Discuss why it is necessary for accountants
Discuss why it is necessary for accountants to assume that an economic entity will remain a going concern. If an entity was perceived to be short term, what effect would that have on the accounting system?
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Investor A buys 100 shares of SLM Inc. at $35 a share and holds the stock for a year. If they both sell the stock for $40 after a year, what percentage return does each investor earn?
Allocate indirect costs to the three divisions using each of the three allocation bases suggested. For each allocation base, calculate division operating margins after allocations in dollars and as a percentage of revenues.
OatEaters Corporation bonds are currently priced at $953.77.They have a par value of $1,000 and 6 years to maturity. They pay an annual coupon rate of 7%. What is the yield to maturity on this bond?
Miller Engine Research is expanding its research and production capacity to introduce a new line of fuel technology for car engines. Current plants call for the expenditure of $100 million on four projects of equal size,.
Gordon Company sponsors a defined benefit pension plan. The following information related to the pension plan is available for 2012 and 2013.
A company with a break-even point at $900,000 in sales revenue and had fixed costs of $225,000. When actual sales were $1,000,000 variable costs were $750,000. Determine the margin of safety expressed in dollars?
Company A reported the following balance sheet data for the most recent three years. Prepare the Asset section of a common-size balance sheet for each year.
Selling hotdogs. During a typical month, the stand reports a profit of $9,000 with sales of $50,000, fixed costs of $21,000 and variable costs of $0.64 per hot dog.
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In our readings, we learn more about the nature versus nurture argument. For this discussion, I want you to go in depth a bit more and debate the importance
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