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Cisco system has total assets of $35.594 billion, total debt of $9.678 billion, and net sales of $22.045 billion, and net sales of $22.045 billion. Their net profit margin for the year is 20 percent, while the operating profit margin was 30 percent. What are cisco's net income, EBIT, ROA, ROA, and ROE?
A.The character of any income or loss will be ordinary regardless of when the contributed property is sold by the partnership and regardless of the character of the asset in the hands of the partnership.
Bob meets next month with a banker to secure a 60 day line of credit. He asks Mark which financial ratios will be of the most interest to the loan officer. How should Mark respond, any why?
kobe is a single dad with dependent children lizzie age 7 and leslie age 3 he has agi of 51,000 and paid 6,300 to a qualified day care center what amount of credit can kobe receive for the child and dependent care credit?
Short term debt has a few advantages such as the economical advantages of obtaining it at a short notice, the flexibility of being able to meet financial needs, and the possibility of renewal by extension.
what was the character of that gain and what is the corporation's basis in the equipment.
The client can significantly affect the desirability of accepting an engagement. Key considerations include the following:
Explain the accounting alternatives that Bonanza Trading Stamps, Inc. should consider for the recognition of its revenues and related expenses.
Using the appropriate interest table, compute the present values of the periodic amounts, due at the end of the designated periods.(a) $53,340 receivable at the end of each period for 8 periods compounded at 12%
For property which is involuntarily converted that is replaced with similar property - what are the mandatory rules for recognition of gain or loss (an example would be great)?
Write a summary of asset treatment in a business. Examine the aspects of acquisition, depreciation, revising periodic depreciation, expenditures during useful life, and the three different means of disposal.
Smith Company's break-even point is 12,200 units. Each unit generates variable costs of $2.20 and is sold for $4.90. What are the total fixed costs?
The cash disbursements for selling and administrative expenses on the August selling and administrative expense budget should be?
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