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Depreciation methods.Mike Davis Enterprises purchased a delivery van for $40,000 in January 20X7. The van was estimated to have a service life of 5 years and a residual value of $6,000. The company is planning to drive the van 20,000 miles annually. Compute depreciation expense for 20X8 by using each of the following methods:
a. Units-of-output, assuming 17,000 miles were driven during 20X8
b. Straight-line
c. Double-declining-balance
Conduct a three factor DuPont analysis for Starbucks and Dunkin' Donuts for 2011 and 2012 end-of-year results. Use the information from financial statements in the 2012 annual reports.
Determine the amount of manufacturing overhead that would have been applied to units of product during the period.
Debt outstanding
Evaluate the impact to a business when compensation, such as sales commissions and bonus, are tied to achieving budgeted expectations. Suggest how management can prevent employees from manipulating results.
A complete strengths, weaknesses, opportunities, and threats (SWOT) analysis (including at least 5 factors from each category and full explanations of why each factor is important and why it was placed in the category) of the environment that ..
During the year, additional common stock was issued for $8,000, and $5,000 of dividends was paid. The net assets at January 1, 2010, amounted to:
Which statement is FALSE concerning "management by the numbers" for control of the organization?
during 2004 xyz company recorded salaries expense of 85000. thesalaries payable account at january 1st had a balance of
Inventory is the most important asset for many merchandising companies. How are merchandising inventories accounted for under U.S. GAAP?
A company issues $20,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2007. Interest is paid on June 30 and December 31. The proceeds from the bonds are $19,604,145. Using effective-interest amortization, how much interest expense will be re..
roxie company has 17500 units of its sole product that it produced last year at a cost of 45 each. this years model is
Distinguish between job costing and process costing. Describe the difficulties associated with each type. What can companies do in order to price products competitively and avoid some of these difficulties?
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