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The following annual account balances are taken from ProTeam Sports at December 31.
2011
2010
Accounts receivable
$ 75,692
$ 70,484
Net sales
2,591,933
2,296,673
What is the change in the number of days' sales uncollected between years 2010 and 2011? According to this analysis, is the company's collection of receivables improving? Explain.
a company raised 50000 in cash by taking a one-year loan of 10000 and a 5-year loan of 40000. which of the following is
Medical Instruments produces a variety of electronic medical devices. Compute the materials variances for silver tubing and comment on their meaning.
Why is it not possible simply to add together the separately computed earnings per share amounts of individual affiliates in deriving consolidated earnings per share? Explain.
Allocate the total costs between the completed valves and the valves in ending inventory.
distinguish between product costs and period costs. define both types of costs and provide
A non current asset has a carrying amount of $20,000. it could be sold for $18,500 with selling cost of $500. its value in use is $22,000 and its replacement cost$50,000. according to IAS 36 Impairment of Assets, what is the recoverable amount of ..
the management team is interested in knowing what potential vulnerabilities exist for your environment. take this
Suppose the company changed its depreciation calculation procedures (still within GAAP) such that its depreciation expense doubled. How would this change affect Brandywine's net income, total profit margin, and cash flow?
What is the error in total net income for the combined three-year period resulting from the inventory errors? Explain why the understatement of inventory by $56,000 at the end of 2007 results in an understatement of equity by the same amount in th..
you buy a 6 year 8 cd for 1000. interest is compounded annually. how much is it worth at
Which of the following is the primary factor in determining the functional currency of a foreign subsidiary?
Production was budgeted to be 12,000 units. The standard hours for production were 5 hours per unit. The variable overhead rate was $3 per hour.
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