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In its 2012 annual report to shareholders. General Electric reported the following financial results
Revenues increased from 147.3 billion to 147.4 billion. Net income decreased from 14.2 billion to 13.6 billion. Total assets decreased from 718.2 billion to 685.3 billion. Shareholders' equity increased from 116.4 billion to 123.0 billion. For the year, the cash flow from operating activities was 31.3 billion, the cash flow from investing was 11.3 billion, and the cash flow from financing activities was negative 51.1 million. Discuss the possible explanations for the financial results
Compute the Break even point - Evaluate the company's break-even point given the sales mix above?
Edwin Co. owned 70% of the voting common stock of Frank Co. During 2010, Frank made frequent sales of inventory to Edwin. There were unrealized gains of $40,000 in the beginning inventory and $25,000 of unrealized gains at the end of the year. Frank ..
a review of the prior years financial statements the present years budget and januarys source documents produced the
Differences between the book value and the fair value of the identifiable assets of Salem Company
You told the panel that you read the IBM book in our class. A memeber of the panel asked you to give one application of cost accounting that would have helped Lou. How would you respond? Use a simple example in your response.
the controller of ferrence company evaluates the amount of materials handling overhead cost that should be allocated to
Describe the stages in a product’s lifecycle. How does a product’s life cycle stage influence the nature of information required to successfully manage costs of the product? Describe some of the decisions management might make based on the product’s ..
Prepare the income statement of Deagan Lawn Service for the four months May through August.
Compute the number of days required by Kraft to sell its average inventory. Compute Kraft’s inventory turnover for the year.
Should the Brinkers accept this offer right away? What quantitative factors and what operational, qualitative or strategic factors should Five-speed and Wilbur take into account in making this decision?
Which method used to calculate depreciation on Machine B reports the highest amount of depreciation expense in year 1 (2014)? The highest amount in year 4 (2017)? The highest total amount over the 4-year period?
Using the information that follows, compute the total standard Unit costs of product WW+
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