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Question - White Bolder Investments (WBI)
You are an intern working for WBI, a large investment advisory services in Sydney. Among other regular customers, WBI has been providing advisory services for Jumbo Bank (JB) and Ombrelloni Felici (OF).
For the sake of simplicity, this assignment does not consider taxes and other fees. You might have to use information from previous questions for answering information for following questions and whenever possible support your arguments with your calculations.
One of your LinkedIn contacts who poses himself as an entrepreneur and is starting a trendy business shirt venture has offered you a one chance in a lifetime of becoming his partner in this new incredible venture. The entrepreneur has offered you a partnership in this venture under the condition you share with him the WBI employees and customers contact list. The entrepreneur has guaranteed you a commission for any WBI employee or customer who buys one of the trendy business shirts.
Required - Please state one of the ethical standards, as provided by the Institute of Management Accountants (IMA) Statement of Ethical Professional Practice1, which would be jeopardized if you accept the business offer and justify why this standard is being jeopardized (there might be more than one ethical standard being jeopardized but only one is required for this question). Please elaborate on how the business offer could be accepted without jeopardizing any ethical standard.
Muriel, age 70 and single, is claimed as a dependent on her daughter's tax return. During 2009, she had interest income of $2,400 and $800 of earned income from babysitting. Muriel's taxable income is what?
Carlson, Inc. prepared a 2014 budget for 125,000 units of product. Actual production in 2014 was 130,000 units. To be most useful, what amounts should a performance report for this company compare?
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At December 1, 2010, Orear Company's Accounts Receivable balance was $1,200. During December, Orear had credit sales of $5,000 and collected accounts receivable of $4,000. At December 31, 2010, the Accounts Receivable balance is ??
On 12/14/2016, Willies' Groceries makes total credit card sales for $1400 with a finance company-issued credit card, Prepare the journal to record the sale
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superior coop uses a standard cost system to account for the costs of its one product. variable overhead is applied
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Determine the internal rate of return for each project. If Summer Company's required rate of return is 11%, which projects are acceptable
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