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Some accountants have advocated that a company's human assets be measured and included directly in the financial statements. For example, the costs of hiring and training an employee would be recorded as an asset that is amortized over the employee's expected term of service. Do you agree or disagree? Why?
gentile corporation makes a product with the following standard costs the company produced 6000 units in may using
explain carefully the meaning of the terms convenience yield and cost of carry. what is the relationship between
Tina, an unmarried taxpayer, has $80,000 in salary, $10,000 in income from a limited partnership, and a $26,000 passive loss from a real estate rental activity in which she actively participates. Her modified adjusted gross income is $80,000. Of t..
Prepare the entries on Petro Co.'s books to record the sale and related collection. (Omit cost of goods sold entries.)
What is the difference between top down and bottom up budgeting? Under what circumstances might one approach be preferred to the other?
Roberto Corporation was organized on January 1, 2011. The firm was authorized to issue 100,000 shares of $5 par common stock. During 2011, Roberto had the following transactions relating to shareholders' equity:
small motors inc which is currently operating at full capacity has sales of 29000 current assets of 1600 current
crydon inc. manufactures an advanced swim fin for scuba divers. management is now preparing detailed budgets for the
Last year, the House of Orange had sales of $826,650, net operating income of $81,000, and operating assets of $84,000 at the beginning of the year and $90,000 at the end of the year. What was the company's turnover rounded to the nearest tenth?
research a company that has been in the news for unethical practices such as enron tyco global crossing or
gruden company produces golf discs which it normally sells to retailers for 6.95 each. the cost of manufacturing 22400
abco bread sells a box of bagels with a contribution margin of 62.5. its fixed costs are 150000 per year. how much
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