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Alexander Bruce and Jonathon Wayne are managers of two product lines for Gotham incorporated. One of them is a candidate for promotion based on performance. Using the following data:
a. Calculate the residual income( assume a target income of 10% return on assets) and the investment center return on assets.
b. Indicate which manager should be recommended for promotion and why?
Discuss the importance of making short term and long term financial decisions. Which is more important for the firms?
If the yield on the Standard & Poor'sPreferred Stock Index declines, how will the price of the preferred stock be affected?
George plans to sell his customers a special for a ski package weekend. He is able to purchase the package from the providers for $175 each. The ticket packages will be sold for $225 each and the ski resort and lodging facilities intend to reimbur..
the total of the individual customer account balances should equal the balance in accounts receivable which is
a. Calculate the direct materials price variance for May. b. Calculate the direct materials quantity variance for May. c. Calculate the direct labor wage rate variance for May. d. Calculate the direct labor efficiency variance for May.
leon plans to save 300 per month at the end of each month for retirement. he has 27 years to save for retirement. at an
Write an article arguing this position. You may or may not agree with this proposition. However, based upon the materials covered in this course and the discussions that have occurred in the TDAs, you should be able to articulate a cogent, persuas..
What are the advantages of acquiring the majority of the voting shares of another company rather than acquiring all of its voting stock?
for the past several years shane banovich has operated a part-time consulting business from his home. as of october
Paul Jeter is a junior member of an audit team and his team is debating the impact of the client's right of return policy both on inventory valuation and revenue recognition.
What is the remaining obligation on January 1, 2010 afterthe first payment has been made?
Martin, Inc., has two products: a pocket metronome (unit sales price, $25; unit variable cost, $15) and a pocket tuner (unit sales price, $14; unit variable cost,$9). the company's sales mix of the pocket metronome to the pocket tuner is 4:1 and fixe..
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