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Discussion :
Question 1: Discuss Three ways in which information system are transforming business.
bull porter corporation reported the following transactions for 2011 1. sold equipment for 7000. the original cost was
What was ending inventory and cost of goods sold on 12/31 under the FIFO cost flow assumption? What was ending inventory and cost of goods sold on 12/31 under the LIFO cost flow assumption?
XYZ Company's net operating profit before taxes is $180 million. The tax rate is 30%. XYZ's total assets (invested capital) are $1,000 million, and current liabilities are $100 million. Compute the economic value added (EVA)
All sales are made on terms of 2/10, n/30 (2% discount if paid in 10 days, full amount by 30 days); Compute estimated cash collections on accounts receivable
buckhorn corporation bases its predetermined overhead rate on the estimated machine hours for the upcoming year. data
The Eastern Division sells goods internally to the western division of the same company. The quoted external price in industry publications from a supplier near Eastern is $200 per ton plus transportation.
kimbeth manufacturing uses process costing to control costs in the manufacture of dust sensors for the mining industry.
Sigma Corporation applies overhead cost to jobs on the basis of direct labor cost. Calculate overhead cost to be added to Job W at year-end.
Richmond industries has sales of 1125 units per month at a selling price of 500. Variable expenses are 150 per unit and fixed expenses are 167,000.
Explain how companies are required to assign each category of securities into its current and noncurrent portions.
iacollia company makes two products from a common input. joint processing costs up to the split-off point total 47300 a
glass doctor company manufactures sunglasses. following is a list of costs the company incurred during may. use the
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