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Question: Assmat recently reported earnings before interest and taxes of P5.50 million, depreciation of P2.40 million, and had a tax rate of 30%. The firm's expenditures on noncurrent assets amounts to P0.90 million and net operating working capital of P0.30 million. How much was its free cash flow, in millions?
Florenda Quino Forwarders borrowed P600,000 from the bank on Sept 1, 2011. What was the amount of interest expense paid in cash in 2011?
How does the reporting relationships in the organization hinder fraud investigation? How did you evaluate the key players' performance?
XYZ sold goods with a cost of $800,000 to Water for $1,000,000, and Surfung still owned 28% of the goods at year-end. Compute the consolidated sales
A company purchased land for $80,000 cash. Real estate brokers' commission was $5,000 and $7,000 was spent for demolishing an old building on the land before construction of a new building could start. Under the cost principle, the cost of land wo..
On January 1, 2019, Whitmore Corp Issues $600,000 of 9% 15 year bonds that pay interest annually on December 31st each year. Bonds of similar risk and maturity.
If so, come up with a plausible explanation for the difference. What evidence could you gather to verify the explanation.
Briefly describe the primary principle (if any) which breaches the underpinnings of the practice of auditing
The president believes that a $7,700 increase in the monthly advertising budget, combined witha n intensified effort by the sales staff, will result in an $69,000 increase in monthly sales. If the president is right, by how much will the company's..
the inventory at june 1 and costs charged to work in process -department 60 during june are as follows3600 units 70
on january 1 20x7 clyde county issued 100 million of 520-year bonds at 102. interest is payable semiannually.
insides an interior decorating firm uses a job order costing system and applies overhead to jobs using a predetermined
The company has heard about an assurance service- Will SysTrust help the board in this situation? What special skills are needed to provide the engagement?
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