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Addressing the differences in creating budgets for the following entities: manufacturing, non-manufacturing, serviced based business and not for profit organizations. Your paper should cover the following topics:
• What would be similar between each organization?Similarities between manufacturing, non-manufacturing, serviced based businesses and not for profit organizations are
• What would be different for each organization?
• How will a budget help these organizations achieve its financial goals?
• Your paper must include at least two references other than your textbook.
Compute the net realizable value of the accounts receivable of Lucille Company at December 31, 2007.
How may a company use probability to determine whether or not it is feasible to use primary data in a research study? Explain your answer.
A company acquires land by issuing 10,000 shares of its $10 par value common stock currently trading at $20 per share and the appraised value of the land is $250,000. We would record the land by:
The town of Seaside has decided to construct a new sea aquarium to attract tourist. The cost of the measure is to be paid by a special tax. Although most of the townspeople believe the sea aquarium is a good idea, there is disagreement about how t..
You recently invested $12,000 of your savings in a security issued by a large company. The security agreement pays you 7 percent per year and has a maturity two years from the day you purchased it.
Wahr Corporation bases its predetermined overhead rate on the estimated labor hours for the upcoming year. At the beginning of the most recently completed year
Compute the sales level that would generate a 20% return on investment. Supposing the rate of return is 15%, determine the level of sales that would generate $200,000 of residual income.
The sensitivity and importance of payroll and payroll information cannot be overstated. The managing and protecting of this information deserves and has the attention of any number of managers within an organization.
An introduction to internal controls, explaining in your own words the two primary goals of internal control.
Pacific has the following account balances as of Feb 1. Western pays $2,020,000 in cash. An additional $20,000 is paid in direct combination costs. For each of the following accounts, determine what balance will be included in a Feb 1 consolidatio..
It is estimated that 80% of the coupons will be presented for redemption. Sales for the first period were $700,000, and the coupons redeemed totaled 340,000.
Please describe the procedure used in either case and do you think there was sufficient internal control to prevent improper claims?
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