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Archware Systems has total assets of $35.594 billion, total debt of $9.678 billion, and net sales of $23.300 billion. Their net profit margin for the year was 0.23, while the operating profit margin was 30 percent. What is Archware’s net income? (Answer needs to be stated in billions. For example: 2.83)
Adoption of International Financial Reproting Standards and please write an essay to support your assumption
for the bakfirn corporation an accounting audit of accounts payable vendor invoices and inventory material acceptance
danya company has created a new software application for pcs. its costs during development and research were 250000.
firm a has 10000 in assets entirely financed with equity. firm b also has 10000 in assets but these assets are financed
Musical earned $308,000 in net income 2011(not including any investment income) while martin reported $126,000. Assume there is no amortization related to the original investment. Prepare consolidated net income for 2011 and show all the work.
Resource use is one characteristic used to differentiate between batch and real-time systems. Describe.
Kimm Company has gathered the information shown below about its product. Direct materials. Each unit of product contains 3.90 pounds of materials. The average waste and spoilage per unit produced under normal conditions is 0.70 pounds.
Brake Company utilizes the perpetual inventory method. Inventory information for Part # AB124 revealed the following for the month of May.
Discuss, with reasons, the appropriate date of acquisition of Beta Ltd in the consolidated annual financial statements of Oxygen Ltd for the year ended 31 December 2003.
The bonds have a year-end fair value of $75,500. Assume effective interest amortization is used
Journalize any adjusting entries in the General Journal and post to the General Ledger. Show your calculations for the adjustments in the Adjustments tab.
Calculate the Direct labor rate and efficiency variances. Use the back of your answer sheet.
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