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Some say that Bernard L. Madoff is the biggest financial fraud in history. The New York Times gives us some background on Mr. Madoff
"For Bernard L. Madoff, there was also his multimillion-dollar private foundation that doled out money to hospitals and theaters. Indeed, through his charity work at places like the Gift of Life Bone Marrow Foundation or his public service at institutions like Yeshiva University, where he served on the board, Mr. Madoff seemed to have created a stainless persona of integrity and trust. And that fit with his rate of return, which was never attention-grabbing, just solid 12-13 percent year in, year out."
How did Mr. Madoff keep his new investments at such a high rate of return and keep paying off investors and giving to charities? Explain how he was able to do what he did financially so long.
The journal entry required on the company'sbooks to record the interest paid on December 31, 2009, would include a debit to interest expense of?
win corporation sells a single product. budgeted sales for the year are anticipated to be 609725 units estimated
For each decision, discuss what information the management account can provide about the source of competitive advantage for these firms.
karen most has a federal tax levy of 2100.50 against her. if most is single with two personal exemptions and had a
Discuss a possible negative managerial scenario that the regional manager may be sensing. Might the manager of Store 9 be an exceptional manager? What are the ethical implications of the scenario?
Noell Corp. has common stock of $5,500,000, retained earnings of $3,000,000, unrealized gains on trading securities of $100,000 and unrealized losses on available-for-sale securities of $200,000. What is the total amount of its stockholders' equit..
Rica's Fleet Feet, Inc., produces dance shoes for stores all over the world. While the pair of shoes are boxed individually, they are crated and shipped in batches. What is the static budget and flexible budget number of crates for 2008?
Determine the objectivity of the two measurement systems for the year under consideration. On the basis of your examination, which of the two systems would you prefer? Explain.
power grid engineering associates inc. provides consulting services to commercial electric utilities. the consulting
1. hansen company uses the periodic inventory method and had the following inventory information availableunits unit
James Welling, a 37 year old engineer has an appointment to meet you in about an hour. As you are reviewing his accounts, you notice that he is a fairly active trader. He seems to do pretty well with returns that outpace the averages-Prepare some ..
butte sold a machine to a machine dealer for 50000. butte bought the machine for 55000 several year ago and has a
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