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Income from operations for Division B is $150,000, total service department charges are $400,000and operating expenses are $2,266,000. What are the revenues for Division B?
Why is the budget a far more important document in both governments and not-for-profits than in businesses?
Assuming sales volume is expected to be the same in the upcoming year as it was in the past year, give three separate options the company could implement in order to achieve their target profit in the upcoming year.
Discuss the relevance of budgeting as it relates to the accounting profession in general. Relate lessons learned from a self-selected reading or from something you learned while working on your accounting profession in general.
If a company leases equipment to other companies and records these leases as operating leases rather than a capital leases, its' (the lessor's):
repayments of long-term borrowings of $3.5 million, interest payments of $780,000, repurchase of treasury shares of $500,000 and cash dividends declared of $1.1 million. Net cash flow from financing activities equals.
Maples Corp., whose outstanding stock is worth $4 million, has a net operating loss carryforward of $1 million. Maples is owned 45 percent by Alan and 55 percent by Cline, who are otherwise unrelated.
Define three classifications within other comprehensive income and give an example of each.
Provide a sector/industry analysis and narrative to start a health food cafe that serves whole food and organic food. Please also include sources.
The following standards for variable manufacturing overhead have been established for a company that makes only one product:
What is the difference between linear and nonlinear cost function? Give an example of each type of cost function?
Prepare all journal entries in all funds and the GCA and GLTL accounts to record the following transactions and events.
Prepare journal entries for investments using the fair value and the equity method. How does it relate to the practice of accounting and its uses in business?
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