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Wares is a division of a major corp. The following data are for the latest year of operations:
Sales $30,000,000Net Operating Income $1,170,000Average Operating Assets $8,000,000The Company's minimum required rate of return 18%
Required:
A) What is the division's margin?
B) What is the division's turnover?
C) What is the division's return on investment (ROI)?
D) What is the division's residual Income?
Concerning the government-wide statement of net assets, describe what information is included in the governmental activites column, the business type activities column, and the column for the total primary government.
An alumnus donates securities to St. Aloysius College, a private college, and stipulates that the principal be held in perpetuity and income from the securities be used for faculty travel. Dividends received from the securities should be recognize..
A purchasing agent makes a purchase and when the item is shipped it is delayed. Which department bears the cost of time lost in the plant due to the delay in shipment and should the plant manager be responsible?
Based on your readings and review of utilitarianism, categorical imperative, veil of ignorance and Aristotles Golden Mean, write a 3-4 page paper, double-spaced, applying each of the philosophies to the following ethical scenario using the IRAC me..
If sales for April, May, and June were $60,000, $80,000, and $70,000, recpectively, what were the firm's budgeted collections for June?
let's talk about the accounting issues related to valuation of accounts receivable and why they are important. Please include the methods for estimating the allowance for bad debt expense in your discussion. How is the allowance account related to..
TD Industries has a piece of equipment that has a cost of $400,000. The equipment has accumulated depreciation of $305,000.
Classify each of these items as an asset (A), liability (L), or stockholders' equity (SE)., True/False Questions
how much would this action save Antonella in today's tax dollars? If Antonella's tax rate increased to 32% next year, would receiving the bonus in January still be advantageous?
Assuming Marten Co. has a portfolio of Available-for-Sale Debt Securities, what should Marten Co. report as a gain or loss on the bonds?
Using the above information for ABC co., prepare a pension work sheet for 2008. Indicate (credit) entries by parentheses. Calculated amounts should be supported. Prepare the journal entries to reflect the accounting for the company's pension plan f..
The machine would reduce labor and other costs by $67,000 per year. The company requires a minimum pretax return of 15% on all investment projects. The net present value of the proposed project is closest to:
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