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Problem - Norman, of Norwegian parentage, went to the Philippines for a short lecture series wherein she lectured about how to avoid bullying. The lecture series hasted for four weeks. The following details pertain to Norman's lecture series in the Philippines:
Professional fees for lecture (P80,000 a week) P320,000
Income from onsite bookselling 140,000
Travel expense incurred, with receipts 120,000
Food and accommodation expenses incurred, with 100,000 receipts
Required - How much is Norman's Philippine income tax due?
Required: During May, the company's activity was actually 240 diving-hours. Complete the flexible budget for that level of activity
Question - Tanya Williams is the new accounts manager at Southpac Bank. Discuss how the bonus program may encourage budgetary slack
Identify an organization that was involved in corporate fraud. Explain how fraud can be detected and evaluate the importance of teamwork and leadership.
Question - If a company's average collection period ratio increased from 5.6 to 8.0, what trend does that show within the company? Please explain in detail
Neil attended 11 MCA dinner meetings in 2016. Each dinner involved the following costs: $40 (fee for speaker), $25 (price of meal), and $10 (parking).
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Cash (includes $10,000 in a bond sinking fund for long-term bond payables) $50,000. What amount should Sean report as total current assets
Calculate what is the total cost of the ending inventory. Determine the total of cost of goods sold. Determine the total product cost for the year.
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