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Problem: What is the corporate income tax formula and how does it compare and contrast with that of the personal income tax?
We have heard a lot in the news how people feel upper management and executives are highly overpaid. Do you agree or do you feel that it is o.k. to pay high amounts of wages and bonuses to the top p
What options are available to an S Corporation for accounting period choices and accounting methods? Why would you select one versus other alternatives?
For what kinds of companies is financial slack most valuable? Are there situations in which financial slack should be reduced by borrowing and paying out the proceeds to the stockholders?
Why is the market value of a firm’s stock almost always higher than the book value of the firm’s stock as shown on the balance sheet?
Problem 1: Jack and Jill are owners of UpAHill, an S corporation. They own 25 and 75 percent, respectively. What amount of ordinary income and separately stated items are allocated to them for years
Question 1: Identify the features common to the gift tax formula and the estate tax formula. Question 2: Explain why Congress felt it necessary to enact a gift tax to complement the estate tax.
What is the Unified Transfer Tax Rate Schedule and how does it compare/contrast to the estate tax rates and/or the gift tax rates?
A firm has an average investment of $1,000 during the year. During the same time, the firm generates after-tax earnings of $150. If the cost of capital is 10%, what is the net return on investment?
If a firm permanently borrows $100 million at an interest rate of 8%, what is the present value of the interest tax shield? (Assume that the marginal corporate tax rate is 30%.)
The High-Rise Building Company uses 400,000 tons of stone per year. The carrying costs are $100/ton. The cost per order is $500. Calculate the total costs of optimal inventory.
I have 3 journal articles on internal controls and need assistance writing a one page response to each of the three summarizing the articles and any strengths and weaknesses with the author's writin
What is your experience with accounting fraud or abuse? The experience can be professional with your career or personal with volunteer work, etc. If you cannot come with your own experience, you can
What impact did the new accounting principle for revenue recognition have on Apple's balance sheet, income statement and statement of cash flow Did the new revenue recognition principle improve or w
Question 1: Describe the different types of corruption schemes Question 2: Explain how anti-fraud controls differ between large organizations and small organizations
What is lean manufacturing and its effect in accounting? Refer to http://www.lean.org/whatslean/
Discuss the following questions: 1) Was Forrest Gump an 'accounting' hit in terms of net income, as computed by Paramount?
As corporate controller for Apollo Shoes, you are tasked to find and explain any irregularities in the Apollo Shoes Case. Resource: Apollo Shoes Casebook
A smaller 2-year old emerging venture is set to enter a new segment of its original target market, with a modified version of very popular product already being sold by about a half dozen suppliers
Crosscut Corporation makes and sells four products. September's budgeted and actual sales and margins for these products were as follow:
Now that you have an appreciation for the government's need of property tax revenue, as well as an understanding of the taxpayers side,
Give two examples of fixed assets that you believe should be depreciated with different methods. Do not identify the appropriate methods.
Briefly discuss how accounting convergence efforts addressing liabilities is related to the IASB/FASB conceptual framework project.
Problem: Briefly describe some of the similarities and differences between U.S. GAAP and IFRS with respect to the accounting for investments.
Problem: Describe the current convergence efforts of the FASB and IASB in the area of accounting for taxes.