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Fred,an executive of a British corporation specialising in management consultancy,comes to Australia to set up a branch of his company. Although the length ofhis stay is not certain, he leases a residence in Melbourne for 12 months. Hiswife accompanies him on the trip but his teenage sons, having just commencedcollege, stay in London. Fred rents out the family home. Apart from the absenceof his children, Fred's daily behaviour is relatively similar to his behaviourbefore entering Australia. As well as the rent on the UK property, Fred earnsinterest from investments he has in France. Because of ill health Fred returnsto the UK 11 months after arriving in Australia. Discuss residency and sourceissues.
norr and caylor established a partnership on january 1 2010. norr invested cash of 100000 and caylor invested 30000 in
For the fourth quarter, by month and total (October -December), prepare a Sales Budget, a Production Budget, and a Direct Labor Budget in good form
Each group is to analyse how this type of pricing may affect consumers in the short-term and the long term - Discuss how and why you believe this would give additional utility to consumers and also bring more competition to the market.
Determine the amount of dividends payable to preferred shareholders and to common shareholders under each of the following two assumptions regarding the characteristics of the preferred stock.
1. holey foods has a piece of equipment that it bought on january 1 2011 for 48000 which it sells to an equipment
You have just obtained financial information for the past 2 years for Powell Panther Corporation. Answer the following questions.
dickinson inc uses a balanced scorecard. one of the measures on the scorecard is the percentage of revenue from repeat
At a normal volume of 250 000 frames per year, production costs per frame are as follows: Explain whether the Frame Division Manager should accept the offer
a person deposits 2485 at the beginning of each semiannual period for 9 years into an account paying 5 compounded
Paul and Ray sell musical instruments through their partnership. To bring in additional funds and expertise, they decide to admit Janet to the partnership. Paul's capital is $400,000, Ray's capital is $200,000, and they share income in a ratio of ..
Identify and discuss why the above situation represents a risk. By applying auditing knowledge, identify the main account or group of accounts affected by this risk in the audit plan
1. which gaap requires the use of depreciation for assets that have useful lives beyond 1 year? explain why this
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