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"The company's officers and board of directors, including Chairman Kenneth Lay, CEO Jeffrey Skilling and CFO Andy Fastow, were selling their Enron stock at higher prices due to false accounting reports that made the stock seem more valuable than it truly was. After the scandal was uncovered, thousands of stockholders lost millions of dollars as Enron share values plummeted."
Discus what you perceive from this scenario also explain the pros and corns of it in detail.
What is the purpose of the W-2 form?
Profit before tax is sh.800000 which includes sh.500000 grant that is not taxable and sh.20000 of expenses allowable for tax purposes.depreciation for p&l account amount to sh.120000 but was to be replaced by capital allowances of sh.150000.Tax ra..
malcolm has a capital balance of 90000 after adjusting to fair market value. celeste contributes 45000 to recieve a 25
bertha is considering taking an early retirement offered by her employee. she would receive 3000 per month indexed for
The following questions dealing with shareholders' equity are adapted from questions that previously appeared on Certified Management Accountant (CMA) examinations.
mr. jahanzaib has set up a new sole proprietorship business one year ago. at the end of the financial year he has to
1. in 2012 mordica co. issued 300 000 of its 500 000 authorized shares of 10 par value common stock at 35 per share. in
on may 1 2014 abiuso corporation purchased for 790000 a tract of land on which a warehouse and office building were
anita vasquez received 210000 from her mothers estate. she placed the funds into the hands of a broker who purchased
A product sells for $200 per unit, and its variable costs per unit are $130. The fixed costs are $420,000. If the firm wants to earn $35,000 pretax income, how many units must be sold?
Does warranty accrual decision create any ethical dilemma for Bly and since warranty expenses vary, what % do you think Bly could select for the current year? Justify your response.
if swannanoa companyamp39s budgeted sales are 1000000 fixed costs are 350000 and variable costs are 600000 what is the
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