Accounting-contingency
Problem: What is one contingency that would concern an auditor and how would the auditor become aware of this contingency?
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In addition, a regression analyst indicates the following relationship between growth in sales per share for MacLog and GDP growth is: % change sales per share= 0.015+ 0.75 (%change GDP) Calculate the firm EPS for 2004
Which product will be undercosted and which will be overcosted with the one-cost-pool system? Support your answer with appropriate calculations.
The firm currently has no other deposits in the bank. Evaluate the proposed zero-balance account, and make a recommendation to the firm, assuming that it has a 12% opportunity cost.
Prepare the Operating Activities section of the Statement of Cash Flows using the indirect method.
Q1. What is the rationale that would lead to a desire to speed production in the face of increasing costs and declining productivity?
Over the next three months, Rust's budgeted production without the Energen order is 70% of the plant machine capacity of 50,000 units per month. Is it in Rust's best interest to accept the Energen desk order? Please show calculations.
State the purposes of national income accounting. List the components of GDP in the output (expenditures) approach and in the income approach.
Mary and Peter formed a new corporation MP, INC on February 8, 2010 and did not elect Subchapter S. On December 20, 2010, they come to you and ask if an S corporation makes sense for them. MP Inc, earned $100,000 during 2010. Discuss the tax impli
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