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Xyz company had service cost, interest cost, and amortization of unrecognized prior service cost in the amounts of 8.25 percent, 5.21 percent, and 7.83 percent respectively of Earnings Before Interest and Taxes (EBIT). It's return on the pension fund was a postive $15,000 and it had no other elements of pension expense. What is the necessary calculations and accounting for this transaction. EBIT 174.4 ( in millions
The spectrometer would have no effect on revenues, but it is expected to save the firm $25,000 per year in before-tax operating costs, mainly labor. The firm's marginal federal-plus-state tax rate is 40%.
The CEO of your company has asked you to prepare a written presentation to be given at the next board of directors meeting on why different types of cost information need to be reported to support different managerial purposes and decisions. In a ..
What is the variable cost per unit (rounded to the nearest penny)? What are the total fixed costs?
david winner is to retire from the partnership of winner and associates as of the end of the current fiscal year.
Race decided to use the equity method to account for this investment. What was the noncontrolling interest's share of consolidated net income?
at the beginning of april warren corporations assets totaled 247000 and liabilities totaled 67000. during april the
Define the term expenditure and distinguish between that term and the following terms: expense, disbursement, encumbrance and other financing use.
on april 1 2009 a company paid the 1350 premium on a three-year insurance policy with benefits beginning on that date.
The balances in Salza Company's capital stock and retained earnings account on the date of acquisition were $1,200,000 and $600,000 respectively.
sam and his sister blair both attend the state university. as a reward for their successful completion of the past year
What is the difference between a rule-based and principle-based system? Discuss the Global Reporting Initiative, its purpose, the standard setting process, the use of its reporting system, etc.
A small loan company finds 12% of its loans are defaulted for an average of 20% of the loan value. What is the expected percent of default for all their loans?
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