Illustration 2 The list of balance was extracted from the books of Dangme West District Assembly
December, 2018
GH.000
Bank
53.000
Petty cashier
2.000
Property rate
20.000
Penalties received-
-3,000
Licenses
22.500
Inventory
-15,000 P
Building and Structure
32,500
Basic rate
-12,400
Timber Merchants License
13.650
Fines
-9.700
Water rates
-4,500
Market fees
1,320
Sundry revenue
48.225
Work-In-Progress
48.500
Repairs to market facilities
3,600
Parks and recreational costs
7,500
Wages and Salaries
4.900
Remuneration to Assembly Members
11.250
Plant and Equipment purchased-
3,500
Interest on investment
2,780
Administration costs
7,770
Other recurrent expenditure
1.600
Trade earnings
6,000
Receipts from central government
45.780
Sundry expenses
-11,120
Investment - fixed deposits
+4.000
Staff and other advances--
-22.200
Creditors
-2.479
Loans given
35,460
208​

He aldermanalderman company has prepared a sales budget of 42 comma 00042,000 finished units for a 3-month period. the company has an inventory of 10 comma 00010,000 units of finished goods on hand at december 31 and has a target finished goods inventory of 11 comma 00011,000 units at the end of the succeeding quarter. it takes 44 gallons of direct materials to make one unit of finished product. the company has inventory of 64 comma 00064,000 gallons of direct materials at december 31 and has a target ending inventory of 53 comma 00053,000 gallons at the end of the succeeding quarter. how many gallons of direct materials should aldermanalderman company purchase during the 3 months ending march 31? select the labels and enter the amounts to calculate the direct materials (gallons) to be purchased.

You are chairman of the board of a successful technology firm. there is a nominal federal corporate tax rate of 35 percent, yet the effective tax rate of the typical corporation is about 12.6%. your firm has been clever with use of transfer pricing and keeping money abroad and has barely paid any taxes over the last 5 years; during this same time period, profits were $28 billion. one member of the board feels that it is un-american to use various accounting strategies in order to avoid paying taxes. others feel that these are legal loopholes and corporations have a fiduciary responsibility to minimize taxes. one board member quoted what the ceo of exxon once said: “i’m not a u.s. company and i don’t make decisions based on what’s good for the u.s.” what are the alternatives? what are your recommendations? why do you recommend this course of action?

Read the following paragraph, and choose the best revision for one of its sentences.dr. blake is retiring at the end of the month. there will be an unoccupied office upon his departure, and it is big in size. because every other office is occupied, we should convert dr. blake’s office into a lounge. it is absolutely essential that this issue is discussed at the next staff meeting. (a) because every other office is occupied, it’s recommended that we should convert dr. blake’s office into a lounge. (b) because every other office is filled, we should convert dr. blake’s office into a lounge.