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Two brother, both of whom are certified public accountant's (cpas), form a professional association to provide tax- accounting services to the public. They also agree in writing, that any disputes that arise between them over matters concerning the association will be submitted to an independent arbitrator, whom they designate to be their father, who is also a CPA. A dispute arises, and the matter is submitted to the father for arbitration. During the course of arbitration, which occurs over several weeks, the father asks he older brother, who is visiting on evening, to explain a certain entry in the others association accounts. The younger brother learns of the discussion at the next meeting for arbitration. He says nothing about it, however. The arbitration is concluded in favor of the older brother, who seeks a court order compelling g the younger brother to comply with the award. The younger brother seeks to set aside the award, claiming that the arbitration process was tainted by bias because "Dad always liked my older brother best." The younger brother also seeks to have a the award set aside on the basis of improper conduct in that matters subject to arbitration we discussed between the father and older brother without the younger brothers being present. Should a court confirm the award or set it aside? Why or why not?
Find the pressure rise and efficiency as a function of the flow rate per unit depth.
Calculate the base-case cash flow and NPV. What is the sensitivity of NPV to changes in the sales figure? Explain what your answer tells you about a 500-unit decrease in projected sales.
Make a common size income statement for Dreamscape, Corporation for the year ended December 31, 2005. Evaluate the company's performance against industry average ratios and against last year's results.
Prepare the necessary adjusting entries at December 31 for each of the above items. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
Determine the single greatest challenge to a small business' working capital. Identify at least two methods this small business could use to address the identified challenge.
FIN 534- What are the total return, the current yield, and the capital gains yield for the discount bond in Question #3 at $887.00? At $1,134.20? (Assume the bond is held to maturity and the company does not default on the bond.)
Computing times-interest-earned ratio The following financial information was obtained from the year ended 2016 income statements for Johnson Automotive.
assuming the capm applies if the markets expected return is 13 percent the risk-free rate is 8 percent and stock as
On January 1, 2012, White Water issues $500,000 of 6% bonds, due in 20 years, with interest payable annually on December 31 each year.
Preparing a statement of retained earnings Tinder, Inc. had beginning retained earnings of $90,000 on January 1, 2016.
Banks earn money by borrowing from depositors at low interest rates and lending to individuals and businesses at high interest rates. As banks grow, they split into functional divisions that either generate deposits or make loans. To measure the p..
The current portfolio of investments that Ann has her money set up in within the U.S. yields a return of 6%. Both yields are annual. The 1-year futures rate of exchange for USD/PD is 1.25USD/1PD.-Should Ann invest her company's money in the U.S. f..
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