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Assume St. Anthony's total asset turnover is 2.5 and the industry median is 1.9. Which of the following conclusions can St. Anthony's managers draw with certainty? A) St. Anthony's is using its assets more productively than competitors in the industry are. B) St. Anthony's assets are older than the assets of competitors in the industry. C) St. Anthony's generates more revenue than competitors in the industry do. D) All of the above conclusions can be drawn with certainty. E) None of the above conclusions can be drawn with certainty.
what is the Investment in Rambis account balance on Herbert's books on January 1, 2013 - initial value or partial equity method for internal accounting purposes?
questiongeorge large worked as a salesman for toyboat inc. he received a salary of 80000 8500 of federal income taxes
What entry must Sam's Painting Service make on December 31 before financial statements are prepared?
Nadal declared and paid a cash dividend of $36,000. On December 31, Nadal reported a net income of $85,000 for the year. Create all necessary journal entries in 2010 for both situations.
question 1. on 1st july 2012 the crocus company started construction of a new manufacturing plant. the plant was
Explain how Magrath should account for and report the accounts receivable factored on April 3, 2007. Why is this accounting treatment appropriate?
Evaluate, measure, value and present financial statements in conformity with GAAP relating to assets and assess financial accounting standards as they relate to presentation and disclosure in general purpose financial statements
What is the incremental income (loss) and revenue associated with accepting the special order?
Under its executive stock option plan, National Corporation granted options on January 1, 2013, that permit executives to purchase 20 million of the company’s $1 par common shares within the next seven years, but not before December 31, 2016 (the ves..
Determine the earnings per share for 2012 and 2011 and does the change in the earnings per share from 2011 to 2012 indicate a favorable or an unfavorable trend?
Incorporate changes where possible to avoid similar situations in the future.
Outline the facts of the Centro (ASIC v. Healy) case and explain why ASIC took action against the six Centro non-executive directors. In your answer briefly discuss the role and responsibilities of nonexecutive directors. (1000 word maximum)
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