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Assignment
1. Differentiate between the direct method and the indirect method by discussing each method. In your opinion, which method provides the most useful information to creditors? Provide support for your rationale
2. Explain how the amount of cash payments to suppliers is computed under the direct method?
3. Please provide two more examples of the how the statement of cash flows is useful to investors and creditors.
jamir company has a contribution margin ratio of 35. if jamir has 335405 in fixed costs what amount of sales will need
When a parent uses the initial value method throughout the year to account for its investment in an acquired subsidiary, which of the following statements is true before making adjustments on the consolidated worksheet?
prepare general ledger entries1. township assembly agreed that a new police and fire department building would be
wrote off obsolete inventory of $100,000 during 2016. What was the effect of this write-off on Zenk's ratio analysis?
custom computers is a company started by two engineering students to assemble and market personal computers to faculty
Find the amount of interest earned by each of the following deposits: $27,630.35 at 4.4% compounded quarterly for 3.7 years.
delmar manufacturing is considering three different prices for the new personal digital planner 75 65 and 55. variable
What are the pros and cons of using reversing entries? Why are reversing entries optional?
1. It has been reported that the overall graduation rate for football players at Division I-A colleges and universi- ties is 65%. Source: "How Football Rates," USA Today, December 20, 2005, p. 12C.
Analyze the effect of both full-cost and variable-cost transfer pricing methods on Phipps' cash flows using a spreadsheet program such as Excel.
Variable administrative expenses are expected to be 3 percent of sales, and fixed administrative expenses should total $34,200 per quarter, exclusive of depreciation.
You will write a short email explaining your findings and recommendations to your manager. Your manager will use your email to present your findings at his 9am meeting. Your manager will only have 5 minutes prior to the scheduled meeting to prep s..
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