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Question - Please answer each of the following questions in detail. Provide in-text citations and include examples whenever applicable.
1. Please explain fixed and flexible budgeting. Provide an example of budgeting for three consecutive periods in which safety margin is included for flexibility.
2. Explain statement of cash flows proforma and its significance in budgeting. Provide a hypothetical example of a statement of cash flows in a manufacturing enterprise.
Beginning raw materials 93600. Calculate ratios of each major manufacturing costs to the total manufacturing costs for the period
describe two or three reasons why inventory errors should not be ignored. Then describe the steps needed to correct these errors
In the current year, a trust has distributable net income (DNI) of $30,000. The distribution deduction of the trust is
Makita Company manufactures a fast-bonding glue. Assuming that the strikes continue for two months, what is the impact on income by closing the plant.
What is the fiscal year for which this report was filed? You need to include the month and the year. Does this company's fiscal year-end coincide
a firm reported sales of 300000 during the year and has a balance of 20000 in its accounts receivable account at
The bonds have a contract rate of 6% and were issued at 96. What is the bond interest expense on the first semi-annual interest payment date
There is a 20 percent chance EPS will be -$1.80. Calculate the expected value, standard deviation, and coefficient of variation for NN's forecasted EPS
If these are the only cash flows from this new product, what was Island's return on their investment in this product
Discuss how the company's management team can manipulate its earnings results though the adoption of different accounting methods and the obligation of accounting professionals to be transparent to shareholders.
Example of analysis could be: why would a company have a treasury stock? how that affect the financial position of a company?
on january 1 2009 elva corp. paid 750000 for 80 of fenton co. when the book value of fentons net assets was 800000.
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