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Positive accounting theory
Problem 1: Define Positive accounting theory. What are some critiques of positive accounting theory? What is the advantage and disadvantage of Positive accounting theory.
the brisbane manufacturing company produces a single model of a cd player. each player is sold for 204 with a resulting
last month when harrision creations sold 40000 units total sales was 300000 total variable expenses were 240000 and
When the present value analysis of a proposed investment results in an indication the proposal has a rate of return greater than the cost of capital, the investment may not be made because:
Using the full-cost pricing method, calculate out the price for a box of chocolates when: The accounts department has set 20% as the profit margin
what are the advantages of using a lifo inventory system?what are the disadvantages of using a lifo inventory system?in
Pina Company uses a periodic inventory system. Compute the April 30 inventory and the April cost of goods sold using the LIFO method
The Walker company has a 7-year project with cash flows of -$1,000 in year 0, $100 in year 1, $100 in year 2, $200 in years 3, 4, and 5, $0 in year 6, and $900 in year 7. All cash flows are year-end. Assume a cost of capital of 10%. Find the NPV ..
What are the annual limitations for defined contribution plans and how do they impact the deductibility of the contributions?What are the limitations on employe
What are deferral and accruals revenue cash of 18,000 on august1, 2007 for one year recorded translation with credit rent revenue. What should be December 31, 2007 adjusting entry
Why is it important to track investment property, plant, and equipment? Why is this important for decision making purposes?
The following items appear on the balance sheet of a company with a two-month operating cycle. Identify the proper classification of each item as follows: C if it is a current liability, L if it is a long-term liability or N if it is not a liabili..
as is often the case in financial transactions there are differences in accounting for tax purposes and accounting for
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