Delaying payments to creditors at year end
Auditors found out that Campbell was delaying payments to creditors at year end and selling inventories as huge discounts in order to improve cash flows. Please highlight the ethical issues involved in this practice if any?
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Returning to the original situation, what is the amount of the MACRS-Class 7 depreciation taken in the third year if the machine is also sold during the third year?
What is the total sales-quantity variance in terms of the budgeted contribution margin?
In April of this year Victoria received a $1,400 refund of state income taxes that she paid last year. Last year Victoria claimed itemized deductions of $8,390
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Suppose we have a regression model of Y = ßo + ß1X + U, where E(XU) ≠ 0. Do an IV estimate of the ß1 coefficient and analyze the statistical properties of the estimated coefficient.
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What is the implication of the two-way causality to the estimated coefficients of the system of equations above? How could you find a consistent eatimate of the coefficient?
Find a short article about a company making a decision like one just covered on Incremental Analysis. Seek information that is as current as possible. Summarize the article and comment on whether you think the company made the correct decision or
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