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Because of a new product line, your company's sales over the last few months have increased significantly. As a result, the amount of cash held by the company has increased to levels never experienced before. An evaluation by the company's financial staff concludes that the company is holding too much cash. This situation is reported to the stockholders. How do you think the stockholders would react to this information? What options do you have to deal with the concerns of the stockholders without creating any additional risk? Just–in–time (JIT) inventory systems were first developed by the Japanese and quickly adopted around the globe by many large firms. One of the first to adopt the system in the United States was the automobile industry. In your opinion, is the JIT system a system that can and should be adopted by small, individually owned firms? Why or why not? Would the smaller firms have any advantage in terms of their ability to use such a system? Why or why not? What would be the benefits of employing such a system in the economy?
The total cost was $20,000, and Anne deducted $13,000 as medical expenses. Find what is Anne's realized gain?
Calculate the breakeven point in units for the Peoria plant and for the Moline plant and calculate the operating income that would result from the production manager's plan to produce 96,000 units at each plant.
In preparing a company's statement of cash flows for the most recent year, Ransom Corp. reported
What is the accounting entries made if a company pays $1,000 monthly rent in cash?
Compute the direct materials price and efficiency variances for the quarter and compute the direct manufacturing labor price and efficiency variances for the quarter.
Evaluate the present value of the subsequent cash flows, rounding to the nearest dollar A single cash inflow of $12,000 in five years, discounted at an 11 percent rate of return.
The City of Ridgetown received a gift of $3,000,000 from a local resident on April 1, 2012 and signed an agreement that the funds would be invested on a permanent basis and the income would be used to maintain all of the city parks and recreation cen..
analyze and describe how you think big banks are or are not ripping off pension funds. support your response with
Donna Jamison, a recent UNC graduate with four years of for-profit health management experience, was recently brought in as assistant to the chairman of the board of Computron Diagnostics, a manufacturer of clinical diagnostic equipment. The company ..
objective of financial reporting by business enterprises and Short term investment would be classified as an assets and would appear on the income statement
Ted also owns a 10% of Subco (an S corporation) that had $100,000 of taxable income and distributed a total of $60,000 to its shareholders. How much must Ted include in his gross income as a result of being a shareholder in these two corporations?
ABC Communications recently completed a 5-for-3 stock split. Prior to the split, its stock price was $70 per share. The firm's total market value increased by 10% as a result of the split. What was the price of the company’s stock following the stock..
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