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1. Which of the following items should be classified as long term operational assets?
a. Delivery van b. Land used in the business c. Goodwill d. Cash e. Filing cabinet f. Tax library of accounting firm LO 1g. Prepaid insurance h. Coal mine i. Office equipment j. Accounts receivable k. Supplies l. Copyright
if sales are 880469 variable costs are 401496 and operating income is 223923 what is the contributing margin
managerial accounting emphasizes short-term profit analysis so the income statement is very important. consequently
if inventory increases from the beginning of theperiod to the end of the period how will that fact show up on
Identify at least four deficiencies in Jack Riley's participative policy for planning and performance evaluation purposes. For each deficiency identified, recommend how it can be corrected.
the production department in a process manufacturing system completed 191500 units of product and transferred them to
the management of horton company estimates that credit sales for august september october and november will be 270000
percentage of completion using architects estimates southern california builders inc. entered into a contract to
if total liabilities decreased by 15000 and owners equity increased by 5000 during a period of time then total assets
rothery co. manufactures and sells medals for winners of athletic and other events. its manufacturing plant has the
benton and orton are partners who share income in the ratio of 13 and have capital balances of 70000 and 30000
on february 11 2011 wilmar corporation borrowed 100000 from its bank by signing a 12 percent 15-year note payable. the
Gandolfi Construction Co. purchased a used CAT 336DL earth mover at a cost of $325,000 in January 2013.
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