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An individual who was appraising accounting education had the following premises (assumptions):
a. Accounting professors used to do more consulting with accounting practitioners than they do today.
b. Accounting professors have become more interested in research that is abstract and not necessarily practical.
He, therefore, concluded that accounting students are not as well prepared to enter the accounting profession as they used to be. Which type of reasoning was the individual using? What is your assessment of his conclusion?
On October 1, Lemke issued $6,000,000 of 9% convertible bonds. Each $1,000 bond is convertible into 40 shares of common stock. No bonds have been converted. The number of shares to be used in computing basic earnings per share and diluted earnings..
Examine key factors that impact a company's decision of whether to pay a dividend and evaluate what you believe is the most significant driver of the decision.
the difference between the net present values of the two alternatives obtained using the total cost approach will be
hope amp crosby co. reports net income of 34000. the partnership agreement provides for annual salaries of 24000 for
Using the following information and assuming that all inventory is purchased on account, compute cash paid for inventory:
can you create and income statement and balance sheet for 2010 and 2011 from this information. and calculate the cash
Assuming that the $7,500 was deducted in calculating net unrelated business income, what is Tan s unrelated business taxable income?
What amount related to the bonds will LHD report in its balance sheet at December 31, 2009 for bonds payable? What amount of interest expense related to the bonds will LHD report in its income statement for the year ending December 31,2010?
For the common stock, determine (a) the earnings per share, (b) the price-earnings ratio, (c) the dividends per share, and (d) the dividend yield.
for a 100000 face value bond issued april 1 2014 for ritzy diner with 14 stated annual interest rate paying interest
roland company operates a small factory in which it manufactures two products a and b. production and sales result for
In making inventory decisions
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