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bazaltina [42]
3 years ago
8

To develop unified programs and to establish policies for the maximum use of the Nation's natural and industrial resources for m

ilitary and civilian needs, for the effective use of the national manpower not in the armed forces, for the maintenance and stabilization of the civilian economy, and for the adjustment of such economy to war needs and conditions"
Business
1 answer:
dexar [7]3 years ago
3 0

Office of war mobilization

<u>Explanation:</u>

In mid 1943 the president was being pushed to build up a war assembly office by Senator Harry Truman and his board. Truman's board of trustees and other congressional analytical panels were overwhelmed by the absence of solidarity in the mechanical exertion and requested a solitary regular citizen coordinated obtainment office for all Army, Navy, Maritime Commission, and Lend-Lease needs. Truman realized that Nelson had substantially more authority than he practiced and in this way required a War Mobilization Board, expressing that he would make one by enactment if Roosevelt didn't step up to the plate. Different endeavors "likewise encouraged the foundation of the Office of War Mobilization.

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A financial analyst discovers that Stark Industries has been inappropriately capitalising R&amp;D costs in each year and amortiz
Anvisha [2.4K]

Answer:

Stark Industries

a. Amount of total asset overstatement and expense understatement:

Total Asset and Expense Misstatements:

                  Assets                            Expenses

              Overstatement                  Understatement  

2017        $24m ($24m -$0)             $24m  

2018        $46m (24 -8 + 30)m         $22m ($30m- $8m)

2019       $64m (46 -18 + 36)m        $18m ($36m - $18m)

b. The Retained Earnings account will be misstated as a result of the above accounting treatment at the end of fiscal 2019.

c. Journal Entries:

June 30, 2019:

Debit R&D expense $82m

Credit Total assets $64m

Credit Amortization Expense $18m

To correct the R&D amortization and inappropriate capitalization.

Explanation:

a) Data and Calculations:

30 June 2019:

Total assets = $280m

Net income = $20m

             Amortization      R&D              Amount

               Expense         Costs          Capitalized

2017             $0               $24m          $24m ($24m - $0)

2018            $8m             $30m          $46m ($24m - $8m + $30m)

2019           $18m            $36m          $64m ($46m - $18m + $36m)

Calculation of amortization expenses:

2017 R&D costs =  $24m/3 = $8m

2018 R&D costs = $30m/3 = $10m

2019 R&D costs = $36m/3 =$12m

8 0
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Mike Tyson earned about $200 million over his 15-year boxing career, but by 2003 he was in financial trouble. This is an example
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Mike Tyson earned about $200 million during his career. However, in 2003 he was in financial trouble. This an example of poor management skills. If he had of invested his money wisely. not spent his money on things not needed, and not overindulged in a lavish lifestyle, he would still have this money or more today. 
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Which sentence in the given text describes an element of the marketing mix that could help
vredina [299]

Answer:

C

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11 True or False: Alcohol has to be broken down by the digestive system. True OFalse​
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False.

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In a neoclassical economy, assume that the government lowers both government spending and taxes by $100 billion. If the marginal
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Answer:

rise by $40 billion

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3 years ago
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