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"The company's officers and board of directors, including Chairman Kenneth Lay, CEO Jeffrey Skilling and CFO Andy Fastow, were selling their Enron stock at higher prices due to false accounting reports that made the stock seem more valuable than it truly was. After the scandal was uncovered, thousands of stockholders lost millions of dollars as Enron share values plummeted."
Discus what you perceive from this scenario also explain the pros and corns of it in detail.
In each of the following independent situations, determine the dividends received deduction. Assume that none of the corporate shareholders owns 20% or more of the stock in the corporations paying the dividends.
X corp issued a $100,000 5 year bond, stated interest rate on bond at 10% on January 1,2010. Interest is paid annually at the end of the year. the market interest rate was 7%.
determining amount to borrow and pro forma statement balances athena sudsberry owns a small restaurant in new york
The legal statutes and insurance policy coverage identify a number of loss categories from a cyber attack. In the list of losses is one for "general injuries". Identify one general injury that might be suffered during a cyber attack.
Lime Corporation participated in a simultaneous investing and financing transaction where it acquired a building costing $50,000 by issuing common stock.
a disbursement by the general fund to another fund may be recorded as a receivable an expenditure or a fund transfer.
Jerusha is married and she files a separate tax return in 2010. She claims two exemptions (2 x 3,650 = $7,300). She claimed the standard deduction for regular tax purposes ($5,700). She had no other adjustments. Her regular taxable income was $68,..
a. Calculate the Range b. Use the range to calculate the standard deviation c. Calculate the standard deviation (and show any difference)
Calculate the ending balance of Raw Materials and calculate the ending balance of Work in Process - Prepare brief job-order cost sheets for Jobs 58, 59, and 60.
How much do external failure costs change if all changes are as anticipated with the new prevention procedures? Assume all units produced are sold and there are no ending inventories.
Compute the issue price of a $1,500,000 bond issue and prepare the journal entries for the issuance and first years' interest payments (use the effective interest method). Assume the bonds are paid semiannually (June 30 and December 31).
Choose a product and briefly discuss the product you want to make or manufacture. About half page of A4 size. Find out estimated cost of Making your product.
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