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Question - What is the 'going concern assumption'? Can you explain its impact on the preparation of the financial report?
franco and jason share income and losses in a 21 ratio after allowing for salaries to franco of 15000 and 30000 to
What are the principal differences between financial and managerial accounting? There are many so please try to cover and discuss as many as possible
At the beginning of the year, your inventory was $31,000. At the end of the year, the inventory balance was $33,000. What is the inventory turnover rate
1.parthenon inc. sells two products yo-yos and hula hoops. the sales forecast in units for the first quarter of the
duggan company reported total manufacturing costs of 305000 manufacturing overhead totaling 58000 and direct materials
Explain the four frames of organizations. How can they help project managers understand the organizational context for their projects?
on september 1 2011 select company borrowed 600000 from a bank and signed a 12 six-month note payable with interest on
If the floatation cost for debt is 5% and the floatation cost for equity is 15%, what is the weighted average cost of capital (WACC) for new funds?
When using the indirect method, which of the following would be included in the net cash flows from operating activities section of a cash flow statement?
sales revenue 460000. cost of goods sold 300000. operating expenses 85000. sales discounts 20000. sales returns and
What happens if the market rate goes down while the bonds are outstanding? Name some actions a company could take to control this risk.
Companies can determine the effect of ending inventory errors on the balance sheet by using the basic accounting equation: Assets = Liabilities + Owner's Equity. How would the over or understatement of inventory impact assets, liability and owner'..
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