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Question 1
According to economic theory:
• How would a manager determine the profit maximizing price for a product or service? • Why is setting an appropriate price one of the most difficult decisions a manager makes? • Why is a pricing policy important and what are some of the objectives of a pricing policy? • How does a pricing policy help companies differentiate their brands from their competitors? • Are there ethics involved in pricing and what are they?
Question 2
Harmonization is an important topic in the accounting profession as many accounting standard setting organizations attempt to harmonize or converge existing accounting practices and principles. Locate an article discussing harmonization or convergence of accounting standards. Briefly summarize the article. Do you agree or disagree with the article? Why must we distinguish between convergence and harmonization?
Question 3
The key components of corporate strategic direction include moving an organization forward, maintaining stability, and reversing any sort of organizational decline..
With that in mind; what are some steps you should consider when taking control and trying to move an organization forward. Take a look at some of the current fastest growing companies with the top job growth and explain their approach to what made them an immediate success.
Russia Springs produces premium bottled water. Russia Spring Purchases artesian water, store the water in large tanks, and then runs the water through two processes, filtration and bottling.
What role does the Internal Revenue Service play in interpreting, and providing guidance on, the tax law? What types of tax law guidance are published by the IRS?
dolphin watching ltd dwl owns and operates boats for dolphin watching tours. the main business activity is to take
Discuss how to calculate how much Marbury Bank loaned to the maker of the note and how must Marbury would receive when the note was rediscounted.
What are the differences in the cash flow concepts and procedures between the direct and indirect methods - What is the operational cash flow and what is the financing cash flow?
An aging of accounts receivable indicated that $192,000 are expected to become uncollectible. The amount of the adjusting entry for bad debts at December 31 is
TRM Corporation established a defined benefit pension plan in Year 5. In Year 8 the following information is available. Service cost = $45,000. Interest cost = $60,000.
on december 31 of the current year a companys unadjusted trial balance included the following accounts receivable debit
Write a 350- to 700-word paper in which you differentiate between valuation, depreciation, amortization, and depletion. Is it appropriate to calculate depreciation using two different methods? Why?
Describe three issues/problems that a company could encounter when trying to determine the actual cost of a good or service to be used in the cost of goods sold. For each of your issues, provide an example of a company or industry where these issu..
Prepare an income statement, statement of changes in stockholders equity, balance sheet, and statement of cash flows for 2013.
1. Identify four problems with the system and describe how you would remedy each of them
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