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A company's international division had sales of $20 billion, net income of $1.5 billion, and average invested assets of $2 billion. What is this division's profit margin?
in 2010 the dugan co. had net credit sales of 750000. on january 1 2010 allowance for doubtful accounts had a credit
What FASB code should we use for this case? Does it violate the GAAP?
1. the people that a legislator spends considerable time and effort serving are a delegates.b trustees.c constituents.d
Compute the amount of phantom profit that would result if the company used FIFO rather than LIFO.
Sage Company had a $300,000 balance in Accounts Receivable on January 1.The balance in Allowance for Bad Debts on January 1 was $36,000. Sales for the year totaled $1,700,000. All sales were credit sales.
kingsley products ltd. is using a model 400 shaping machine to make one of its products. the company is expecting to
One-year Treasury securities yield 5%. The market anticipates that 1 year from now, 1-year Treasury securities will yield 6%. If the pure expectations theory is correct, what is the yield today for 2-year Treasury securities?
The lower-of-cost-or-market concept is used in the valuation of inventory. Describe this concept. How does this concept affect your company's profitability, or the profitability of a company with which you are familiar?
You are to prepare the missing adjusting entry. Please indicate DR (debit ) or CR (credit) to the left of the account title, and place a comma between the account title and the amount of the adjustment.
wadjase corp prepared a master budget that included 17800 for direct materials 28000 for direct labor 15000 for
Prepare a new contribution format income statement under each of the following conditions (consider each case independently):
students will prepare a two to three 2-3 page response to the followingbull select either the balance sheet or income
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