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What is decentralization? What are the pros and cons of decentralization? What about centralization?
What is a balanced scorecard? How can it help you manage a company? Are there any advantages to using one?
Ohio Golf Inc., specializes in managing and developing golf course communities in Ohio and surrounding states. In the most recent year, the company had a net operating income of $2,000,000 on sales of $10,000,000. The company's average operating assets for the year were $12,000,000 and its minimum rate of return is 15%.
Ignore the impact of income taxes in your calculation.
Compute the company's residual income for the year.
Peter Company obtains all of the common stock of Sam Inc. by issuing 50,000 shares of its own stock. Under these circumstances, why might the determination of an acquisition price be difficult?
What are some ways that auditors can be sure that the sample sizes will be fair enough to provide a look at internal controls, yet comprehensive enough to detect any irregularities? Is there a way?
Discuss the factors to consider when determining eligibility for the R&D Tax Credit. Discuss your reaction to the president's approach of R&D deduction related to the software training costs.
On the first day of the current fiscal year, $1,000,000 of 10-year, 7% bonds, with interest payable semiannualy were sold for $1,050,000. Present entries to record the following transactions for the current fiscal year:
What is an agency relationship, and what are agency costs? How do these concepts apply to your investment in the oil and gas partnership?
A farmer grows two crops: lettuce and beans. The farmer uses three inputs: labor, seed and fertilizer. The past prices and the quantities of each are given in the following tables: Calculate productivity measures for last year and this year using p..
Why were some of Jeff's friends who worked with him from the beginning not very excited about a change to a standard cost system.
Set up an amortization schedule for a $25,000 loan to be repaid in equal installments at the end of each of the next 3 years. The interest rate is 10 percent, compounded annually.
Sandra sold 500 shares of Wren Corporation to Bob, her brother, for its fair market value. She had paid $26,000 for the stock. Calculate Sandra's and Bob's gain or loss.
Assume for 2011 that Don made one transfer involving his granddaughter as follows: Don opened a joint checking account with his granddaughter, with right of survivorship, for her college expenses.
You have been employed as an entry level management accountant for little under a year. You suspect that your immediate supervisor is involved in a significant fraud involving diverting of companys assets to personal use.
Prepare all journal entries to record the preceding information. How the accounts related to BBB's factoring and assignment agreements be reported on BBB's year end financial statements
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