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Most people who start small businesses are aware of the high failure rate and the reasons for it. Why, then, do some take no steps to protect their firms from failure? What steps should they take?
Suppose you believe that the economy is just entering a recession. Your firm must raise capital immediately, and debt will be used. Should you borrow on a long-term or a short-term basis? Why?
Kling Company was organized in late 2010 and began operations on January 2, 2011. Prior to the start of operations, it incurred the following costs:
1. What are some corporate risks that can destroy a company's strategic position? List several risks. 2. What are some ethics concerns in an international organization? Elaborate your answer.
A. Low Carb Diet Supplement, Inc. has two divisions. Division A has a profit of $100,000 on sales of $2,000,000. Division B is only able to make $25,000 on sales of $300,000. Based on the profit margins (returns on sales), which division is superior?
randolph company produces two fountain pen models. information about its products follows product a product b sales
Prepare journal entries to record the pension expense, funding of plan assets, and retiree benefit payments.
Brass Works, Inc. produces brass lamps and gift products. Engineers at Brass Works have established the following direct labor standards to produce a brass candelabra:
what would be the journal entry for "finished goods with a carrying cost of 138500 are sold on account for 199500. assume a perpetual inventory system and enter a compound journal entry".
Long-term obligations usually are reclassified and reported as current liabilities when they become payable within the upcoming year (or operating cycle, if longer than a year).
a four-year investment is expected to produce the cash flows shown below. an investor is willing to pay a price of
Cara, Bob, and Stave want to begin a business on January 1, 2009. The individuals are considering three business forms-C Corporation, partnership, and S corporation.
camden metal co. makes a single product that sells for 84.00 per unit. variable costs are 54.00 per unit and fixed
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