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1. News Corporation is one of the world's largest entertainment companies that includes Twentieth Century Fox films, Fox Broadcasting, Fox News, the FX, and various satellite, cable, and publishing properties. The company provided revenue disclosures by its major product segments in the notes to its financial statements as follows
a. Provide a vertical analysis of the product segment revenues.
b. Are the revenues of News Corporation diversified or concentrated within a product segment?Explain.
Why do auditors have to consider the internal controls of the organization? What are some key elements of internal control? Which are the most important? How will the auditor have to modify the audit program if the internal controls are deemed ina..
If the contribution margin ratio for Ernie Company is 40%, sales were $750,000, and fixed costs were 225,000, what was the income from operations?
Assess Internal Control Environment. Using the COSO criteria for assessing the internal control environment (Illustration 7.4) describe a company with an effective control environment.
At the end of the current year, Pociek Co. has prior service cost of $9,150,000. Where should the prior service cost be reported on the balance sheet?
davies nursery plans to sell 160 potted plants during april and 120 units in may. davies nursery keeps 15 of the next
Persuade a hypothetical senior manager that reluctant to fund and accept formal project management processes. Provide your strongest two or three supporting pieces of evidence in your answer.
pretend you are the cfo of a manufacturing company with ten product lines. the president of your company has asked you
Determine the annual after tax interest cost for each company as a percentage of the face value of thebonds
imagine that youre the owner of a thriving high-end blue jean manufacturer. demand for your jeans is growing at
After its acquisition, Purple will distribute $50 million in cash and marketable securities to White. Due to the 100% dividends received deduction, no taxable income results to White from the dividend. White then will resell Purple for $150 millio..
Ken Cascioli and Bill Ryder ( see E15- 10 and E15- 11) want to know the net income for their first month activities. Post the journal entries prepared for E15- 10 and E15- 11 to general ledger T accounts and prepare a trial balance.
from the first case study explain whether you consider what they did morally permissible or impermissible. determine
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