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(i) Describe the difference between the balance sheet and the income statement in financial statements of companies.
(ii) Give two examples of intangible assets and two examples of fixed assets
(iii) Which of the following represents a liability:
(a) inventory
(b) accounts payable
(c) Retained earnings
(d) accounts receivable
At the beginning of 2010, Mirror Corporation, had undepreciated capital cost (UCC) of $1,575,000 in asset Class 38 with a CCA rate of 30%. On April 15, 2010, Mirror sold an asset t
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how does idle capacity effect cost behavior patterns and factory overhead application methods
ANNUAL DEMAND = 2400 UNITS ORDERING COST PER UNIT = RS.4.00/- UNIT PRICE = RS 2.40/- STORAGE COST = 2% P.A INTEREST RATE = 10 % P.A LEAD TIME = HALF MONTH CALCULATE ECONOMIC ORDER
#question.discuss the importance of cost classification to a business organisation?
Most corporations pay quarterly dividends on their common stock rather than annual dividends. Barring any unusual circumstances during the year, the board raises, lowers, or mainta
Importance of Variance Analysis Variance analysis is aimed at getting practical pointers to the purposes of off-the -standard performance hence management can improve operatio
How to fix price in times of competition
Explanations on the correct fixation of selling price
Long-Term Liabilities: These are usually for more than one year. They cover almost all the outsider's liabilities not comprised in the current liabilities and provisions. Such
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