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Last year, Gransky Corporations variable costing net operating income was $52,100, and its ending inventory increased by 400 units. Fixed manufacturing overhead cost was $7.00 per unit. What was the absorption costing net operating income last year?
Discuss the qualitative concept of comparability. In your opinion, would the financial statements of companies operating in one of the foreign countries listed above be comparable to a U.S. company's financial statements? Explain.
hodge corporation issued 100000 shares of 20 par value cumulative 6 preferred stock on jan 1 2013 for 2300000. in
berger company purchased equipment having an invoice price of 22500. the terms of sale were 310 n60 and berger paid
how are cost allocations utilized in the management of the organization. make certain to discuss cost allocations for
How did the corporate culture of Enron contribute to its bankruptcy?: Please focus on Enron's lack of critical questioning of its accounting practices, and how it became necessary for a whistleblower to make Enron's questionable accounting practices ..
A company manufactures two products bubble and squeak. The products are made from 3 materials A,B, and C; the following table shows quantities and price each material used in the products
general corporation employs a job order cost system. on may 1 the following balances were extracted from the general
Describe how the Internet/intranet/e-commerce will be integrated into the business, as well as the benefits that these technologies would bring to the business.
the production manager of rordan corporation has submitted the following forecast of units to be produced by quarter
What would happen to the value of the 10-year bond over time if the required rate of return remained at 13%? If it remained at 7%? (Hint: With a financial calculator, enter PMT, 1/YR, FV, and N, and then change N to see what happens to the PV as t..
cash investments made by stockholders in exchange for capital stock in a business are reported on the cash flows in
Venture Corporations total assets are 3 times greater than total equity; total equity is 50% of total liabilities. The total debt to total assets ratio is
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