Frantek Case Study

Uploaded by : Essays-Now.com

This 5 page paper looks at a case study supplied by the student. Frantek are a company that had a contract to sell computer boards, but they have not been able to meet their contractual obligations. The buyer re-negotiates some more favorable terms for Frantek. The paper looks at the impact on accounting issues such as revenue recognition, inventory valuation and accounting for liabilities. The bibliography cites 3 sources.