ACCTG424 Lecture Notes - Working Capital, Ribston Hall, Market Research
8 Apr 2014
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In class #1. 1 professional ethics and earnings management. Day corporation is a publishing company that produces trade magazines. The company"s stakeholders are awaiting the announcement of day corporation"s earnings for the fiscal year, which ends on december 31. Market analysts have predicted earnings to be around . 34 per share. The ceo of day corporation expects earnings to be only . 20 per share, and knows this will cause the price of the stock to drop. Page 1 of 56in class #2. 1 classification of costs, manufacturing sector. The car company inc. assembles two types of cars (coras and geos). A separate assembly line is used for each type of car. Classify each of the following cost items as: direct or indirect (d or i) costs with respect to the type of car assembled (coras or. Page 2 of 56in class #2. 2 income statement and schedule of cost of goods manufactured. The powell corporation has the following account balances (in millions):
