At&t Executive Summary

AT & T administrator Summary Acc280 Charles Cor concludingt April 19, 2010 AT & T Executive Summary Current Assets The two largest up-to-date assets for At & T in 2008 was property, correct and equipment and goodwill and in 2009 it was the equal assets as in 2008. Property, implant and equipment assets in 2008 was $99,088,000.00 and goodwill was $71,829,000.00 in 2008. In 2009 property, plant and equipment assets were $100,093,000.00 and goodwill was $73,259,000.00. Property, plant and equipment is stated at cost, except for assets acquired development purchase accounting, which atomic number 18 recorded at bewitching mensurate (www.at&t.com). The cost of additions and developed improvements to property, plant and equipment is capitalized (www.at&t.com). The cost of maintenance and repairs of property, plant and equipment is charged to operational expenses (www.at&t.com). Property, plant and equipment is depreciated using straight-line methods over their estimated stinting lives (www.at&t.com). Goodwill represents the unembellished of consideration paid over the fair value of net assets acquired in business combinations (at&t.com). Goodwill and other indefinite-lived intangible assets ar not amortized but are tested at least annually for impairment (www.at&t.com).

The companys total assets at the wind up of the annual reporting for 2008 was $265,245,000.00 and for 2009 was $268,752,000.00. The assets did increase from 2008 to 2009. Account Payable AT & T account payable for the year decision in 2008 and 2009 are as followed, in 2008 was $20,032,000.00 and in 2009 was $ 20,999,000.00. thither was a subtle incre! ase in accounts payable from 2008 to 2009. Liabilities AT & T current liabilities for the year ending in 2008 was $42,290,000.00 and year ending 2009 was $36,705,000.00. There was a slight decrease in liabilities from 2008 to 2009. AT & T two largest current liabilities for 2008 and 2009 were Postemployment benefit obligation and deferred income taxes. In 2008, postemployment benefit...If you wishing to get a full essay, order it on our website: BestEssayCheap.com

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