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You are group financial accountant of a diverse group of companies. The board of direc- tors has instructed you to exclude from the consolidated financial statements the results of some loss-making subsidiaries as they believe inclusion will distort the performance of other more profitable subsidiaries.
You are required to write a memorandum to the board of directors explaining the circumstances when a subsidiary can be excluded and the accounting treatment of such excluded subsidiaries.
the adam division produces a component that is used by the west division. the cost of manufacturing the component is as
Performance Management Software Articles
In the current year, Louise invests $50,000 for a 10% interest in a passive activity. Her share of the loss this year is $10,000. If this is her only passive activity, the $10,000 loss is suspended for use in a future year.
Why is budgeting important for a company? What are some reasons that a company would not prepare a budget?
Using the data given, prepare an investment opportunities schedule (IOS). Which projects does the IOS suggest should be funded? Does this group of projects maximize NPV? Explain.
the records of thomes boutique report the following data for the month of april.sales 204000
alabama paper company manufactures three products in a continuous production process. senior management has asked the
mercedes brow starts a merchandising business on december 1 and enters into three inventory purchases december 7 10
on june 30 2010 superfast shoes issued 200000 worth of 15-year 9 bonds when the market rate was 10. proceeds were
Determine the key aspects of culture that impact leadership behaviors, attributes, and other cross-cultural organizational practices that are generally accepted and effective. Provide a rationale for your response.
Sampson Company's accounting records show the following for the year ending on December 31, 2010.
jessie james is a store manager of sheplers shoe emporium in san antonio texas. jessies salaried earnings through
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