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a) Write short note -
1) P V Ratio
2) Margin of Safety
3) Material Variances
4) Absorption Costing
b) Describe the meaning of the term 'variance analysis'. What is its significance in controlling and monitoring costs?
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1. Suppose a firm's tax rate is 35%. What affect would a $10 million operating expense have on this year's earnings? What effect would it have on next year's earnings? 2. What
The XYZ company supplies products to a number of original equipment manufacturers (OEM's). It employs 5,000 mostly unionized workers and generates about $2.2 billion in revenue ann
pv ratio explaination, margin of safety
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