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What is an important issue to be considered when allowing end users to develop a system?
a. systems are more likely to be inefficient
b. systems are more likely to be incompatible with other systems within the organization
c. systems are often poorly controlled and documented
d. systems are developed when they are needed
question the eldorado corporations controller prepares adjusting entries only at the end of the fiscal year. the
Rode Inc. incurred a net operating loss of $556,700 in 2014. Combined income for 2012 and 2013 was $352,200. The tax rate for all years is 30%. Prepare all the journal entries necessary at the end of 2014.
Prepare the bank reconciliation and any required journal entries. From the following data, prepare a bank reconciliation and determine the correct available cash balance for Reed Company as of 2010 October 31.
ABC Company employs a periodic inventory system and sells its inventory to customers for $32 per unit. ABC Company had the following inventory information available for the month of May: Calculate the dollar amount of ending inventory shown on ABC Co..
How many units must be sold to earn operating income of $300,000? Compute the additional operating income that Rad-Brad's would earn if sales were $50,000 more than expected.
Kerianne paints landscapes, and in late 2016 placed four paintings with a retail price of $180 each in the Holmstrom Gallery. Kerianne’s arrangement with Holmstrom is that Holmstrom will earn a 10% commission on paintings sold to gallery patrons. How..
What is the required net initial investment outlay (year 0)? What effect will the acquisition of the new equipment have on total operating profit after-tax in each of the four years?
he used the car 80% of the time for business and 20% for personal use. jon used the satutory percentage method of cost recovery. calculate total deduction jon may take for 2011 with respect to the car.
Shamrock Company had net income of $30,000. On Jan 1, there were 8,000 shares of common stock outstanding. On April 1, the company issued an additional 2,000 shares of common stock. There were no other stock transactions. The company has earnings per..
ABC Co. With existing assets alone expects to generate annual income of $50,000 perpetually. It has 30,000 shares outstanding now and plans to issue 4,500 new shares one year from now at a price of $8.00 per share. The company’s investment opportunit..
Suppose that the price at which q thousand flash drives can be sold is given by the demand equation. Find the level of production (to the nearest flash drive) that maximizes revenue. What is the selling price (per flash drive) that maximizes revenue?..
What is the overall project's risk-adjusted NPV? (Hint: Use the percentage given in the question to adjust up or down to obtain the risk-adjusted discount rate.
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