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What can you tell by tracing costs in terms of efficiencies? Will these techniques work for service lines as well as product lines? Would the sales department ever be interested in these costs and if so why?
What is the ROE for a firm with times interest earned ratio of 2, a tax liability of $1 million and interest expense of $1.55 million if equity equals $1.5 million?
A tract of land was distributed by MNO Inc. to its sole shareholder, Martha, as a dividend. At the time of the distribution, MNO Inc.'s adjusted basis in the land was $40,000, the fair market value of the land was $80,000, and the land was encumbe..
1.which classification of investments is used when a compatemporary changes in the value of securities after purchase
Space coast city issued the following during the year ended September 30, 2010: (1) $200,000 in bonds for the installation of stop signs, to be assessed against properties benefited, but secondarily backed by the city; (2) $320,000 in bonds for const..
Evaluate the inventory turnover ratio for 2010 by using the LIFO and FIFO cost-flow assumption methods.
one morning the computers at u.s. leasing became sluggish. computer operators were relieved when a software
Employees earn $5,000 per day, work five days per week, Monday through Friday, and get paid every Friday. If the previous payday was January 26 and the accounting period ends on January 31, what amount is the ending balance in the wages payable ac..
A person is considering an investment situation that requires the investment of $100,000 at time zero and $200,00 at year one to generate profits of $90,000 per year starting at year two and runnning through year 10 (a 9 year profit period) wi..
Amortizing a net loss for pensions will: A) increase retained earning and increase accumulated other comprehensive income B) decrease retained earning and decrease accumulated other comprehensive income
Examine the purpose and importance of audit reports. Determine the stakeholders impacted by audit reports. Analyze the impact of audit reports for each category of stakeholders.
poppycrock inc. manufactures large crates of microwaveable popcorn that are typically sold to distributors. its main
on march152011birkshire energy obtained a nine-month working capital loan from the first national bank of oglesby. the
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