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What are the two techniques used to convert trial balances from foreign currencies in U.S. dollars? Explain the situations when you would employ each metod.
Blocker, Inc. had $10,000 of notes coming due on January 10, 2011- how much of the $10,000 note should be shown as current?
A. Low Carb Diet Supplement, Inc. has two divisions. Division A has a profit of $100,000 on sales of $2,000,000. Division B is only able to make $25,000 on sales of $300,000. Based on the profit margins (returns on sales), which division is superior?
Explain the steps to take for a money market hedge. You need to describe clearly the amounts which are related to the actions to take.
A foreign project that is profitable when valued on its own will always be profitable from the parent firm's standpoint. True or false? Explain.
Greetings Online disposed of a van that cost $22000 with accumulated depreciation of $15000. The journal entry would be to:
John Smith started a consulting business and completed the following transactions. Prepare all journal entries related to these transactions.
Describe how investors report investments in equity securities when investor has controlling influence over an investee. (US GAAP)
A company has current assets of $45,000, current liabilities of $30,000, and total liabilities of $55,000. The current ratio is:
What are some advantages and disadvantages of different types of direct and indirect foreign investments?
Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
What specific labour and overhead costs would be incurred, both before and after the split off point? Again, be specific here in terms of what you think would need to be incurred.
Mark Wilson, chief of personnel, has been instructed to increase the hiring of women at the Morton Cement Company.
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