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The Fulmar Division of Jayne manufacturing had an ROI of 25% when sales were $2 million and controllable margin was $400,000. What were the average operating assets?
$100,000
$1,600,000
$500,000
$8,000
Elimination journal entries for consolidation at that date and calculation of non-controlling interest balance and consolidation worksheet
Purpose the inventories section of the balance sheet for December 31, 2009 for Danube. Purpose the inventories section of the balance sheet for December 31, 2009 for Annandale.
purchase effective 31st december 2010 zintel corporation proposes to issue extra shares of its common stock in exchange
consider that at the starting of the current year a company has a net gain-aoci of 60700000. at the same time assume
Hayner Limos, Inc., is considering the purchase of a limousine that would cost $149,868, would have a useful life of 9 years, and would have no salvage value. The limousine would bring in cash inflows of $36,000 per year in excess of its cash operati..
Explain your reaction to the idea that an auditor’s discussion and analysis, similar to management’s discussion and analysis, might accompany the standard audit report. Do you think such an addition would add value or distract investors? Why?
questionthe daytona company is involved in a 3-year long-term contract. the subsequent data relate to this
Illustrate what journal entries would Krause Co. record during the first year of the lease? (Include an amoritization schedule through 1/1/13 and round to the nearest dollar.)"
Suppose management is considering offering credit sales to customers but is unsure of what the generally accepted accounting principles are concerning uncollectible accounts receivables. You are the senior accountant, and management has asked for you..
Actual activity turns out to be the same as expected activity, the total amount of overhead cost allocated to Product X would
Flint, an S corporation with substantial AEP, reports operating revenues of $410,000, taxable interest income of $390,000, operating expenses of $260,000, and deductions attributable to the interest of $150,000. Calculate any passive investment incom..
In a lease that is recorded as a sales-type lease by the lessor, interest revenue:
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