What was Baxter ' s inventory turnover for the year ending December 31 ?
Question 29 :
In financial reporting of segment data , which of the following must be considered in determining if an industry segment is a reportable segment ?
Question 30 :
Included in the total profit and loss is interest expense of $ 10,000 . In addition , Riley has $ 1,500 of interest income for its reportable segments that is not included in the reports used internally . For purposes of segment reporting , Riley should report segment profit of
Question 31 :
Bard Co ., a calendar-year corporation , reported income before income tax expense of $ 10,000 and income tax expense of $ 1,500 in its interim income statement for the first quarter of the year . Bard had income before income tax expense of $ 20,000 for the second quarter and an estimated effective annual rate of 25 %. What amount should Bard report as income tax expense in its interim income statement for the second quarter ?
Question 32 :
December 31 , 2005 , all cash was used to reduce accounts payable . How did these cash payments affect the ratios ?
Question 33 :