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Categorize each of the following CAPITALIZED organizations as being either a revenue center, a cost center, a profit center, or an investment center. a) LonnMark Inc. operates a SATELITE PLANT that produces components for many of the company's products. The plant is operated by a plant manager who coordinates scheduling and material acquisition with the company's home office. The plant manager also is directly responsible for a labor force consisting of 350 employees. This manager controls overhead, but may not add equipment without home office approval. b) A nationally known soft drink company acquires a COAL MINING COMPANY. The decision to acquire the mining operation is strategic and is based on anticipated growth in the industry. The mining operation is run by a local management group that is independent of soft drink management. c) Black and Runyan, Inc. of Chicago owns a grain elevator and storage facility in rural Iowa. The GRAIN FACILITY is run by Dave Bailey. Dave and 22 other grain facility operators report to the senior vice president of operations, located in Chicago. Dave has day-to-day control in running the Iowa facility and routinely buys and sells grain. d) Sandra Falls is the California senior account representative for a national copier manufacturer. Sandra has overall responsibility for the 12 SHOWROOMS located in the state. Each showroom employs approximately 6 sales representatives. Sandra's representatives sell copiers, but maintenance on the copiers is provided by certified subcontractors who are coordinated through the national headquarters.
on june 30 2009 sams office supplies issued 50000 face value of 8 bonds at 106. they were five-year bonds with interest
Where is the product manufactured?
The bonds are dated January 1, 2007, and mature on January 1, 2017. Interest is payable semiannually on January 1 and July 1. Cain paid bond issue costs of $10,000. Cain should realize net cash receipts from the bond issuance of
Which reported expenses would change if these leases were capitalized and by how much? How would your assessment of the firm change in light of this change.
smooth-n-soft soaps sells bars of three soaps gentle goat milk lavendar soft and chamomile clean. the company has
1.assume you are setting standard materials costs for a pizza restaurant.use the example of a medium sized cheese
you and your friends go to a restaurant as a group. at the end of the meal the issue arised of how the bill for the
marston company sells a single product at a sales price of 50 per unit. fixed costs total 15000 per month and variable
1.it is important to remember that determining full cost is not as objective and exact a calculation as one might
you purchase a commercial building and lot for 450000 on september 2nd 2012. the lot is estimated to be worth 80000
A government expects to pay its electric bill relating to its current fiscal year sometime in the following year. An official of the government requests your advice as to whether the anticipated payment should be charged as an expenditure of the c..
walker industries has a bond outstanding with 12 years to maturity a 9 coupon paid semiannually and a 1000 par value.
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