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1.Which of the following explains why there is no Month end posting to controlling accounts in a computerized accounting system?a) Controlling accounts are the sum of the balance in the subsidiary. b) When transactions are entered, they are posted immediately to all affected accounts. c) the computer does not make posting and mathematical errors. d) computerized accounting keeps a "running balance" on all accounts; therefore, posting is not necessary.
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Sergo Games produces a variety of action games which sold more than 800,000copies. In 2011, the production plant prepared 3,000,000 CDs and incurred the following cost:
You're a paralegal at a law firm. You learn through work that one of the firm's corporate clients is going to declare a stock split that will likely increase the value of their stock. You mention this to your spouse. He or she promptly goes out an..
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What is the payout ratio for Winger Corporation
Lon expects each van to make ten round trips weekly and carry an average of six students each trip. The service is expected to operate 30 weeks each year, and each student will be charged $12.00 for a round-trip ticket.
a. Use NPV techniques to analyze these two alternatives and make a recommendation. The BTRR (interest rate) is 12%. b. Use IRR techniques to analyze these two alternatives and make recommendations.
Any responses taken directly from the external government resource or course material will not be accepted. Information referenced from the government resource(s) and the course material must be cited. For example:
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