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What is the difference between budget lapsing and line-item budgets?What types of organizations would you expect to use budget lapsing?What type of organizations would you expect to use lin-item budgets?
On January 1, 2011 Phoenix Co. acquired 100 percent of the outstanding voting shares of Sedona Inc. for $600,000 cash. At January 1 2011, Sedona's net assets had a total carrying amount of $420,000.
Oaks Edge Company's budgeted sales were 22,500 units at $76 per unit. Actual sales were 21,750 units at $79 per unit. What was Oaks Edge sales price variance?
The board of directors of Ogle Construction Company is meeting to choose between the completed-contract method and the percentage-of-completion method of accounting for long-term contracts in the company's financial statements. You have been en..
fdp company produces a variety of home security products. gary price the companys president is concerned with the
Nichol Industries acquired common stock of Crest View Inc
kens bicycle shop sells mountain bike for purposes of a cost volum profit analysis the shop owner has divided sales
What are the advantages and disadvantages of each bank's offering? Which bank and cash management service would you choose? Why? How can using a bank's cash management service reduce opportunity cost for a health care organization?
Why do most companies use normal or standard costing? After all, actual costing give the actual cost, so the firm could just wait until it knows what the cost will be.
chase corp sold 200 1000 6.5 percent bonds at 105 on march 1 2006. each bond has 10 warrants attached and each warrant
Assume Starla wants to accumulate $100,000by her retirement date. Will she achieve her goal if she invests $44,000 today and earns 7%?
karen makes the following purchases and sales of stocktransaction date number of shares company price per sharepurchase
Write the details of each partner's contribution in narrative form. At least one of the partners must have contributed more than just cash. If other assets are introduced, they must be realistic. Explain where they came from if necessary.
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