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Problem 1: Salleh bought a computer for RM5000 through an instalment purchase. He paid RM1000 down payment and loan was taken for 12 monthly instalment. The interest charged is 12% per annum on the reducing balance. By using the ANNUITY method finthe total interest charged
(A) RM264.80
(B) RM246.80
(C) RM266.80
(D) RM256.80
how many days does Ken Company have from the date of purchase before the payment is considered to be late? Days
Prepare the stockholders' equity section of the balance sheet as of 12/31/08. See the data below for Alyssa Corporation as of 12/31/08.
On this date, Willy exchanged its land and paid P400000 cash for the land owned by Mally. At what should Willy record the land acquired in the exchange?
What is Pelician's EPS under the second structure, it it's EBIT is $90 million? What is Pelician's EPS under the first structure, it it's EBIT is $90 million?
The lender requires an origination fee of $2,500 plus $ 250 for incidental closing costs if the new loan is made. Should the borrower refinance
What would be the percentage change in the return on the stock if the return on an average stock increased by 30 percent while the risk-free rate
Which Economies of scale refers to the fact that, for many goods? firms hiring many workers are more efficient than firms hiring fewer workers
Imagine that one of your colleagues has offered you the opportunity to become a partner in a new business venture. The colleague stipulates that due to your past relationship, there is no reason to draw up a partnership agreement. Discuss the pros an..
What would be the consolidation entries? On 1 January 2015, Fluffy Ltd sold an item of inventory to Glider Ltd for $18 000. The inventory had cost Fluffy Ltd
Issued share capital on 1 July x4 comprises 2 million ordinary shares and RM500,000 7% preference shares. Compute the diluted EPS for the current year
Construct an Excel spreadsheet to solve the preceding requirement. Show how the solution will change if the following information changes: actual output was 13,350 cases, and actual variable overhead was $609,000.
Berg Tooling reports net sales of $415,000, gross profit of $267,000, and net income of $24,000. The company's cost of goods sold is
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