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Refer to Polaris financial statements in Appendix A to answer the following. 1. Are Polaris financial statements consolidated? How can you tell? 2. What is Polaris comprehensive income for the year ended December 31, 2011? 3. Does Polaris have any foreign operations? How can you tell? 4. Compute Polaris return on total assets for the year ended December 31, 2011.
The machine's remaining useful life was estimated to be five years with a residual value of $500. Give the entry required to record the company's depreciation expense for 2011.
tally amp co. incurred a pretax operating loss of 100000 in its first year of operations for both financial reporting
Joint costs are allocated to the products in proportion to the relative physical volume of output. Which of the products X, Y, and Z should Watkins subject to additional processing in order to maximize profits?
Bella Company is considering purchasing new equipment for $450,000. It is expected that the equipment will produce net annual cash flows of $50,000 over its 10-year useful life. Annual depreciation will be $45,000. Compute the cash payback period.
prepare a 5-year (2009-2013) schedule of compensation expense pertaining to the 40,000 SARs granted to president scott.
Create a scenario in which a company conceals financial fraud from the auditing firm through the use of information technology, and suggest at least one (1) way in which an auditing firm can minimize its exposure to this risk.
Imagine that you are a senior business manager for a U.S.-based multinational company. You have been informed by your supervisor that your Company needs to consider expanding into a new international market to seek new opportunities.
Calculate the gross wages of each worker for Week 4. Show clearly the basic pay, overtime pay and bonus pay; Using the answer in (a), analyze the total gross wages of the workers into Direct Wages and Indirect Wages;
Demonstrate your calculations of a transfer (selling) price for the cushioned seats to the Commercial Division.
Sales (50,000 units) $1,000,000, direct materials and direct labor $500,000, other variable costs $50,000, and fixed costs $180,000. What is Boswell break-even point in units?
the following information pertains to itemab345 of inventory of abc edu sysyrems inc. cost 45 per unit replacement cost
accidents happen disasters happen the unfortunate happens-but do tax deductions for them happen?describe one basic
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