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Team Shirts had a return on equity of 23%. Average shareholders' equity for the corporation was $123,000. There were 45,000 common shares and no preferred shares outstanding. What was net income for the year?
indicate whether each of the following audit procedures is a test of controls a substantive test or a dual purpose
Provide the following (and support ALL of your work)- c) Reconcile and explain the difference between Deep Space's Net Operating Income using variable costing and absorption costing.
a project has the follwing estimated data price57 per unit variable costs32 per unit fixed costs90000 required return12
write a paper of no more than 750 words in which you discuss the difference between comparative and ratio analysis.
Revenues for the year ended 31 January 20X1 were $507,000 and expenses were $330,000. Under plan (b) above prepare the partnership income statement for the year.
Given the facts presented, discuss the various factors that affect the reli- ability of (1) the comparable uncontrolled price method, (2) the resale price method, and (3) the cost-plus method.
on january 1 20x3 pope company acquired 100 of the common stock of siegel company for 300000. on this date siegel had
suppose a company has five different capital budgeting projects from which to choose but has constrained funds and
Two zero turn lawn mowers costing $2400 each and a professional trimmer costing $650 were purchased for cash. the orginal list price of each mower was $3050, but a discount was recevied because the seller was having a sale. so when will entry i..
A check correctly written and paid by the bank for $395 is incorrectly recorded on the company's books for $359. The appropriate adjustment on a bank reconciliation would be to?
The following product line information is for the Swiss Watch Company. The company is considering dropping its Children's product line due to poor operating income performance. Fixed expenses are allocated to each product line based on sales reven..
the accounts and balances that follow are from the general ledger of dimaz company. compute the 1 working capital and 2
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