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Discussion 1: examined budgeting and the process of preparing the master budget which leads to the preparation of pro-forma financial statements. For this discussion, you are to use BSU and locate an academic journal article related to budgeting that you find interesting. In your opening post, you are to: prepare a synopsis of the article, discuss its main points, why you feel the article is relevant, and relate the article to your business and/or how the article relates to business practice given your level of experience.
Attachment:- budget.rar
Patnode's 2005 statement of cash flows contains four items in the financing section. Three of them are: Short-term debt issued, $15,000; Short-term debt paid, ($10,000) and Dividends paid, ($1,000). What is the fourth item in the financing section..
Why is depreciation for income tax purposes an important concern of taxpayers and how does tax depreciation differ from financial accounting depreciation?
Hillard manufacturing sold an issue of bonds with a 10-year maturity, a $1000 par value, a 10% coupon rate, and semiannual interest payments. Two years after bonds were issued the going rate of interest on bonds fell to 6%. At what price would the..
For the model of the EUR/GBP exchange rate discussed in Exercise 25, what would the cutoff rates be that would separate the a) highest 16% of EUR/GBP rates?
Tests of Controls Related to Controls and Assertions. Each of the following tests of controls could be performed during the audit of the controls.
Dresser Company uses a standard cost system and sets predetermined overhead rates on the basis of direct labor-hours. The following data are taken from the company's budget for the current year: Prepare an analysis of the variance for material and ..
a company is planning to introduce a new portable tv to its existing product line. management must decide whether to
Salter Inc.'s unit selling price is $50, the unit variable costs are $35, fixed costs are $125,000, and current sales are 10,000 units. How much will operating income change if sales increase by 5,000 units?
Prepare the journal entries that Kramer Corporation should record for these transactions and events. Please show me the calculations.
Prepare the entry to record the purchase of Terrell Galleries on Graf's books
C-Cell Wireless needed additional capital to? expand, so the business incorporated. The charter from the state of Georgia authorizes C- Cell to issue 50,000 shares of 7%?,?$100 par value cumulative preferred? stock, 120,000 shares of? $3 par value..
Mimi Bobeck is a senior loan officer with Citybank in Cleveland, Ohio. Bobeck has both corporate and personal lending customers. On average, the profit contribution margin or interest rate spread is 1.5% on corporate loans and 2% on personal loans..
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