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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?
Evaluate Peter's 2012 diluted earnings per share. Evaluate the amount of retained earnings available for dividends at the end of 2013?
cartwright inc. has 1000000 of 10 percent bonds outstanding on december 31 20x8. on 1st january 20x9 adam corp. an
An agency's Performance and Accountability Report (PAR) is considered a primary source of planning information. Why is this? When are PARs due (in draft and in final)?
consider that you are preparing a seminar on cost-volume-profit analysis for non accountants.various potential
Evaluate the allocation of the acquisition price to undervalued assets and Goodwill Evaluate the amounts of 4 years' excess depreciation/amortization for the undervalued assets, from 2009-2012
Construct Alpha's cash budget, income statement, balance sheet and statement of cash flow for April.
question on january 1 2015 mcdaniel company issued a 5-year 1000000 bond with stated interest rate of 10. interests
Calculate the fair value of the controlling interest and the noncontrolling interest in Magnolia as of January 1, 2009 and prepare a schedule for allocating the excess of investment cost (fair value) over the book value.
augie purchased one new asset through the year 5 year asset on 11102013 cost 750k. she made the 179 election. the
questionuse the subsequent information to complete paul and judy vances 2011 federal income tax return. if information
When is an ABC approach most advantageous and what are the perceived benefits vs. costs of an ABC system (you are not expected to quantify the costs benefits)
Riverside Florists uses an activity-based costing system to compute the cost of making floral bouquets and delivering the bouquets to its commercial customers.
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