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Ramsey Automotive Ltd. had sales of $2,000,000 and net operating income of $600,000 last year. Operating assets last year averaged $1,000,000. The Company's manager is considering the purchase of a new machine which is expected to increase average operating assets by 6%. Required: Calculate the company's new ROI if the new machine is purchases.
The Fistman Company reports net income of $42,000. Interest allowances are Stewart $4,500 and Bliss $7,500; partner salary allowances are Stewart $27,000 and Bliss $15,000 and the remainder is shared equally.
What should be the amount of the unamortized bond discount on April 1, 2011 relating to the bonds converted?
How would financial managers at Trebor Pharmaceutical, a drug manufacturer, use discounted-cash-flow models in their decision-making process? Be sure to address the impact not replacing the equipment has on future operating cash flows used in the ..
the jung corporations budget calls for the following productionquarter 1 45000 unitsquarter 2 38000 unitsquarter 3
research paper on job costing including its ethical issues misstating completion charging costs to the wrong jobswrite
How does an audit performed using CobiT methodology differ from an audit that doesn't?
dexter company has been approached by a new customer with an offer to purchased 1400 units of dexters products at a
Wheeler Corporation had retained earnings of December 31, 2008 of $ 12 million. During 2009, Wheeler's net income was $ 4 million. The retained earnings balance at the end of 2009 was equal to $ 13 million. Therefore, _________
A company changes from straight-line to an accelerated method of calculating depreciation, which will be similar to the method used for tax purposes. The entry to record this change should include a:
Determine the (a) current ratio, and (b) quick ratio. Round your answer to one digit after the decimal.
Calculate the value of the inventory under both IFRS and US GAAP.
Dancer Corp has a selling price of $25 per unit, and variable costs of $19 per unit. When 20,000 units are sold, profits equaled $88,800. How many units must be sold to break-even?
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