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Business all around the world have only clear objective in mind and that is to sell their products to customers. People go to companies, seeking to purchase products for various needs and reasons and in order to satisfy demand, corporations and establishments everywhere need to have the right amount of goods a viable in order to sell. go you agree ? if yes or no explain why in depth.
Some believe that accounting depreciation measures the decline in value of fixed assets. Do you agree? Explain.
question ysl marketing research is a small firm located in seattle washington. on behalf of its clients the firm
Based on projected performance for the first year, do you think the business should undertake the expansion which Andy Crowe has proposed - important for the banker and the Holiday Inn owners to have audited financial statements since Don Foster's ..
Provide the journal entry that Master should make on December 31, 2003 assuming the effective interest method. Elucidate how the bond liability and the related accounts will appear on the Balance Sheet of Master on December 31, 2003.
On June 30, 2013 Blue inc leased a machine from Big leasing corporation the lease agreement qualifies as a capital lease and calls for blue to make semi annual lease payments of 281,454 over a three year lease term, payable each June 30 and December ..
At the beginning of the year, Canon Company had total assets of 870,000 and liabilties of 500,00. If total assets increased 150,000 during the year and liabilities decreased 80,000, what is the amount of stockholder's equity at the end of the year?
Describe the purpose of a flexible budget. Suppose a manager claims flexible budgets are useful because costs are difficult to predict and flexibility is needed to change budgeted costs as input prices change. Do you agree? Explain.
When calculating Q4 ending you would need to know next years Q1 sales units. It is estimated that Q1 sales units for the following year will be a 10% increase to current year Q1.
A review of the records of Pilgrim, Inc., a new company, disclosed the following year-end information: Manufacturing Overhead account: Contained debits of $872,000, which included $20,000 of sales commissions. Compute budgeted machine hours for the y..
Will you use the cash basis or the accrual basis of accounting? Give a complete description of your reasoning.
Last year Sally's studio added 2,300 to retained earnings from sales of 66,800. the company had costs of 52,300 dividends of 1,000 and interest paid of 900 the tax rate was 34%. What was the amount of the depreciation expense?
What is the major theory behind compensation schemes? Compensation should be perfectly correlated with outcomes. Do you agree or disagree with this statement? Under what circumstances may it be (in)appropriate?
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