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BluJay Aviation has allowed their clients to pay 30-60 days after services have been given. This causes their cash flow from operating activities to often be negative even though they are earning a profit. The economy has also made them nervous about collecting since a few businesses that use their services, especially the realtors, may not stay in business.
Discuss with your group the various options available to BluJay in this situation. Choose two options they might try to improve their cash flow and also advise them about the valuation of their accounts receivable.
if there is no stated par value, such as "no par" or "stated value of zero par," then do you still need to have the account of "additional paid-in capital in excess of par"? If not, Illustrate how do you account for this item, or do you?
Calculate the YTM and YTC under those conditions, and explain which you believe you would earn and why and what would be your estimate for the cost of new common equity?
A company shows a balance in Salaries and Wages Payable of $38,000 at the end of the month. The next payroll amounting to $48,000 is to be paid in the following month. What will be the journal entry to record the payment of salaries?
The accounting records of Dolphin Company revealed the following information: Dolphin's cost of goods sold is:
What are the major differences between these two? From the employer perspective, which one is better? How about from the employee perspective?
calculation of overhead cost per unit total overhead allocated to each product using traditional costing system and abc
What's wrong with not recording revenue when you haven't been paid? What happens if you record the revenue and never receive payment?
Determine the following amount of materials price variance to be prorated to complete goods inventory at Dec. 31
What are the main problems caused by worldwide accounting diversity for a multinational corporation?
janice morgan age 32 is single and has no dependents. she is a freelance writer. in january 2011 janice opened her own
Which journal entry reflects the following transaction?:
questionmercer mechanics offers a one-day sale on battery installation. during the progression of the day the mechanics
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