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Pressure is one of the components of the fraud triangle. what types of pressures do people face that could lead to fraud? give an example of how pressure could lead to fraud.
Fully vested incentive stock options exercisable at $40 per share to obtain 28,000 shares of common stock were outstanding during a period when the average market price of the common stock was $50 and the ending market price was $50.
A Clarke Corporation subsidiary buys marketable equity securities and inventory on April 1, 2009, for 100,000 pesos each. It pays for both items on June 1, 2009
Brain Drain is about to launch a new product. Depending on the success of the new product, there are three possible outcomes for value next year-What is Brain's total value with leverage?
If the ending balance in Accounts Receivable amounted to $400, and uncollectible accounts of $200 were written off, the amount of cash inflow from customers that would appear in the operating section of the cash statement would be:
Excluding the cost of the machinery, additional operating costs are expected to be $15,000 per year. If the firm requires a minimum 12% return on its investment, what is the maximum price the company can pay for this equipment?
The parent company's share of the fair value of the net assets of a subsidiary may exceed acquisition cost. How must this excess be treated in the preparation of the consolidated financial statements? What is the reasoning that supports this treat..
Prepared a journal entry (if any) for Blaha Comapany to recorded the impairement of its goodwill at the end of 2004
Know the six steps of accounting analysis. Understand some of the key issues which are considered important for analysing firms in the biotechnology industry.
During the preparation of the bank reconciliation for New Concepts Co., Peter Fikes, the assistant controller, discovered that City National Bank incorrectly recorded a $710 check written by New Concepts Co. as $170.
What is the rate of return on common stockholders' equity if sales are $100,000, net income is $22,700, and average common stockholders' equity is $86,000?
Monterey Corporation is considering the purchase of a machine costing $52,000 with a 4-year useful life and no salvage value. Monterey uses straight-line depreciation and assumes that the annual cash inflow from the machine will be received unifor..
Give the entries required for 2011 and 2012 to account for the 2,200 contracts.
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