Companies use various financing methods to avoid reporting debt on the balance sheet. Identify and describe some of these off-balance-sheet financing methods.
Answer to relevant Questionsa. Explain a loss contingency. Provide examples.b. Explain the two conditions necessary before a company can record a loss contingency against income.Identify and describe several categories of reserves, allowances, and provisions for expenses and losses.Many companies report “minority interests in subsidiary companies” between the long-term debt and equity sections of a consolidated balance sheet; others present them as part of shareholders’ equity.a. Describe ...Define and describe pension risk exposure. What combination of factors precipitated the “pension’s crisis” in the early 2000s? What are the three things that an analyst should check when evaluating pension risk?What are other postretirement employee benefits (OPEBs)? What are the major differences between pensions and OPEBs?
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