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IDENTIFICATION OF COMMODITY BUSINESSES.
A recent article in Fortune magazine listed the following firms among the top ten most admired companies in the United States: Dell, Southwest Airlines, Microsoft, and Johnson & Johnson. Access the websites of these four companies or read the Business section of their Form 10-K reports (https://www.sec.gov). Describe whether you would view their products or services as com- modities. Explain your reasoning.
a city engages in the following transactions seen below. for each transaction indicate the amount of revenue or
Determine the balance in the Retained Earnings account as of January 31, 2013.
Mortar Corporation acquired 80 percent ownership of Granite Company on January 1, 20X7, for $173,000. At that date, the fair value of the noncontrolling interest was $43,250.
boyles home center a retailing company has two departments bath and kitchen. the companys most recent monthly
one company buys a controllingcp interest in anither company on april1. explain how the pre-acquisiton revenues anc
the following selected transactions relate to provisions or contingencies of classical tool makers inc. which began
carolina company had the following information month budgeted sales june 68000 july 72000 august 74000 september 76000
You are going to design a database for your school outdoors club to track its activities. Would cloud computing be a useful strategy to set up the database? Describe your reasoning. If not, what would you recommend?
schuss inc. issued 3000000 of 10 10-year convertible bonds on june 1 2012 at 98 plus accrued interest. the bonds were
miller metal co. makes a single product that sells for 32 per unit. variable costs are 20.80 per unit and fixed costs
bilkins financial advisors provides accounting and finance assistance to customers in the retail business. they have 4
A machine which has a 10 year life will cost $11,000 now with annual operating costs of $500 the first year and increasing $50 per year each of the next 9 years. If the salvage value is estimated to be $2,000 at the end of the 10th year,
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