Capital investment analysis can be applied in case of expensive and long-term projects
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Discuss the purpose and key features of a value stream map (VSM)
Cooper Company had overapplied factory overhead of $2,00 . last year. Assuming the amount was considered small enough not to materially distort net income, the entries needed to close factory overhead are:
a. Factory Overhead 2,000 Applied Factory Overhead 2,000 Applied Factory Overhead 2,000 Cost of Goods Sold 2,000 b. Factory Overhead 2,000 Under- and Overapplied Factory Overhead 2,000 Cost of Goods Sold 2,000 Under- and Overapplied Factory Overhead 2,000 c. Factory Overhead 2,000 Under- and Overapplied Factory Overhead 2,000 Under- and Overapplied Factory Overhead 2,000 Cost of Goods Sold 2,000 d. Factory Overhead 2,000 Applied Factory Overhead 2,000 Applied Factory Overhead 2,000 Cost of Goods Sold 2,000
Which of the following statements is not true relating to a capitalized (capital) lease?
a. A capital lease is handled as if the lessee bought the asset. b. The leased asset is in the fixed assets and the related obligation is included in liabilities. c. On the balance sheet, the capitalized asset amount will not usually agree with the capitalized liability amount because the liability is reduced by payments, and the asset is reduced by depreciation taken. d. Usually, a company depreciates capitalized leases faster than payments are made. e. On the balance sheet, the capitalized asset amount will usually be higher than the capitalized liability amount.
When requesting action in a persuasive message, wording such as "I hope you will . . .". and "If you agree . . .". is recommended as a courteous way to present the recipient with the choice of whether to respond favorably
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