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Contract was for 160,000 the engineers did extra work that put the company 16,000 over budget they are billed through 12/31, they have to show a 6,000 favorable variance for the industrial engineers report. What should the company do? Explain
compute the roi for a company - sales-420000 operating assets-250000 net operating income-50000 and net plant
In the current year, Crow Corporation, a closely held C corporation that is not a personal service corporation, has $100,000 of passive losses, $80,000 of active business income, and $20,000 of portfolio income. How much of the passive loss may Cr..
smith company needs 1000 units of a certain part for its manufacturing process. it can buy the part from jones company
Using the activity-based costing approach, determine the overhead cost per unit for each product.
Day Company purchased a patent on January 1, 2010 for $360,000. The patent had a remaining useful life of 10 year at that date. In January of 2011, Day successfully defends the patent at a cost of $162,000, extending the patent's life to 12/31/22...
1.-prepaid insurance had a balance of 1000 on the companys dec 31 2011 balance sheet. on june 1 2012 the company paid
When preparing a statement of cash flows (indirect method), which of the following is not an adjustment to reconcile net income to net cash provided by operating activities?
a company has the choice of either selling 1000 defective units as scrap or rebuilding them. the company could sell the
Prepare a realistic flexible budget for next year for the McDonald's Corporation using economic and company trends. Use three different growth rates (low, average and high) for sales and adjust the expenses based on whether you assume that they v..
In a recent annual report, Apple Computer reported the following in one of its disclosure notes: "Warranty Expense: The Company provides currently for the estimated cost for product warranties at the time the related revenue is recognized." This n..
1.a corporation may purchase treasury stock for all of the following reasons except a. to support the market price of
From the standpoint of financial management of a government, state what objectives are served by preparation of budgets on the same basis as financial statements
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