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Archware Systems has total assets of $35.594 billion, total debt of $9.678 billion, and net sales of $23.370 billion. Their net profit margin for the year was 0.16, while the operating profit margin was 30 percent. What is Archwares net income?
An enterprise that holds a variable interest in a variable interest entity (vie) is required to consolidate the assets, liabilities, revenues, expenses, and noncontrolling interest of that entity if:
Define basic accounting concepts, terminology and transactions. Illustrate the accounting cycle. Describe the four types of financial statements. Explain the importance of ethics in accounting and financial decision making.
a bond that has a 1000 par value and a contract or coupon interest rate of 10.5. the bonds have a current market value
Great Falls Brewery's regular selling price for a case of beer is $15. Variable costs are $8 per case and fixed costs total $2 per case based on production of 250,000 cases.
at the beginning of year 1 kare company initiated a quality improvement program. considerable effort was expended over
astaire company uses the gross profit method to estimate inventory for monthly reporting purposes. presented below is
In 2002, Gordon purchased real estate for $900,000 and listed title to the property as "Gordon and Fawn,joint tenants with right of surviorship." Gordon predeceases Fawn in 2009 when the real estate is worth $2.9 million. Gordon and Fawn are husba..
Suggestions for improvement by convergence of US GAAP into IFRS
Zeta Co. has outstanding 100,000 shares of $100 par value cumulative preferred stock which has a dividend rate of 6%. They have not declared any cash dividends on the stock in the last 3 years.
issued preferred stock for the first time 400 shares 6percent cumulative par 100 sold for 130 per share 100000 shares
During the year, Xero, Inc., experienced increase in net fixed assets of $300,000 and had depreciation of $200,000. If operating cash flow (OCF) for the year was $700,000, compute firm's free cash flow (FCF) for the year.
a co. wants to earn a target net income of 300000 during 2011. the variable costs are expected to be 25 of sales and
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