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1. Discuss whether or not the current reporting and disclosure requirements for publicly traded companies are sufficient to inform investor and stakeholders about the company's performance.
2. Discuss whether or not these requirements help or hurt a business competing in a global business environment.
Your assignment must follow these formatting requirements
Compute the dollar amount of ending inventory and profit using absorption costing. Compute the dollar amount of ending inventory and profit using variable costing.
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Allantis Machining experienced the following events during 2013: 1. Started operations by acquiring $100,000 of cash from the issue of common stock. 2. Paid $12,000 cash in advance for rent during the period from February 1, 2013, to February 1, 2014..
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