Stevenson, ross, and warner (srw) maddie is the ceo of stevenson, ross, and warner (srw), a regional accounting firm. srw offers services in most areas of accounting, including auditing and consulting services. the firm must follow the gaap rules, just like any other accounting firm. if there are information gaps that are not addressed and resolved by the firm, srw could be considered a violator of the sarbanes-oxley act. maddie understands what must be done and wants every employee of the firm to understand that they have to follow all the rules and regulations. like any other industry, accounting is a competitive industry and employees of accounting firms must be productive, progressive, and well trained. refer to stevenson, ross, and warner. one of srw's clients is abc electronics. srw develops abc electronics' statements and reports for abc's stockholders, financial analysts, and bankers. these services can be classified as which of the following? a. non-accounting servicesb. tax accountingc. financial accountingd. managerial accountinge. cost accounting

Salt corporation's contribution margin ratio is 78% and its fixed monthly expenses are $30,000. assume that the company's sales for may are expected to be $89,000. required: estimate the company's net operating income for may, assuming that the fixed monthly expenses do not change.

The east asiatic company (eac), a danish company with subsidiaries throughout asia, has been funding its bangkok subsidiary primarily with u. s. dollar debt because of the cost and availability of dollar capital as opposed to thai baht-denominated (b) debt. the treasurer of eac-thailand is considering a 1-year bank loan for $247,000.the current spot rate is b32.03 /$, and the dollar-based interest is 6.78% for the 1-year period. 1-year loans are 12.04% in baht. a. assuming expected inflation rates of 4.3 % and 1.24% in thailand and the united states, respectively, for the coming year, according to purchase power parity, what would the effective cost of funds be in thai baht terms? b. if eac's foreign exchange advisers believe strongly that the thai government wants to push the value of the baht down against the dollar by5% over the coming year (to promote its export competitiveness in dollar markets), what might the effective cost of funds end up being in baht terms? c. if eac could borrow thai baht at 13% per annum, would this be cheaper than either part (a) or part (b) above?

Lucy is catering an important luncheon and wants to make sure her bisque has the perfect consistency. for her bisque to turn out right, it should have the consistency of a. cold heavy cream. b. warm milk. c. foie gras. d. thick oatmeal.