Cardinal corporatation is a trucking firm that operates in

Assignment Help Accounting Basics
Reference no: EM13588330

Cardinal Corporatation is a trucking firm that operates in the Md-Atlantic states. One of the Cardinal's major customers frequently ships goods between Charlotte and Baltimore. Occasionally, the customer sends last-minute shipments that are outbound for Europe on a freighter sailing to Baltimore. To satisfy the delivery schedule in these cases, Cardinal's driver must substantially exceed the speed limit. Cardinal pays for any related speeding tickets. During the pat year, two drivers had their licenses suspended for 30 days each for driving at such excessive speeds. Cardinal continues to pay each driver's salary during the suspension periods.

Cardinal believes that it is necessary to conduct its business in this manner if it is to be profitable, maintain the support of the drivers, and maintain the goodwill of the customers. Evaluate Cardinal's business practies.

Reference no: EM13588330

Questions Cloud

If a polygon has at most one non-acute angle how many sides : 1.a provenbsp if every angle of a polygon is acute then the polygon is a triangle. that is it cant be a quadrilateral
What are the benefits and drawbacks of adopting greens : what are the benefits and drawbacks of adopting greens definition of occupational crime as any act punishable by law
On january 1 2014 flip corporation had 560000 shares of 1 : on january 1 2014 flip corporation had 560000 shares of 1 par value common stock issued and outstanding. there was a
An airplane with an average cross sectional area 10 meters : question an airplane with an average cross sectional area 10 meters squared experiences a lift force of 60 000 n. what
Cardinal corporatation is a trucking firm that operates in : cardinal corporatation is a trucking firm that operates in the md-atlantic states. one of the cardinals major customers
Discus what you consider to be the nature of the : 1. the responsibility of entire purchasing function is vested in a single individual. justify why the so call
Calculate the net cash flow from financing activities for : the following selected account balances were taken from buckeye companys general ledger at january 1 2005 and december
Clopack company manufactures one product that goes through : clopack company manufactures one product that goes through one processing department called mixing. all raw materials
An inductor that has a resistance of 70 k is connected to : an inductor that has a resistance of 70 k? is connected to an ideal battery of 48 v. 2.6 ms seconds after the switch is

Reviews

Write a Review

Accounting Basics Questions & Answers

  Implications of practice-legal-ethical ramifications

Research this situation on the internet or through the university library. Write a 400-word paper describing the situation and the implications of the practice including any legal or ethical ramifications.

  The expected pretax return on three stocks in divided

the expected pretax return on three stocks in divided between dividends and capital gains in the following way stock a

  The spot price of the market index is 900 a 3-month forward

the spot price of the market index is 900. a 3-month forward contract on this index is priced at 930. the market index

  Why would an entity choose to use eva over the concept of

why would an entity choose to use eva over the concept of roi for purposes of evaluating the financial performance of

  Assume that on feb 1 the state in which three rs co

three rs co. was established on jan 20 2003 to provide educational services. the services provided during the remainder

  Production records show that 35490 units were in beginning

rivera company has several processing departments. costs charged to the assembly department for november 2014 totaled

  What is wheldon variable overhead spending variance

Managers of Wheldon Manufacturing are analyzing variable overhead variances for the fiscal period just ended. The flexible budget called for $80,000 in variable overhead but actual variable overhead was $95,000.

  In what situations would a reasonable estimate of returns

1. what is the authoritative guidance for revenue recognition when right of return exists?2. when is this

  Primo industries collected 104282 from customers in 2014 of

primo industries collected 104282 from customers in 2014. of the amount collected 24011 was from services performed in

  Prepare the manufacturing overhead budget for the year

1. blue lagoon corporation is projecting a cash balance of 31155 in its december 31 2011 balance sheet. blue lagoons

  Prepare a multiple-step income statement for surry co from

prepare a multiple-step income statement for surry co. from the following data for the year ended december 31 2010.

  Oneida associates is a real estate company operating in the

oneida associates is a real estate company operating in the finger lakes region of central new york. its leasing

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd