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Problem 1: During the preparation of a bank reconciliation, the assistant controller discovered that the Bank incorrectly recorded a $3290 check as $329. The controller has decided not to notify the bank but wait for the bank to detect the error. The controller plans to record the $2961 error as "Other Income" if the Bank fails to detect the error within the next three months. Please discuss whether the controller is behaving in an ethical manner.
Problem 2: How are cash equivalents reported in the financial statements? Please list two examples of cash equivalents.
Determine the manufacturing cycle efficiency (MCE) for each layout (i.e., for each of the two decision alternatives). Determine the manufacturing lead time
What is the company nonoperating return? The 2016 balance sheet of The New York Times Company shows net operating profit margin (NOPM)
Explain in detail your findings and recommendations using the appropriate indicators from your analysis
Calculate the production volume variance for each capacity level assuming this year's production was 220,000 bulbs. Calculate the product cost
kindly include references where required apa
Put together a report showing the activity variances for each of the expenses and for total expenses for July. Label each variance as favorable
The firm can borrow at 8 percent and has a tax rate of 21 percent. What is the Year 0 incremental cash flow from leasing instead of buying?
Determine the cost of the goods is transferred to which account when goods are completed? finished goods inventory to cost of goods sold
Assuming that the strikes continue for two months, compute the increase or decrease in income from closing the plant. Would recommend that Nicholas Company
Sanchez LTD. Provide the following data for 2016 and 2017: Cost of Goods Sold 2016 $1,172,000. Calculate the inventory turnover ratio for 2016 and 2017
The standard allowance is 20 units of 'R' per hour. What is the time saved by this employee in Week 6 on 'R' production
The cost of the merchandise sold was $18,500. Journalize the March transactions using the gross method of recording sales discounts
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