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1.Prescrip Co. began operations in 2012. The cost and fair values for its long term investments portfolio in available for sale securities are shown below. Prepare Prescrip's December 31, 2013, adjusting entry to reflect any necessary fair value adjustment for theseinvestments.
madison companys variable costs are 25 of sales. its selling price is 150 per unit. if weed sells one unit more than
the inventory accounts for billings incorporated for the years ending december 31 2011 2012 and 2013 are shown in the
the company had an accounts receivable balance of 60000 and an allowance for uncollectible accounts balance of 550
Compute the amount of net sales and determine how much cash was collected from sales
ted is an agent for waxwing corporation an airliner manufacturer and is negotiating a sale with a representative of the
the payroll of grich company for september 2014 is as follows. total payroll was 960000 of which 220000 is exempt from
on october 31 2015 the bank statement for the checking account of greater media shows a balance of 11570 while the
Given the probability of the required contingency payment and utilizing a 4% discount rate, the expected present value of the contingency is $5. Compute consolidated buildings at date of acquisition
Select 2 companies in the same industry. Using the Internet, conduct research to find the companies' current balance sheets, explain their capital structure, and calculate their EPS.
Learned Corporation recorded the following transactions for the just completed month.
On April 1, 2007 when the machine has a market value of 27,500, it is exchanged for a machine with a fair value of 135,000 and the proper amount of cash is paid. The exchange lacked commercial substance.
quick sale real estate company is planning to invest in a new development. the cost of the project will be 23 million
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