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There is one question and two problems. Total assignment is worth 14 points.Question1. What is the reporting purpose of the statement of cash flows? Identify at least twoquestions that this statement can answer.P1.The statement of cash flows is one of the four primary financial statements.1. Describe the content and layout of a statement of cash […]

Lessee, Inc. (Lessee) is entering into a contract with Landlord, Inc. (Landlord) to rend Landlord’s newlyconstructed office building located at 555 Corporate Place, Stamford, CT. The fair value of the leasedbuilding is approximately $5 million at lease inception. The lease term is 20 years, and the estimated lifeof the building is 40 years. Lessee will […]

Telly Savalas owns the Bonita Barber Shop. He employs 7 barbers and pays each a base rate of$1,100 per month. One of the barbers serves as the manager and receives an extra $550 per month.In addition to the base rate, each barber also receives a commission of $5.50 per haircut.Other costs are as follows.AdvertisingRentBarber suppliesUtilitiesMagazines$200$980$0.40$180$25perperperperpermonthmonthhaircutmonth […]

QUESTION 5Clark and Clester live in the beautiful town of Pagudpud, Ilocos Norte. They own a small business in which they make earrings and necklaces and sell them to the people who visit the beach. Clark can make 18 earrings or 6 necklaces per hour. Clester is a little bit slower and can make only […]

Mike and Sally went to the grocery store with 180$. Mike bought a nerf gun for 7$, a pound of oranges for $1.89, and A TV for $68. How much money does Mike and Sally have now?

Prepare a note to your managing director (MD) visualizing challenges being faced by human resource manager in the rapidly changing economic enviroment in the country. (300 words)

Need help with critical analysis with the attached discussion points regarding the Korean War and whether or not America won the war in Korea. Each discussion point needs at least 150 word response.Discussion point # 1“The Korean War showed the once allied nations of Russia and the United States waging a proxy warthrough Korea. Scars […]

Price and efficiency variances, journal entries. The Schuyler Corporation manufactures lamps. It has set up the following standards per finished unit for direct materials and direct manufacturing labor:Direct materials: 10lbs at $4.50 per lbs. $45.00Direct manufacturing labor: 0.5 hour at $30 per hour 15.00The number of finished units budgeted for January 2014 was 10,000; 9,850 […]

How would our marketing system change if manufacturers were required to set fixed prices on all products sold at retail and all retailers were required to use these prices? Would a manufacturer’s marketing mix be easier to develop?What kind of an operation would retailing be in this situation? Would consumers receive more service or less?

Consider this real-life legal problem.“Intellectual property and information rights are extremely important assets of individuals.” The protection of these rights in today’s world with the speed of the Internet is often difficult. We have seen designs, ideas, and products abused by those who seek the quick profit in copying a good idea and even a […]