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It has been suggested that ‘changes in market capitalisation from period to period should be the subject of comment [and] it would be sensible for investors to be guided on the nature of the market capitalisation figure and to be given an indication of share price trends'.46 Discuss the advantages and disadvantages of such disclosure in relation to corporate governance.
What relevant circumstances would justify finite uniformity rather than rigid uniformity for revenue recognition, and which approach is used in practice?
Bass Lake Eatery borrowed $10,000 from the bank on April 1. The note is a 1-year, 12% note, with both principal and interest to be repaid on March 31, 2011.
What is the acid-test ratio for the current year. What is the inventory turnover for the current year. What is days' sales in receivables for the current year
ortiz companys sales budget projects unit sales of part 198z of 10000 units in january 12000 units in february and
assume that logan company uses a periodic inventory system and has these account balances purchases 404000 purchase
cress company makes four products in a single facility. data concerning these products appear below nbspnbsp
Businesses commonly use methods such as Net Present Value (NPV) and Internal Rate of Return (IRR) for evaluating investment decisions. Compare and contrast these two methods describing their relative strengths and weaknesses.
Bigelow Industries manufactures swim caps. Their operating leverage is 3. Each cap sells for $10 and has a contribution margin of $6. They expect to sell 37,500 swim caps. Their fixed costs are:
Explain the overall accounting cycle of an organization. Include a description of the people, processes, and systems that are integral to the cycle.
drew company is a retail company that specializes in selling office supplies to law firms. on january 2 2003 drew
There is a $40,000 realized gainon the sale of the land and no realized gain or loss on the sale ofthe bonds. Are the tax consequences to Ivan and Grace the same for each of the five years? Explain.
Compute the value of inventory and cost of goods sold as on Jan 5, 2014 by FIFO Method.
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