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Questions -
Q1. What is the economic order quantity for the following inventory policy: A firm sells 32,000 bags of premium sugar per year. The cost per order is P200 and the firm experiences a carrying cost of P0.80 per bag.
Q2. What are the expected annual savings from a lock-box system that collects 150 checks per day averaging P500 each, and reduces mailing and processing times by 2.5 and 1.5 days respectively, if the annual interest rate is 7%?
How do you auditors use companies prior period financial statement data, their budget for the current year and industry comparisons to develop a plan
1. basic and diluted eps. assume that the following data relative to kane company for 2010 is available net income
roland andersson is the manager of the ekland division of ystad industries. he is one of several managers being
Calculate free cash flow - The firm made interest payments of $1,342 million and received $876 in interest receipts from I-bills that it held
(Financial Statement Presentation of Receivables) Jim Carrie Company shows a balance of $181,140 in the Accounts Receivable account on December 31, 2013. The balance consists of the following.
What types of audit evidence are considered most reliable? Least reliable? What are the seven major types of audit evidence, and the definition of each
The beginning inventory is 5,000 units. Determine the difference in variable costing and absorption income from operations
What is the budgeted contribution margin per composite unit for the actual mix? What is the budgeted contribution margin per composite unit
The income statement of an entity that provides services only will not have Cost of Goods Sold and Purchases Returns and Allowances is deduction- true or false
A U.S. manufacturer wants to conduct business through a foreign subsidiary organized in a low tax jurisdiction. How might it do so without being currently taxed on the subsidiary's foreign earnings?
Assuming order costs are $55 per order, total periodic demand is 100,000 units and the EOQ is 24,000 units, calculate the implied per unit holding cost
Aqua Ltd issues a prospectus inviting the public to subscribe for 30 million ordinary shares of $2.00 each. Provide the journal entries necessary to account
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