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CS Company has a profit margin of 11%. Sales are $320,000, net operating income is $35,200, and average operating assets are $128,000. What is the company's return on investment (ROI)?
Explain to Bob Colbert why he should use GAAP, and describe why his financial statements may now be misleading. Do you see this as an ethical issue? Explain.
The effect of information systems may be quantified in every organization. Using specific examples in your own organization, illustrate how does the information system you use make your job easier? Why? How may it be improved?
What is the present value of the tax savings related to depreciation of the equipment?
Cost of goods manufactured equals total product costs incurred during the current period + beginning work in process - ending work in process. Direct materials cost + direct labor cost + overhead cost. Sales - cost of goods sold. None of these are co..
What are the latest views on materiality in financial accounting and how have standards for measuring materiality changed since passage of the Sarbanes-Oxley Act?
Many companies market their products and/or services to children or young teens. Identify one product and/or service that does this. Do you feel it is appropriate to market this product or service to this age group? Explain. Does this approach fit th..
What transactions might be included in a multiple-column purchases journal that would not be included in a single column purchases journal?
The stock's dividend is projected to increase at a constant rate of 7% per year. The required rate of return on the stock is 10%. Illustrate what is Damon's expected price 4 years from today ?
preparing an income statementnbsp for forgetful insurance companybackground this project provides a set of annual
Evaluate the direct materials price and quantity variances for July.2. Determine the direct labor rate and efficiency variances for July.
The car was subsequently repossessed. When reacquired , the car was appraised to have a fair value of P300,000, What is the gain (loss ) on repossession? Under the installment method , how much is the realized gross profit to be recognized a th..
Explain to Wendy at least 4 key controls she must establish to protect herself against fraud. You should state specific internal control principles and relate your answer to her hair salon business.
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