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I do not feel like i am undertaning this question so if someone could better explain them 1) last year, the price of chicken was $6 per pound and the price of fish was $7 per pound this year the price of chicken is $10 per pound and the price of fish is $11 per pound all other things equal, and assuming that Brain purchased both items before, what would you expect to happen to his purchases of chicken (relaive to fish) this year c) the money price of chicken has increases so Brain would be expected to purchase less D) the relative price of chicken has increased, so Brain would be expected to purchase less both are true, what is the difference?
Compute the effect on income if Cornish accepts the special order. If Cornish accepts the special order, how much could normal sales drop before all of the differential profits disappear?
Find out the price of the bonds at January 1, 2011, and prepare the journal entry to record their issuance. Prepare the journal entry to record interest on June 30, 2011
Will corporations obtain a greater charitable contribution deduction for the current year by filing a consolidated tax return or separate tax returns?
Evaluate total manufacturing overhead for the year
Find a website that details factoring receivables. E xplain b riefly to the class what factoring receivables is, why a company would factor their receivables, and the advantages of doing so?
accumulated postretirement benefit obligation at jan 1 2012 = 760,000; accumulated OCI (PSC) at jan 1 2012 = 100,000 Dr.; discount rate = 9%. Instrucions: compute postretirment benefit expense for 2012.
Explain the advantage of using a flexible budget. Also, why are flexible overhead budgets based on an activity measure, such as hours or process time or machine time?
What are the advantages and disadvantages to our company of financing the expansion by issuing bonds? By issuing common stock?
Illustrate what about chain of custody before someone from the legal system discovers the evidence? If the evidence passes through several hands first, does that invalidate the chain of custody?
Based on a recommendation of its Board of Directors, Goochland decides to appropriate (restrict) $200,000 of its inappropriated retained earnings for plant expansion at some time in the future
Prepare journal entry to reimburse it on January 8. Create a journal entries to both reimburse the fund and increase it to $240 on January 8, assuming no entry
Valuation of plant asset - What amount if any will Hi-Tech record as goodwill on the date of purchase?
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