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The records of Marshall Company include the following: Average total assets $3,500,000 Average total liabilities 1,220,000 Total revenue 4,580,000 Total expense (including income tax) 4,100,000 Interest expense (included in total expenses) 90,000 Income tax rate 40% The return on assets is (round to the nearest tenth of a percent)?
Prepare a performance report for the period showing only the spending variances for each overhead cost category.
ali and ahmed carrying business separately ascontractors jointly take up the work of constructing a research complex of
The full disclosure principle, as adopted by the accounting profession, is best described by which of the following?
what are the economic social equity and political considerations that justify various aspects of the tax law?describe
power grid engineering associates inc. provides consulting services to commercial electric utilities. the consulting
1. assume the following the real risk-free rate r is expected to remain constant at 3. inflation is expected to
On December 31, 2011, the inventory at prices existing on that date was $195,500, and the price level was 115. Compute the inventory on that date under the dollar-value LIFO method.
The actual variable factory overhead is $32,000. In the current period, 2500 units are produced at a standard time of 2 labor hours per unit. These units require 5,500 actual labor hours. What is the controllable variance?
you are employed by freedom company a manufacturer of digital clocks. the companyrsquos cfo is trying to verify the
Pam's Candy Co. has assets of $49,200 and liabilities of $28,200. What is the amount of equity? What is the amount of net assets?
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Charles River Company has just sold a bond issue with 10 warrants attached. The bonds have a 20-year maturity, an annual coupon rate of 12.0 percent, and they sold at their $1,000 par value.
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