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Question - As the Director of Accounting, Management Planning, and Control for your company, you report directly to the CFO of your organization. She was preparing to attend a top management meeting, which has as its main agenda item, a presentation from the CFO on the company's cost structure. She wants you to provide her a written brief that will address the following questions:
How will negative opportunity costs affect an organization's cost structure and its cost profile?
What role can managerial decision-making play addressing this situation? The CFO finds your responses to the above questions vital and, therefore, will like to include other Directors in the Accounting and Finance Departments to discuss your brief.
If the company sells 1,220 forecasts every month at a price of $2,320 each, what is its average daily balance sheet amount in accounts receivable
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Polycorp wishes to issue a 90 day bank bill with a face value of $4,000,000. If the current 90 day rate is 7% how much will Polycorp issue the bill for.
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