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Polo Ralph Lauren Corporation designs, markets, and distributes a variety of apparel, home decor, accessory, and fragrance products. The company's products include such brands as Polo by Ralph Lauren, Ralph Lauren Purple Label, Ralph Lauren, Polo Jeans Co., and Chaps. Polo Ralph Lauren reported the following (in thousands):
Assume that accounts receivable (in millions) were $530,503 at the beginning of the 2006 fiscal year.
a. Compute the days' sales in receivables for 2007 and 2006. Round to one decimal place.
b. What conclusions can be drawn from these analyses regarding Ralph Lauren's efficiency in collectingreceivables?
sherry rents her vacation home for 6 months and lives in it for 6 months during the year. her gross rental income
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given the following information sales 5000 fixed expense 2000 variable exp 1750 what would expected net income be if
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Financial reports of the lowest level of quality reflect: A. fictitious events.
Justify the percentage of ownership the client's daughter should have in the business based on the type of business entity recommended. Consider the tax law in reference to the recommendation and how the decision will affect the daughter's tax ret..
on july 31 2012 mexico company paid 3000000 to acquire all of the common stock of conchita inc. which became a division
1. on 2-1-2010 borrowed 60000 cash from the local bank. the note had a 6 interest rate and was due on 6-1-2010.2. cash
rachel ray recently opened her own basket weaving studio. she sells finished baskets in addition to the raw materials
Company owns 40% of the outstanding voting common stock of Nicole Corp. and has the ability to significantly influence the investee's operations. On January 3, 2011, the balance in the Investment in Nicole Corp.
What are Lily's taxable income and tax liability for the year?
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