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1.Swiss Group reports net income of $40,000 for 2013. At the beginning of 2013, Swiss Group had $200,000 in assets. By the end of 2013, assets had grown to $300,000. What is Swiss Group's 2013 return on assets? How would you assess its performance if competitors average a 10% return on assets?
Assuming that the company uses the percentage of receivables allowance method, prepare the adjusting entry on December 31, 2001, to recognize bad debts expense.
Research and analyze a company that has had publicly known problems with their internal control.
seaver corporation manufactures mountain bikes. it has fixed costs of 4620000. seavers sales mix and contribution
on april 1 2012 prince company assigns 500000 of its accounts receivable to the third national bank as collateral for a
haslett corporation uses standard costs with its job order cost accounting system. in january an order for 1900 units
Critics have charged that compensation to top management in the United States is simply too high and should be cut back. If compensation is tied to performance, should there be a ceiling on an executive's earnings? Explain at least two pros an..
robert hitchcock is 40 years old today and he wishes to accumulate 500000 by his sixty-fifth birthday so he can retire
Key figures for the recent two years of Polaris and Arctic Cat follow.
pet foods plus purchased bagged dog food at an invoice price of 6000 and terms of 210 n30. half of the bags had been
Mallard Incorporated (MI) is a small manufacturing company that makes model trains to sell to toy stores. It has a small service department that repairs customers' trains for a fee.
Enter these unadjusted balances and the necessary adjustments on a work sheet and complete the work sheet for these accounts. Also include the following accounts: Accounts Receivable, Wages Payable, and Rent Expense.
norr and caylor established a partnership on january 1 2010. norr invested cash of 100000 and caylor invested 30000 in
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