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1. Explain why, in the calculation of EVA, the profit measure used (NOPAT) excludes interest expense.
questionon the third day in your role as accountant the general manager has asked you to review the results of 2012 and
Estimate the contribution to profit of a standard 180-guest cocktail party if Chavez charges her usual price of $31 per guest. (In other words, by how much would her overall profit increase?)
Instead of producing the product mix in part (b), management wishes to use linear programming to find the profit-maximising mix. Write an LP model, and then use Excel's Solver to determine the optimum weekly mix and the resulting weekly profit ..
In January, Knox Company requisitions raw materials for production as follows: Job 1 $900, Job 2 $1,400, Job 3 $700, and general factory use $600 - Prepare a summary journal entry to record raw materials used.
Calculate NOPAT, invested capital, and residual income for Katherine's Department Store, and comment on the company's profitability.
Allocate joint costs based on relative sales values. With these costs, what is the profit associated with each type of fish?
Prepare the operating activities section of the statement of cash flows for 2011 using the indirect method. Note that there is no difference between the two methods for the investing and financing sections.
Explain the primary force that motivates the different positions.
A jeans maker is designing a new line of jeans called the Slims.
Calculate the predetermined overhead rate for the current year and use this rate to apply overhead to the jobs that are worked during February.
Prepare journal entries to record the issuance of 100,000 shares of common stock at $20 per share for each of the independent cases
Identify the debits and credits in the Analysis of Changes columns with letters that correspond to the following list of transactions and events.
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