Question
1.For the year just ended, company shows an increase in its net fixed assets account of $980. The company took $245 in depreciation expense for
1.For the year just ended, company shows an increase in its net fixed assets account of $980. The company took $245 in depreciation expense for the year. How much did the company spend on new fixed asset? Is this a source or use of cash?
2.If D/E= 0.65, ROA=0.085, TE=540,000; then what is the EM? ROE? NI?
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Swanson On Internal Auditing Raising The Bar
Authors: IT Governance Publishing
1st Edition
1849280673, 978-1849280679
