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1. In your own words, how should the results of installment sales be reported on the income statement?
2. Financial executives insist that there should be no separation between an individual's personal ethics and his or her business ethics. "It's a jungle out there" and "business is business" should not be excuses for engaging in unethical behavior. Many firms have ethics codes which are based on economically rational concepts such as integrity and trustworthiness, which guide the decision maker in attempting to increase shareholder wealth. Of course, some employees sometimes choose to not comply with their firm's ethics code.
How do ethics codes apply to project selection and capital budgeting? What are the potential risks to a company of unethical behaviors by employees? What are potential risks to the public and to stakeholders?
prepare any necessary journal entries to record the declaration on 71511 of a 10 stock dividend on its 116000
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What is the legal capital of the corporation? At what average price per share has the preferred stock been issued? How many shares of common stock have been issued?
P sold merchandise to S during the year in the amount of $30,000. $10,000 worth of inventory is still on hand at the end of the year with an unrealized profit of $4,000. The separate company statements for P and S appear in the first two columns o..
discuss ways in which the company you researched could best use job costing information to design and implement a job costing system
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If the December 31 inventory is targeted at $41,500, budgeted purchases for the fourth quarter should be:
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