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What would you do in the subsequent ethical dilemma: Your corporation is suffering declining sales of its principal product. The president instruct controller to lengthen asset lives to reduce depreciation expense. A processing line of automated plastic extruding equipment purchased for 6 million, was initially estimated to have a useful life of 8 years and a salvage of 600 thousand. Depreciation has been recorded for 2 years on that basis. The president wants the predictable life changed to 12 years total. The controller hesitant to make the change, believing it is unethical. The president says "hey, the life is only an estimate, and I've heard that our competition uses a 12-year life on their product equipment." What would you do?
Examine and discuss the current effects of IFRS on the pension reporting for Coca-Cola and PepsiCo at 2009 year-end.
If a product requires 7,000 machine hours, Evaluate manufacturing overhead will be allocated to this product
There were no other errors or corrections. Ignore any tax considerations - evaluate the total net effect of errors on Mystical's 2013 net income?
Determine the journal entry to record their issuance by The Bradford Company on January 1, 2013.
Set up the required T accounts below and show how this transaction would be recorded directly to those accounts
Prepare the entry record any adjustments required due to the income tax rate increase.
Determine the 2004 ROI for each division and Rashid, manager of Division A, is supposing a proposal to invest 250 million rials for modern equipment.
Does your support department give significant support to other support departments, and does it receive important support from other support departments?
Match each situation with fraud triangle factor that best explain it an employee's monthly credit card payments are nearly 75 percent of their monthly earnings
Determine what amount should Funzy report as a promotional expense on its December 31, 2011, income statement?
Evaluate the amount of cash expected to be collected in July
Determine the discount. The amount of cash Hardcover, inc. actually had available to utilize from this loan was:
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