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Accounting Assignment

A textile company located in Long Bien District and applies calendar tax year, has 40 employees, had following information for the tax year 2020 (Unit: million VND): 1. Turnover: 300.000 2. Expenses: 250.000. In which: – Depreciation: 300 – Materials expenses:10.000, in which, the cost of damaged materials caused by natural disasters 200 – Uniform …

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White Limited is the only shareholder of Brown Limited.

White Limited is the only shareholder of Brown Limited. Given below are independent intra-group transactions for the period ending 30th June, 2019. 1. During the year ending 30th June, 2019, Brown Limited sold inventory worth $50,000 to White Limited. Brown Limited made profit after tax of $8,000. At 30th June, 2019, White Limited has sold …

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This project asks you to imagine that you are an expert in Classical Humanities who has been hired to assist a group in need of your expertise

This project asks you to imagine that you are an expert in Classical Humanities who has been hired to assist a group in need of your expertise 3) You have been selected to advise the local natural history museum regarding plans for an upcoming exhibit on the Technology of Ancient Greece and Rome. Your job …

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7.1 Borges Machine Shop, Inc., has a 1-year contract

7.1 Borges Machine Shop, Inc., has a 1-year contract for the production of 200,000 gear housings for a new off-road vehicle. Owner Luis Borges hopes the contract will be extended and the volume increased next year. Borges has developed costs for three alternatives. They are general-purpose equipment (GPE), flexible manufacturing system (FMS), and expensive, but …

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Production question

Metters Cabinets, Inc., needs to choose a production method for its new office shelf, the Maxi stand. To help accomplish this, the firm has gathered the following production cost data: PROCESS TYPE ANNUALIZED FIXED COST OF PLANT & EQUIP. VARIABLE COSTS (PER UNIT) ($) LABOR MATERIAL ENERGY Mass Customization $1,260,000 30 18 12 Intermittent $1,000,000 …

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a. How much is the receipt Theodre Group is able to get if the company decides to perform money market

a. How much is the receipt Theodre Group is able to get if the company decides to perform money market hedge of its account receivable? State your answer in EUR.(5 marks)b. Calculate the maximum cost that Theodre Group has to bear if the company decides to hedge its account payable using option. State your answer …

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CM2 purchased some shares of one of its suppliers, Infrared Co., as an investment. CM2 paid $140,186 for the shares. Although management plans to hold this investment for the long-term, the company may need to sell it in the future for liquidity purposes. Conner and Martin also think that making investments in some of their …

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