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1. Firm also try to match long term needs with long term borrowing and short term needs with short term borrowing. Class, explain the four elements of a firm's credit policy
2. Management uses the operating cycle analysis to determine working capital needs. Class, what are the two principal reasons for holding cash?
the vice president of operations of six layer computer inc. is evaluating the performance of two divisions organized as
for franklin inc. sales is 2000000 fixed expenses are 600000 and the contribution margin ratio is 36. what are the
apple apla is piling up boatloads of cash just not here in the u.s.a.those boatloads are increasing becoming docked in
calculate depreciation expense for each year of the trucks life using double-declining-balance depreciation. year 1
wise company completes these transactions during april of the current year the terms of all its credit sales are 210
declared semiannual dividends of 1.40 on 35000 shares of preferred stock and 0.09 on the common stock to stockholders
problem 1seagrave company estimates that 240000 direct labor hours will be worked during 2011 in the assembly
one client had indicated that they were interested in purchasing 42500 worth of products so the bookkeeper recorded the
Suppose your company sold $25,000 in merchandise to a customer for cash. How does this transaction impact the accounting equation?
tom earns 15 per hour for up to 40 hours of work each week. he is paid 30 per hour for every hour in excess of 40. tom
Each of the following would be reported as items of other comprehensive income except:
global motors is a u.s. corporation that purchases automobiles from european manufactureres for distribution in the
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