재무회계 Ch4 과제

(1) Quetion 4-9

Chapter4-9

First, the criteria in the definition of a liablilty is following :

1. Probably, future sacrifices of economic benefits.
2. Arising from present obligation to transfer assets of privide services.
3. As a result of a past transaction.

In this perspective,

(a) is a liability. accrued interest payable.

(b) is a liability.(Advances from customers) It is equal to amount of received cash.

(c) is not a liability. criteria (3) is not satisfied.

(d) is a liability.(Provisions) It can be valued by some ratio of original product’s price.

(e) can be liability or not. It depends on a probability of lawsuit.

If a probability of loss lawsuit is more than certain level,(In GAAP 80%, IFRS 50%) then it will be a liability. In that case, it can be valued by expected loss that should pay.

(f) is not a liability. criteria (3) is not satisfied.

(g) is a liability. It can be valued by some ratio of flight ticket’s regular price.

(2) Quetion 4-15

Chapter4-15

Total Assets = Current Assets + Noncurrent Assets

Total Liabilities = Current Liabilities + Noncurrent Liabilities

Total Liabilities and Shareholders’ Equity = Total Liabilities + Shareholders’ Equity

And, Total Assets = Total Liabilities and Shareholders’ Equity

Apply above,

Category	Year7	Year6	Year5	Year4
Noncurrent Assets	19,179.7	18,717.4	11,289.1	9,713.9
Shareholders’ Equity	21,537.3	16,666.9	9,002.0	11,300.6
Total Assets	30,178.9	28,224.7	18,491.3	16,596.5
Current Liabilities	2,919.9	4,351.3	1,494.2	1,755.2
Current Assets	10,999.2	9,507.3	7,202.2	6,882.6
Noncurrent Liabilities	5,721.7	7,206.5	7,995.1	3,540.7
Total Liabilities and Equity	30,178.9	28,224.7	18,491.3	16,596.5