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Most people have some exposure to an accounting information system, but not all people have the same exposure or experience. What are your experiences, job backgrounds, and types of AIS that you have some exposure to? What did you like about it, and what didn't you like about it? What would you have rather used instead of what you did use?
The Lyons Company's cost of goods manufactured was $120,000 when its sales were $360,000 and its gross margin was $220,000. If the ending inventory of finished goods was $30,000, the beginning inventory of finished goods must have been:
The increase in ROI was attributed to a reduction in operating assets brought about by the sale of obsolete inventory at cost (the proceeds from the sale were used to reduce bank loans). By how much was inventory reduced?
1.with respect to a corporation select the statement that is correct. a. its organization requires an approved charter
gilder corporation manufactures a product that has the following
Prepare journal entries to record items (a) through (f) above [ignore item (g) for the moment]. Prepare T-accounts for Manufacturing Overhead and Work on Process. Post the relevant items from your journal entries to these T-accounts.
in mcdonalds 2009 10k report revenues from franchised restaurants consisted of rents being 4.8 million. future minimum
what is the time value of money? why should accountants have an understanding of compound interest annuities and
Other than for financial statements, management need report only the information it knows. That is, management should be under no obligation to gather information it does not have, or does not need, to manage the business.
crystal telecom has budgeted the sales of its innovative mobile phone over the next four months as followssales in
us gaap follows the historical cost concept in valuing the cost of long-term assets. explain this principle and how it
Assume you're bearish on Stock Y and decide to sell short 100 shares at the current market price of $30 per share. You earn no interest on the funds in your margin account and the cost of borrowing shares is 0.25%.
the h i and j partnership was about to enter liquidation with the following account balancescash90000. noncash
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