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How can a company reduce its cash conversion cycle?
What are some of the disadvantages (at least 3) of the payback rule in capital budgeting?
Describe the specific characteristics of each system and provide several examples (i.e. at least two) from companies in your community for each system (i.e. at least four companies should be described).
What are some of the nonfinancial measures provided by managerial accounting to assist managers in the decision-making process?
Edison Inc. has annual sales of $49,000,000, or $44,100,000 a day on a 365-day basis. The firm's cost of goods sold are 75% of sales. On average, the company has $9,000,000 in inventory and $8,000,000 in accounts receivable.
The payroll bank account is reconciled by the chief accountant, who also prepares the several quarterly and annual tax reports.
Discuss the ethical issues
Ace Manufacturing earns revenues of $2,100,000 annually on 150,000 unit sales of industrial part. The part is priced at $14 each. A potential customer, in industry that the company has not previously served
Can you give an example of cost-volume-profit analysis using this techniques in your organization or in your past experience?
Alder Company budgets an annual basis. The following beginning and ending inventory levels (in units) are planned for the next year. Two units of raw material are required to produce each of finished products.
As the management accountant, you are responsible for setting costs for your manufacturing company's products, prior to setting the budget for the upcoming year.
What is a budget contingency and what are 3 reasons to have such a "safety net" in place? Have you been involved in projects where it was necessary to employ contingency funds?
Do you think that companies are worried about disclosing too much information if it comes to segment reporting? What's wrong with the reporting too much information? What do you think their main concerns include?
During 2008, the Training Department of Firm XYZ conducted 200 workshops with 20 individuals in each. The charge per individual was $300.
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