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Problem 1: Jennifer has been a part of your group for last five years. She is both a sincere worker and the best performer in your group. She confided in you yesterday that her father is not doing well and she might have to soon take two weeks off to take care of him. She is not sure exactly when she will need the leave, so she also asks you to keep this information to yourself. Today, your boss informs you about a critical project that has to be finished within next two weeks. He also wants Jennifer to be a part of that project and casually asks you, " hope she is available for this project. It is very critical that this project is done well and done on time." What kind of a "right-versus-right" scenario does this ethical dilemma reflect? What would your action be? Will you tell your boss about Jennifer's plans of taking leave? Explain.
Sales and cash collections from customers for the year were $780,000 and $700,000, respectively. Cost of goods sold for the year was $450,000. What was Alliance's receivables turnover ratio (rounded) for 2011?
During the year, 100 completed do what’s were manufactured, of which 90 were sold. The average per-unit cost of manufacturing a completed do what during the current year. The year-end balances of the following inventories: materials, work in progres..
Do you believe a conflict of interest exists when audit firms earn about as much money from non-audit services as audit services
BB's stock return and beta are 22 percent and 1.32 respectively and risk-free return is 9 percent. What is the return of CC's stock if CC's beta equals .92
Provide the necessary journal entries in 2020 & 2021 to record income taxes, assuming payment of tax due were made for both 2020 and 2021.
What is the rate of return on your investment for these end-of-year stock prices? What is your real (inflation-adjusted) rate of return?
Find what is the present value of this growing perpetuity? If you use a discount rate of 0.09 for investment products,Round to two decimal places.
What is the break-even in sales dollars each day? How many cookies must you sell in order to earn a daily profit of $1000? Does this seem realistic?
How do calculate the amount for a journal entry? Corporate income tax installments during the year have been recorded as income tax expense in the records.
Harriman Entertainment produced and sold 140,000 video games for $15 each last year. Demand is strong for the company's video games, and Harriman believes that volume will increase by 25 percent even if the company increases the game price by 20 perc..
Using the information provided, construct a monthly cash budget for October through December 2011. Based on your analysis, will Noble enjoy a surfeit of cash, or require external financing? Does the December 31, 2011, estimated external financing equ..
Prepare a projected income statement for November. Prepare schedules computing inventory budgets by months.
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