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Question: 1. [(Role of auditor: accounting change)] Re acw the 2004) auditor's retain for Roche. disc assed rut page 25 Discuss.
a. Why knowledge of changes in accounting principles is important analysis purposes
b. Whether such changes should be highlighted in the auditor's opinion
2. [Role of auditor] Compare the role of the auditor with that of the financial stateinent preparer being audited) in preparation of the firm9;s financial statements.
3. [Sources of information] Discuss the importance to inventor of the controversy over the conditions under which companies may issue securities m foreign jurisdictions.
If a gift trust has $30,000 of net income in a given year, and such income is properly taxed to the gift trust, the trust's marginal tax rate is
Assume an option trader bought 10 July 25 calls on General Electric Co. (GE) for 1.35. If the stock closed at 28 on expiration and the option position was liquidated, calculate the dollar amount of profit or loss on the trade before commissions an..
what is the expected rate of return on a bond that matures in 8 years has a par value of 1000 a coupon rate of 12 and
One year ago, you purchased 500 shares of Best Wings, Inc. stock for $4,800. The company pays an annual dividend of $.10 per share. Today, you sold all of your shares for $7,800. What is your total percentage return on this investment? please show..
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The after-tax incremental cash flow
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Jim Short's Company makes clothing for schools. Sales in 20X1 were $4,490,000. Assets were as follows: Cash $ 110,000 Accounts receivable 864,000 Inventory 493,000 Net plant and equipment 504,000 Total assets $ 1,971,000.
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