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Winston Company has two regional divisions: the East Division and the West Division. The Board of Directors has established a minimum rate of return of 15%. 1999 sales were $2,000,000 for the East Division and $8,000,000 for the West Division. East Division's 1999 operating income was $200,000 and average operating assets during 1999 were $1,000,000. West Division's 1999 operating income was $500,000 and average operating assets during 1999 were $4,000,000. Winston's top managers wish to fire either the manager of the East Department or the manager of the West Department.Prepare a schedule providing quantitative measures of the performance of the managers of the East Division and the West Division; interpret the terms used in your schedule; and recommend which manager should be fired.
Briefly summarize the accounting techniques used by Cendant to manipulate financial results. Categorize each technique into one of Schilit's financial shenanigans.
The Fancy Umbrella Company makes beach umbrellas. The production process requires 3 square meters of plastic sheeting and a metal pole. The plastic sheeting costs $0.50 per square meter and each metal pole costs $1.00.
payroll accounting. assume that the following tax rates and payroll information pertain to brookhaven publishing middot
in the year 2012 wiggins processing company had the following contribution income statement.salesnbspnbsp
Great Falls Brewery's regular selling price for a case of beer is $15. Variable costs are $8 per case and fixed costs total $2 per case based on production of 250,000 cases.
carlos arruza company exchanged equipment used in its manufacturing operations plus 3000 in cash for similar equipment
Chris spends $800,000 to build a qualified low-income housing project, which is placed in service on January 1, 2005. He financed the project using his personal funds. What is the amount of the low-income housing credit that Chris may claim in 200..
drewery inc. has fixed costs of 50000 and net operating income of 17000. if sales increase by 18 by how much will noi
wigs plus company supplies wigs and hair care products to beauty salons throughout california and the pacific
Tyson Chandler Company purchased equipment for $10,000. Sales tax on the purchase was $500. Other costs incurred were freight charges of $200, repairs of $350 for damage during installation, and installation costs of $225. What is the cost of the ..
a recent accounting graduate evaluated the operating performance of fane companys three divisions. the following
list and briefly describe four of the five differences between managerial accounting and financial
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