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Irregularities in Accounting at WorldCom and Enron

savvy ways of getting things done. That is, until the fall of 2001. The nation, already shocked and stunned by the tragedy...

Merck and Pfizer Financial Ratios

Stock price 31st Dec 2004 $26.89 $32.14 Current stock price $22.31 $28.90 Price/book value 2.5 3.6 Price/cash flow 10.3 8.2 Sales ...

Student Supplied Lamp Management Accounting Calculations Cse Study

Cost Fixed Overhead 250,000.0000000 $ 525,000.00 {4.10} (normal capacity of __25,000__ lamps @ _10_ )...

Future Accounting Projections and Medical Care

In five pages this student submitted case study projects future medical accounts with Microsoft Excel and analyzes how they may be...

Activity Based Accounting and its Uses

costs and activity based costing may identify which type of furniture sales are the most attractive and any that may be creating l...

Book Review of Management Accounting

But what, exactly, is management accounting information? The authors point out that, according to the Institute of Management Acco...

Student Submitted Case Study on Planning Materiality

we take the 175,906 as a percentage of the total assets which are 29,611,000 we get the percentage of 0.6%. This appears to be a ...

Mead Case Study Answers

MUS is not only the number of line items in a given population, but also an approximate book value of the largest item - this, as ...

Business Decision Making and Account Uses

sales are still falling short on the budgeted figures, This may lead the individual to believe that the long term nature of Septem...

Government's Only Legitimate Form, Human Nature, and Second Treatise on Government by John Locke

of perfect freedom to order their actions, and dispose of their possessions and persons as they think fit, within the bounds of th...

Business Ethics and Government Mandates as They Relate to Accounting

mandates are now in effect. These do not leave any room for innovation in this industry, except to design ways in which to meet th...

Statement 35 by the Government Accounting Standards Board

In twenty four pages the GASB's proposed revision to Statement 34 is analyzed in detail. Seventeen sources are cited in the bibli...

Government Accounting Standards Board Statement No. 34 Analysis

not the new rules will render better orchestrated financial reporting, one has to look at the role of the board, the reasons why i...

The Problem of the US Current Account

The second problem is the way that this should be dealt with, this is linked the first problem, as knowing the potential outcome m...

Overview of Financial Accounting Theory

In six pages standards and relationships between private institutions and the government are among the topics covered in this fina...

ACCOUNTING QUESTIONS

Answers questions about budgets and costing methods. There are 4 sources listed in the bibliography of this 3-page paper....

For Accounting Questions Relevant for New Businesses

will make some assumption, with the overhead or fixed cost assumed to be $500,000, which is made up of the lease costs for the bus...

Accounting and Pricing Questions

have a cost, especially if it is in the form of borrowing, such as an overdraft or revolving credit facility. Other cash flow may ...

Accounting Questions

rules and audits the accounts. When looking at the failure of Enron it is these accounting standards that appear to fail. In looki...

Accounting Questions; Journal and Ledger Entries

This 6 page paper answers three questions set by the student showing how journal and general ledger entries should be made and exp...

Accounting Questions

1.88% 30.00% Net profit under the old scheme 6.00% 10.00% 13.00% -6.25% 25.00% If we look at the way this is calculated it will ...

Break Even Analysis Accounting Questions

by the period he is away to get the total overhead cost. This works out at 605. To calculate the direct costs of materials etc we ...

Budgeting Accounting Questions

areas with local management working together to meet the required budgets with cost cutting and planning and each department ends ...

Accounting Questions

The balance sheet can also be prepared. There is borrowing of 500,000 and $1,000 is raised with the sale of the shares. The purcha...

Accounting Questions

after the break even point the usual contribution level is $14, so dropping this to $2 is quiet drastic. If we look at the impact ...

Accounting Questions

of the "companys annual sales divided by its average stockholders equity ... The higher the ratio is, the more efficiently a compa...

Accounting Questions

be the level of the retained earnings. This is shown below. Assets Liabilities and Equity Current Assets Current liabilities Cash...

Accounting Questions

costs. If we have a payment of 1,200 per concert and variable costs of 400 per concert this will mean there is a contribution of 8...

INTERNATIONAL ACCOUNTING QUESTIONS

arent really very helpful, namely because they focus more on economies and economics, rather than hard-and-fast accounting rules. ...

Accounting and Tax Based Questions and Issues

guesswork typically has to take place (that, and knowledge of both the company and the market). Either way, the answer to ...