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Question: If you are a prospective shareholder and the current market price is Euro 136 per share, would you invest in Adidas or not. Define price earning ration and show at least 2 relevant ratios which you will use to make an investment decision with formula and calculations, and provide reasoning for your decision.
For the risk of inaccurate recording of disbursements, what is the most likely internal control weakness? What is the most common cause of discrepancies in confirmation replies? Which audit assertion is met when testing accounts payable to related pa..
Last month, 3500 pounds of direct materials were purchased for $13300. The direct materials price variance for last month was
Use depreciation by linear function of use. A machine costs $30,000 and will produce 10,000 units and be sold for $6,000. Up to the end of the third year it produced 50,000 units and during the fourth year it produced 10,000 units. What is the deprec..
What is (a) the date of declaration, (b) the date of record, and (c) the date of payment? If Glenco Company were to prepare a balance sheet on January 30, 2007, how would it report the dividends (if at all)?
Assume that Rosanne Madden, CPA, is using 5% of net income before taxes, current assets, or current liabilities as her major guidelines for evaluating materiality. What qualitative factors should she also consider in deciding whether misstatement..
He obtained an advance from Dubai customs for a future project 240,000. Prepare general journal entries to record these transactions
The bonds pay interest annually on December 31. The bonds were sold at a discount of $24,578. The bond carrying value at the end of 2019 is
Discuss effect of risk and return. What would be Sunniaga's estimated cost of equity if it changed its capital structure to 50% debt and 50% equity?
Assume the expected rate of return remains the same for this stock, what would be the actual rate of return from holding this stock over the next year
Determine rogers adjusted gross income for 2019. Loss on a completely destroyed business machine. the machine had an adjusted basis of 25000
How would you design a tax system. In other words how much should different income levels pay as a percent of their income. Should the system tax income or consumption or savings?
What is the maximum size, equal withdrawal that Richard can make each month over the next 20 years to achieve a zero balance after 20 years?
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