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The average remaining service period for the employees expected to receive benefits is 10 years. What is amount of amortization to pension expense for the year?
Prepare cash flows from operating activities section of statement of cash flows, using the indirect method.
Purpose Direct materials Price Variance Efficiency variance and Labor rate variance Labor Efficiency Variance and pass necessary comments.
elucidate the applicable theories and appropriate accounting for items that arise from less than 100% ownership, including the reporting of assets, liabilities, revenues and expenses.
For each ratio listed, explain what it tells about the financial health of a company (while it is acceptable to include the ratios' formula, this is not where your answers could be focused).
The net income after taxes is $11,200 for FIFO and $9,800 for LIFO. The tax rate is 30%. The bonus rate is 20%. Explain how much higher is the manager's bonus if FIFO is adopted instead of LIFO?
A concerned citizen provides resources and establishes a trust with the local government. What factors should be considered in determining which fund to report the trust activities?
In 2007, Bell declared and paid dividends of $12,000. How much of the 2007 dividend was distributed to preferred shareholders?
Chad has calculated the sales volume at which his lemonade stand’s costs equal revenue. Which important factor has Chad excluded from his analysis?
What are the major differences between these two? From the employer perspective, which one is better? How about from the employee perspective?
The trainer has covered the difference between manual accounting and computerized accounting. What questions do you have regarding the differences? Illustrate what are the advantages of computerized accounting versus manual accounting?
describe how to avoid making suboptimal decisions. Your discussion should be supported by research and real world examples.
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