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Refer to the Financial statements of Urban outfitters in appendix c
1. What is the campany's revenue recongnition policy? (hint: look in the notes to the financial statements.)
2.Assuming that $50 million of cost of sales was due to non inventory purchase expenses (distribution and occupancy cost ), how much inventory did the company buy during the year? (hint use a T-account of the inventory in infer how muchwas purchased .)
3. Calculate seneral administrative , and sellion expenses of sales for the years ended January 31, 2009, and January 31, 2008, By what percent did these expenses increase or decrease from fical year 2007 and 2008? The campany's fiscal year ends on January 31, 2009 (hint: Percentage = [Current Year Amount- Prior Year Amount}/Prior Year Amount )
4. Compute the company's total assets turnover for the year ended January 31, 2009, explain its meaning
Leslie Sporting Goods is a locally owned store that specializes in printing team jerseys. The majority of its business comes from orders for various local teams and organizations. While Leslie's prints everything from bowling team jerseys to f..
The direct method statement of cash flows for the lessor should reflect which of the following in the first year of the lease contract (ignore noncash disclosures)?
lifestyle lighting ltd. reported the following on its balance sheet at december 31 2010capital assets at costland
The fixed overhead volume variances is due to:
cyprus corp. has excess capacity. under what situations should the company accept a special order for less than the
Assume this company uses the FIFO method of process costing and direct material is added uniformly throughout the process. What are the equivalent units produced of direct material?
accounting increases a students preparedness to understand complex business concepts and the rationale managers use to
The firm also reports a currency translation gain of $8.9 million as part of other comprehensive income. Calculate the firm's core operating income (after tax) and core percentage profit margin. The firm's marginal tax rate is 39 percent.
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Blue Company sold machinery for $45,000 on December 23, 2010. The machinery had been acquired on April 1, 2008, for $49,000 and its adjusted basis was $14,200. The § 1231 gain, § 1245 recapture gain, and § 1231 loss from this transaction are:
naui industries manufacture flowered shirts which normally sell for 24 each. the current unit cost to manufacture each
prepair a complete statement of cash flows using above pictures. report its operating activities using the indirent
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