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What is an example of a potentially unethical accounting situation? Why is the situation unethical? How do ethics affect a company's financial results?
Do you think the Sarbanes-Oxley Act has made a difference in the ethical behavior of companies regarding their financial accounting? Why or why not?
Alpine uses the Lifo method of inventory in conjunction with the lower-of-cost or market methods. Additional information states that teh value of the total cabinet inventory was still above costs.
If she finances the new plant with short-term debt, the current ratio will fall to 1.5:1. Briefly discuss the issues that Barbara should consider.
a company can sell all the units it can produce of either product a or product b but not both. product a has a unit
The average time it takes a group of adults to complete a certain achievement test is 46.2 minutes. The standard deviation is 8 minutes. Assume the variable is normally distributed.
the average price of a gallon of gas in 2005 jumped 0.35 20 percent from 1.71 in 2004 to 2 in 2005. lets see whether
on sept 2 2011 barbie purchased a new car 3900lbs that cost 25000. usage was 25 personal and 75 business. barbie
bogart company is considering two alternatives. alternative a will have revenues of 160000 and costs 100000.
kahn company is a merchandiser that reported net income of 90000. additional information follows decrease in accounts
the following selected account balances were taken from buckeyecompanys general ledger at jan. 1st 2005 and dec. 31st
stevenson corporation had 550000 in invested assets sales of 660000 income from operations amounting to 99000 and a
Calculate the amount of cash that would be available to the owners if the accounts receivable are collected, the other assets are sold as described, and the liabilities are paid off in full.
OPTIMAL CAPITAL BUDGET Marble Construction estimates that its WACC is 10% if equity comes from retained earnings. However, if the company issues new stock to raise new equity, it estimates that its WACC will rise to 10 8%.
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