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If management accountants don't have to follow GAAP in their reporting and have the freedom of more customized reporting, are ethics still important? Explain
After six months of operation, Brothers' Lawn Service had the following revenue and expense account balances:
Recovery of working capital will be $10,000 at the end of its useful life. Annual cash savings from the purchase of the machine will be $20,000. a. Compute the net present value at a 12% required rate of return?
Discuss the effect on profits if volume increases to 700,000 units under both the old and the new production environments. Comment on the riskiness of the new operation versus the old operation.
At the end of the year, 20% of the goods were still in X-Beams' inventory. Kent's reported net income was $300,000. What was the noncontrolling interest in Kent's net income?
picksy company owns equipment that cost 38250 when purchased on 1 january 2009. it has been depreciated using the
the cost accountant for blue pharmaceuticals has informed youthat the companys materials quantity variance for the
hmk enterprises would like to raise 10 million to invest in capital expenditures. the company plans to issue five-year
walsh company expects sales of product w to be 60000 units in april 84000 units in may and 79000 units in june. the
if a parent company has two wholly owned subsidiaries how many legal and economic entities are there from the viewpoint
wadkins company a machinery dealer leased a machine to romero corporation on january 1 2012. the lease is for an 8-year
which of the following statements is most correct?a.the typical actual cash budget will reflect interest on loans and
true or false1.a large cash balance is the best evidence of previous profitable operations.2.accounts receivable should
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