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Colgate-Palmolive operates two product segments. Using the company Web site, locate segment information for the company%u2019s latest published annual report. (Hint: Go to the company Web site and look under %u201Cfor investors.%u201D From there, find the information on the %u201C10-K.%u201D Within the 10-K, find the Financial Statements and Supplemental Data and look for one of the notes to the financial statements that provides Segment Information.)Requirements1. What are the two product segments? Gather data about each segment%u2019s net sales, operating income, and identifiable assets.2. Calculate ROI for each segment.3. Which segment has the highest ROI? Explain why.4. If you were on the top management team and could allocate extra funds to only one division, which division would you choose? Why?
An adjustment to retained earnings as a result of a conversion of preferred stock to common stock most likely would occur when:
what are some ways that companies dispose of assets? what are some reasons that companies dispose
Record the Journal Entries: The President informs you that Beverly's Building Products agrees to convert the $14,000 overdue accounts receivable (invoice No. 1119) balance to a 12% note due six months from today.
Identify one major exclusion and one tax credit. Find the relevant Internal Revenue Code Section that provides for the exclusion or credit using Thomas or IRS.GOV, copy the first paragraph, including the Code Section, and paste it into your post.
Describe which net assets are included in each category. Would board-designated net assets be reported as temporary restricted net assets?
rembrandt paint company had the following income statement items for the year ended december 31 2013 in
a soft drink company has three bottling plants throughout the country. bottling occurs at the regional level because of
During 2010, the partnership sold the land for $85,000 to an unrelated third party. What amount of gain from the partnership's sale of the land should be allocated to Beth?
Post journal entries for equity transactions and closing entries
you have started a business that has now been going for a couple of years. due to the increased volume in sales you
Land was acquired for $200,000 in exchange for common stock, par $200,000, during the year; all equipment purchased was for cash. Equipment costing $20,000 was sold for $8,000; book value of the equipment was $16,000 and the loss was reported as a..
legacy issues 550000 of 9.5 four-year bonds dated january 1 2013 that pay interest semiannually on june 30 and december
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