows XP rofessional recorded infiany? 2. Why does the statement of cash flows include "unearned revenue" as an addition to net income in the operations section? Why is recognition of unearned revenue" included as a deduction from the net income? Why do you think Microsoft reported these two nems separately rather than just adjusting net income for the change in the unearned revenue account balance? 3. Why is stock-based compensation added to net income? Sally Hamilton has performed well as chief financial omcer of the Maxtech computer Company and has earned a bonus. She has achoice among o the followig three bonus plans 1. A $50,000 bonus bonus to be paid each year over the next six years with S10.000 pad now annual 3. A three-year S22,000 annual cah bonus with the first payment due three years from now. Sally can earn a 6% annual return on her investments. and insights for the class. Evaluate the three alternative bonus plans, posting your questions Displaying 1 to 9 ot 9 items