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Question - Tom Klein is the controller of Watson Manufacturing, Inc. He estimates that the company's break-even point is $2 million in sales dollars. However, he recently told all of the regional sales managers that sales of $3 million were needed to break even. He also told them that if the company failed to break even, the sales force would be reduced in size by 40 percent. Klein believes that his tactics will motivate the sales force to generate record profits for the upcoming year. Is his approach to motivating employees ethical? Why or why not?
What is the net income for the period and what is the net income for the period
you are at a company picnic and the company president starts a conversation with you. the president says since we use
Tony Newbern, an unmarried employee, works 48 hours in the week ended January 12. His pay rate is $12 per hour, and his wages are subject to no deductions.
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discuss what the general rules are under US GAAP (ASC 718) and under IFRS (IFRS 2) for stock options that are granted with a "repurchase feature". Be sure to include your authoritative sourrce.
if a borrower is current under the modified terms of a restructured troubled loan how should the loan be reported in
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The First National Bank received 3,000 inquiries following the latest advertisement describing its 30-month IRA accounts in the Boston World, a local newspaper.
Find jackpot payout amount for each, 1,000,000 7% for 20 years, 1,000,000 12% for 20 years, 1,000,000 7% for 25 years, 1,000,000 12% for 25 years
hci inc. understated its ending inventory by 6000 in 2006. assume hci inc. has a 25 percent income tax rate. which of
What was the book value of the equipment at December 31, 2006, the end of the fiscal year? Assuming that the equipment was sold on July 1, 2007, for $135,000, journalize the entries to record (1) depreciation.
brown jones and smith formed a partnership with brown contributing 60000 jones contributing 50000 and smith
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