The fasb was influenced by feedback from interested parties
The FASB was influenced by feedback from interested parties when pension accounting rules were developed. Please cite one example of this occurrence. and provide your opionion as the FASB's decision.
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The Green Giant has a 5 percent profit margin and a 41 percent dividend payout ratio. The total asset turnover is 1.6 and the equity multiplier is 1.4. What is the sustainable rate of growth?
A firm has a retention ratio of 40 percent and a sustainable growth rate of 7.60 percent. The capital intensity ratio is 1.46 and the debt-equity ratio is .75. What is the profit margin?
Birch Company normally produces and sells 37,000 units of RG-6 each month. RG-6 is a small electrical relay used as a component part in the automotive industry.
Wagner Industrial Motors, which is currently operating at full capacity, has sales of $2,320, current assets of $660, current liabilities of $350, net fixed assets of $1,510, and a 5 percent profit margin.
An employer provides all of his employees with life insurance protection equal to twice the employee's annual salary. Melba, who is 45, has an annual salary of $60,000.
Refer to BTN 19-3 of the course text. FDP Company produces a variety of home security products. Gary Price, the company's president, is concerned with the fourth quarter market demand for the company's products.
A review of the ledger of Terrell Company at December 31, 2012, produces these data pertaining to the preparation of annual adjusting entries.
Tax services revenue $ 50,000 Interest revenue 200 Dividend revenue 50 Total revenues $ 50,250 Expenses: Salaries expense $ 30,000 Office expense 8,000 Rent expense 7,000 Income tax expense 1,575 Total expenses 46,575 Net Income $ 3,675
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