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Company reported net income of $500,000 in 2011. During 2011 Company reported a loss of $50,000 from a peripheral activity. The loss was included as part of income from continuing operations. Assuming that the loss is a one-time event and that Company has an effective tax rate of 35% calculate Company's adjusted net income. Show all of your calculations for credit.Also why analysts might make an adjustment of this type.
Finance Here Sales & Service provides leased-based financing for its full line of commercial generators. Sales of the generators are properly accounted for as operating sales-type leases.
corporations marginal tax rate is 40. it can issue 3-year bonds witha coupon rate of 8.5 and par value of 1000. the
the following accounts and december 31 2010 balances of florida optical corporation are arranged in no particular
In response to a request from your immediate supervisor, you have prepared a CVP analysis portraying the cost and revenue characteristics of your company's product and operations.
castner corporation is considering implementation of a jit inventory system. the companys industrial engineer recently
at jaymes company it costs 34 per unit 16 variable and 18 fixed to make a product at full capacity that normally sells
to be successful a company must anticipate its cash flows. what evidence would help you evaluate whether or not a
determine for each year the inventory turnover and the number of days sales in inventory. round interim calculations to
Compute the cost of the inventory on December 31, 2010, assuming that the inventory at retail is (a) $294,300 and (b) $359,700.
jan. 1 retired a piece of machinery that was purchased on january 1 2002. the machine cost 62000 and had a useful life
george co. leased equipment to shapiro co. on july 1 2014 and properly recorded the sales-type lease at 64682 the
A certain airplane has two independent alternators to provide electrical power.The probability that a given alternator will fail on a 1-hour flight is .02. What is the probability that (a) both will fail? (b) Neither will fail? (c) One or the othe..
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