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What if 32,000 cell phones could be manufactured next year? Explain in words how that would affect the unit prime cost, the unit conversion cost.
What does it mean to have a good system of internal controls? Give some examples of internal controls.
In June 2016 Herman sells the factory for $2.5 million. To arrange the sale, he incurs advertising costs of $10,000 and legal fees of $50,000.
Calculate the dividends per share on each class of stock for each of the four years.
The old note had a 10% interest rate, had been issues on September 1, 2009, and required semi-annual interest payment on February 28 and August 31.
For Danna's company, hidden quality costs are estimated by using a multiplier of three. What are the actual external failure costs?
What is the actual cost of the acquisition to Firm Y using company stock? Why is the actual cost less than $35,000?
A company seeking a line of credit at a bank was turned down. Among other things, the bank stated that the company's 2 to 1 current ratio was not adequate.
Discuss the following factors to ensure effective and reliable forecasting.Past transections,Externaa factors.
Tarpley, Inc. acquired land for $400,000. The closing costs amounted to $11,000 and the firm paid $7,250 for the current period's property taxes .
How much did Qualcomm have in cash, cash equivalents, and marketable securities .
Machinery and equipment depreciation expense for general capital assets totaled $163,000 for the reporting period.
Discuss how various stakeholders-internal and external-use information contained in the financial statements for decision making.
The balance sheet at the end of the first year reported $40,000 in dividends payable and $580,000 in ending retained earnings.
The following relate to the income statement of Growth Company for the year ended 2010. What is the beginning inventory?
What are three things that the company's original costing method did not take into account?
Find the internal rate of return promised by the new machine to the nearest whole percent.
If the commission does not take action, do you think it is likely that rates will fall much in the future?
What price should you pay for the preference share if you are expecting a return of 10 per cent?
Mr. Joshua , Director of the ZION Bank has Customers all over world. A customer may have one or more accounts in the Bank wide spread across.
How does a person decide to vote on any issue that proposes to change the amount of public goods supplied by the government?
Calculate the two ratios first using ASPE and then using IFRSs. Prepare a schedule showing any adjustments to the numerator and denominator for these ratios.
State how the investment would appear on Glass's unconsolidated balance sheet prepared immediately after the purchase.
Prepare a schedule showing the distribution of net income, assuming net income is $50,000 and $36,000.
Simon, age 12, generates $800 interest income and $4,000 dividend income for 2015. He incurs no investment expenses.