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Why is it important to report discontinued operations or extraordinary items separately from income from continuing operations? Does the average investor understand the difference? In what way(s) might the information be presented to clarify meaning for investors?
wheelco a foreign corporation manufactures motorcycles for sale worldwide. wheelcomarkets its motorcycles in the united
some accountants have advocated that a companys human assets be measured and included directly in the financial
1.what is the distinction as drawn by the gasb between a fiduciary fund and a permanent fund?2.how should governments
The average daily demand is 150 customers. The convenience store currently operates 6 hours a day. Each order takes approximately 2 minutes. a. What is the average customer waiting time, in minutes?
The production department started the month with the beginning goods in process inventory of $350,000. During the month, it was assigned the following costs: direct materials, $192,000; direct labor, $90,000; overhead applied at the rate of 30% of..
in august one of the processing departments at knepp corporation had beginning work in process inventory of 17000 and
climber corporation acquired 90 percent of wisden corporation for 180000 cash. wisden reported net income of 30000 and
barker company has a single product called a zet. the company normally produces and sells 85000 zets each year at a
Make the journal entries to record the following transactions in Hunt Ltd’s records by using perpetual inventory system.
consider the following statement to maximise profit you need to sell your output at the highest price. analyse the
The gift shop uses an online e-cash processing company, which deposits cash receipts to the gift shop's bank account automatically. What strategies should the gift shop implement to ensure proper accounting for cash receipts generate from online s..
equipment which cost 213000 and had accumulated depreciation of 114000 was sold for 121000. this transaction should be
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