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Is accumulated depreciation calculated as capital expenditures for free cash flow ratio? my cash flow statement has capital expenditures of a bldg, land and equipment. It also has accumulated depreciation. In calculating the ration should i pick up the accumulated depreciation with the land, bldg and equip?
Last year, Ragan had an EPS of $5.35 and paid a dividend to Carrington and Genevieve of $320,000 each. The company also had a return on equity of 21 percent. Larissa tells Dan that a required return for Ragan of 18 percent is appropriate. Assuming th..
The company wishes to have 10% of the next month’s sales on hand at the end of each month. Budgeted production for November is:
When Alonzo acquired the patents, their fair market values were: Patent AA: $20,000; Patent BB: $240,000; and Patent CC: $60,000. At what amount should Alonzo record Patent BB?
Sound internal control practice dictates that cash disbursements should be made by check, unless the disbursement is very small. Petty cash can be substituted for a checking account to expedite the payment of all disbursements.
Smith-Kline Company maintains inventory records at selling prices as well as at cost.
Simpson is a single individual under 65 who is employed full-time by Duff Corporation. This year Simpson reports AGI of $52,000 and has incurred the following medical expenses: Dentist charges $ 1,740 Physician's charges 2,190 Optical charges 515 Cos..
With reference to the above statement describe what you understand by the accounting concepts mentioned and provide examples from your selected annual report
The concept of relevance is critical to properly applying managerial accounting tools. As a practical matter, it is easier to understand than it is to apply. Think back on your own experiences, and discuss an instance where you failed to properly ..
analysis of various methods of inventory system and its effect on ending inventory and cost of goods sold.glanville
What is the budgeted production budget (in units) given the following information: Show your work and label accounts. Beginning inventory is 2,000 units. Selling price per unit is $35. Anticipated sales for the quarter are 21,200 units. Variable cost..
Olive corp currently makes 20,000 sub components a year in one of its factories. the unit costs produced are: An outside supplier has offered to provide olive corp with the 20,000 subcom. at a $36 per unit price. Fixed overhead is not avoidable. What..
Grandolfo Corporation uses an activity-based costing system with three activity cost pools.
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