As of the end of 2019, Stanley Black & Decker had outstanding accounts receivables in the amount

Fantastic news! We've Found the answer you've been seeking!

Question:

As of the end of 2019, Stanley Black & Decker had outstanding accounts receivables in the amount of $1.57 billion but only reported $1.45 billion on its balance sheet. (Pratt p 243) Why would this be the case?

Related Book For answer-question

Intermediate Accounting

ISBN: 978-0324312140

16th Edition

Authors: James D. Stice, Earl K. Stice, Fred Skousen

See More Books

Posted Date: Mar 04, 2024 02:21 PM

See More Questions

Afew years ago, the CEO of one of the world?s largest corporations laid some very tough love on his 500 top managers. Despite having annual revenue of about $300 billion, BP had become, said CEO Tony...
Ron Hopkins had just finished his first year as founder, president, head mechanic, chief cook, and lead tour guide for the Colorado & Utah Canyon Tours Company (CUCTC). The company offered tours...
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
For the curve defined by F(t) = (etcos(t), e* sin(t)) find the unit tangent vector, unit normal vector, normal acceleration, and tangential acceleration at 5A t 6 T N (5r) = 6 5T 6 aN ||
Why is cash flow planning so important?
Iron may be protected by coating with tin (tin cans) or with zinc (galvanized iron). Galvanized iron does not corrode as long as zinc is present. By contrast, when a tin can is scratched, the exposed...
Suppose that in September 2013 a company takes a long position in a contract on May 2014 crude oil futures. It closes out its position in March 2014. The futures price (per barrel) is $$88.30$ when...
Clark Bell started a personal financial planning business when he accepted $36,000 cash as advance payment for managing the financial assets of a large estate. Bell agreed to manage the estate for a...
A 5-year housing project costing P500,000 is projected to give the following annual returns: Year 1 - P 75,000 Year 2 - 150,000 Year 3 - 225,000 Year 4 - 300,000 Year 5 - 350,000 Will you accept the...
Provide an explanation for each cost that will help them understand how the cost process works and provide an example for each product cost as it relates to Donuts To Go's production of donuts....
Write code to read the content of the text file input.txt. For each line in input.txt, write a new line in the new text file output.txt that computes the answer to some operation on a list of...
From what we know of Arlene Blum's story, critique her leadership utilizing principles of power and influence. A. Address which power sources she used and how effectively she used them (see Chapter...
Describe at least three characteristics of a good salesperson. Do you have any or all of these characteristics? What is appealing to you about a profession in selling? What is not appealing to you...
Create the following macro: Create a function that accepts four user inputs: (1) a cash flow amount; (2) a discount rate; (3) the number of periods; and (4) an indicator for which TVM calculation to...
This is wrong bad news email written , please correct this bad news message. Subject: your loss Well, after thinking it over, I've decided to not grant you the free repair for your sony plasma tv and...
Would you invest in the P'kolino firm? Why or why not? Share the reasoning and the rational for your decision to invest or not invest in this firm.
In a paragraph of approximately 150-200 words, analyze a film or TV/Streaming Show poster of your choosing by focusing on the ways in which representations in the poster are gendered. Include an...
King Follett Foods produces premium tofu for the U.S. market. Sales are growing rapidly in the health-conscious United States, and King Follett expects sales in 2009 to be 30% more than sales in...
In 1999, IBM got into trouble with its employees when the company tried to switch from a defined benefit to a defined contribution (called cash balance) plan. IBM is just one of many companies that...
The following summary information is for Data Company: Instructions: 1. Compute net cash provided by (used in) operating activities for Data Company for the years 2005 through 2008. 2. One definition...
Beginning in the 1920s, Russian physicist Pyotr Kapitza or Kapitsa (18941984, Nobel laureate in physics 1978) measured the Paschen-Back effect to an accuracy of 1 percent to 3 percent in various...
Consider transitions from a ${ }^{2} D$ state to a $2 P$ state in the strong field PaschenBack regime. List all allowed transitions and show that there are only three different spectral lines.
What is the longest wavelength of the Paschen series spectrum? Would it be visible to the human eye?

As of the end of 2019, Stanley Black & Decker had outstanding accounts receivables in the amount

Question:

Expert Answer:

Stanley Black Decker had outstanding accounts receivables of 157 billion a... View the full answer

Intermediate Accounting

Students also viewed these accounting questions