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What is decentralization? What are the pros and cons of decentralization? What about centralization?
What is a balanced scorecard? How can it help you manage a company? Are there any advantages to using one?
Ohio Golf Inc., specializes in managing and developing golf course communities in Ohio and surrounding states. In the most recent year, the company had a net operating income of $2,000,000 on sales of $10,000,000. The company's average operating assets for the year were $12,000,000 and its minimum rate of return is 15%.
Ignore the impact of income taxes in your calculation.
Compute the company's residual income for the year.
Display Labs Inc recently began production of a new product, flat panel displays, which required the investment of $1,800,000 in assets.
Prepare the report using highly technical and accounting specific language to show that you are qualified to give the presentation.
Edgemont paid cash dividend of 25,000 in 2006. No additional stock was issued. Compute the retained earnings on December 31, 2005, and 2006.
Variable costs as a percentage of sales for Leamon Inc. are 75%, current sales are $600,000, and fixed costs are $110,000. How much will operating income change if sales increase by $40,000?
Expalin how Wal-Mart could use the international bond market to finance the establishment of new outlets in foreign markets.
Prepare all journal entries in all funds and the GCA and GLTL accounts to record the following transactions and events.
Gordon uses a minium desired rate of return of 12% for selecting new projets and for evaluating the three divisions using residual income (RI). The firm's weighted-average cost of capital is 8%.
Should intangible assets always be amortized over their legal lives? Explain. What are the basic issues related to accounting for intangible assets?
Work in Process consisted of two jobs, no. 101 ($20,400) and no. 103 ($14,800). During May, direct materials requisitioned from the storeroom amounted to $96,500, and direct labor incurred totaled $114,500.
Prepare the journal entries required at December 31, 2007 and at December 31, 2008 assuming that a perpetual inventory system and the direct method of adjusting to market is used.
Red Wing Company applies factory overhead based on direct labor costs. The company incurred the following costs during 2011: direct materials costs, $637,500; direct labor costs, $2,500,000; and factory overhead costs applied, $1,000,000.
Indicate how each of the following six different transactions that Dynamic Mattress might make would affect (i) cash and (ii) net working capital:
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