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1.On January 1, 2004, Creative Works Inc. had cash and common stock of $60,000. At that date the company had no other asset, liability or equity balances. On January 2, 2004, it purchased for cash $20,000 of equity securities that it classified as available-for-sale. It received cash dividends of $3,000 during the year on these securities. In addition, it has an unrealized holding gain on these securities of $5,000 net of tax. Determine the following amounts for 2004:
(a) Net income; (b) Comprehensive income; (c) Other comprehensive income; and (d) Accumulated other comprehensive income (end of 2004).
What factors would cause Russian labor productivity to be a third of U.S. labor productivity? The article notes that one cause of low Russian productivity is "just bad management." Why might Russian businesses suffer from bad management?
payment inc. is preparing its cash budget for february. the budgeted beginning cash balance is 23000. budgeted cash
How much will your portfolio be worth in 10 years? In 20 years? When you stop working? The Human Resource department at EcoCarnifex Corporation was asked to develop a financial planning model that would help employees address these questions.
Several accounts receivable in the accounts receivable master file are not included in the aged trial balance.
the following information is available for partin company.sales598000sales returns and allowances20000cost of goods
Prepare journal entries to record these transactions on Clayco Company's books.
the occurrence that most likely wold have no effect on 2010 net income is thenbspastock purchased in 1996 deemed
For tax purposes a partnership and a corporation are treated in an identical manner
john owns 30 of outstanding stock of wally and has the ability to significanlty influence the investees operations and
the predetermined manufacturing overhead rate is 10 per direct labor hour 15.00 divide 1.5. it was computed from a
you are making a detailed analysis of the financial statements and accounting records of two companies adams company
jon had adjusted gross income of 25000 in 2009. during the year he incurred and paid the following medical
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