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Problem 1: Is training employees in their normal functions important to internal control? Why or why not? Think like a manager or owner of the company when you answer this question. Also mention why is it important that the employee knows about internal control and securities. Do you want to hide the video camera or let him know where it is and that he is being watched?
The Pension Trust Fund maintained by the City of Linden had the following transactions during 2012. Record each transaction in the Pension Trust Fund. Ignore any other funds that may be involved in a transaction.
During a recent period, the fast-food chain Wendy's International purchased many treasury shares. This caused the number of shares outstanding to fall.
A small heath food manufacturer produces two main types of granola treats. Changing production from one type to the other costs $300. What is the optimal production batch size for Tropical-Granola
Assume that the capital markets are perfect. Suppose that KL has zero-coupon debt with $55 million due next year. Compute the value of debt of KL
Dubois inc wishes to accumulate $1,300,000 by dec 31, 2020 to retire bonds outstanding. the company deposits $200,000 on december 31, 2010, which will earn interest 10% compounded quarterly, to help in the retirement of this debt.
The cost of placing an order with the supplier is $175. Assume an interest rate of 5% and a lag time of 5 days. What is the economic order quantity
The estimated useful life is 5 years and the company uses the straight-line method. What is the depreciation expense for the year ended December 31
On June 1, Aaron Company purchased equipment at a cost of $120,000, Using straight-line depreciation, calculate depreciation expense for the final year
Discussion- Which of the required financial statements explains the difference between two balance sheet dates?
Did Vallejos net income as a percent of sales increase, decrease, or remain unchanged over the 3-year period? Provide numerical support for your answer.
Determine What total value assigned to new piece of equipment? The new piece of equipment is expected to 10 year life and salvage value of $15,000.
Should you use the median or mean to describe a data set if the data are not skewed? Are the standard deviation or the interquartile range factors?
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