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Question 1: Kim Inc. has an FX pass through policy of 75%. The local sales price of its product is NZD 155.00 per unit. Say the NZD appreciates by 16.22% against the USD. What is the new sales price in NZD after the NZD appreciation? Assume that Kim Inc. is an exporter firm.
Using the high-low method, determine an equation for electricity cost (Y) as a function of units produced (X). Assume a linear function. and Using your equation, forecast electricity cost at a volume of 29,000 units produced.
Compute Delzers return on assets ratio, profit margin ratio, and asset turnover ratio, both with and without the new product line and discuss the implications that your findings in part (a) have for Delzer"s decision.
For the year ended December 31, 2016, Joey Co. reported Net Income of $800,000. At January 1, 2016 the company had 900,000 shares of common stock outstanding. Joey Co. also had $1,000,000 of 6% cumulative preferred stock. Compute Joey Co’s earnings p..
A compensating balance refers to:
Assume Davis Consulting Inc has created a standard cost card for each job. Standard direct materials include 14 software packages at a cost of $900 per package. Calculate direct materials cost and efficiency variances. Calculate direct labor cost and..
Determine the amount of revenue, cost, and gross profit or loss to be recognized in each of the three years under IFRS, assuming that using the percentage-of-completion method is not appropriate.
What is the impact on the cost of the machine of the interest paid on the 10 percent note? Under what circumstances can interest expense be included in acquisition cost?
According to the text, currently, there are a variety of authorities accounting pronouncement dealing with debt and equity. From the e-Activity, summarize the current accounting treatment for investments in debt and equity securities. Identity three ..
The reason why processor speeds are not important to AISs is because: Select one: a. Most AIS processing is performed on weekends anyway b. There are so many of them in the world today c. Microcomputers are so inexpensive these days d. Most computers..
lebron corp issues 5000 restricted shares to upper level executives on 1st january 2013 date of grant. the shares have
On December 31, Burgess, Inc. discarded a piece of equipment. The initial cost of the equipment was $180,000 with an accumulated depreciation of $176,000. Depreciation has been taken up to the end of the year. The following will be included in the en..
net profit margins and working capital to sales ratios stay constant." What pattern of return on equity is implied by these assumptions? Is this reasonable?
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