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What is the ROI for the couch division (rounded to the nearest tenth of a percent). The following information is for two divisions at Wiley Company. Couch Division Sales and Chair Division Sales.? $6,000,000 operating income ? $560,000 operating profit margin 11.0% average operating assets $1,250,000 $4,000,000 Asset turnover 2.0%? ROI
Discuss how legitimacy is managed through reporting by the two companies (in Item 3 above) from the perspectives of Stakeholder Theory and Legitimacy Theory
What special asset does Midland’s acquisition of Shipley Wireless identify? How should Midland Telecom account for this asset after acquiring Shipley Wireless?
If Kennedy has a net loss of $1,400 cash and then liquidates, what amount of cash will the creditors receive? What amount of cash will the investors receive?
Profit performance effects for Variable manufacturing cost variance and Identify the major cause of Markley Division's unfavorable profit performance
A researcher has null hypothesised that "there is no significant difference between financial statements that are prepared under the provisions of the conceptual framework of accounting and those that are not" What do you think is the expected outcom..
How does the payment of dividends of $30,000 affect the three elements of the accounting equation?
Under what circumstances would you need a non-parametric test - When you think your sample size is too big.
Determine the simple rate of return on the new automated bottling machine.
Explain why is direct labor a poor base for allocating overhead in many companies? In what situation would it be a strong and better way to allocate overhead? What bases do you feel are the most commonly used by most large companies? Explain.
The equipment is depreciated at 10% per year.(3)Insurance expired during the year $3,500.(4)The rent revenue represents the amount received for 11 months for dining facilities. Use Rent Receivable account. The December rent has not yet been received...
Abe is an entrepreneur who likes to be actively involved in his business ventures. He is going to invest $500,000 in a business that he projects will produce a tax loss of approximately $100,000 per year in the short run. However, once consumers beco..
Archware Systems has total assets of $35.594 billion, total debt of $9.678 billion, and net sales of $23.300 billion. Their net profit margin for the year was 0.23, while the operating profit margin was 30 percent. What is Archware’s net income? (Ans..
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