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Question 1: Calculate daily sales receivable for 2017, account receivable turn over and other ratios, the excel file is not marking my answers as good. formulas on the book, like for daily sales receivable= gross receivables/(net sales/365). Account receivable turn over= net sales/average gross receivable
aerotoy company makes toy airplanes. one plane is an excellent replica of a 737 it sells for 5. vacation airlines wants
S. Company exchanged 400 shares of Daily Company common stock, which Herman was holding as an investment, for equipment from West Company. What journal entry should Herman make to record this exchange?
Question - Osage Corporation issued 1,800 shares of stock. Prepare the entry for the issuance under the following assumptions
Identify the types of descriptive statistics that might be best for summarizing the data, if you were to collect a sample.
(Recognition of Revenue on Long-Term Contract and Entries) Hamilton Construction Company uses the percentage-of-completion method of accounting.
Prepare the Statement of Comprehensive Income, Statement of Financial Position, Statement of Capital and Statement of Cash Flows.
The University Credit Union (UCU) has engaged your services to determine the cost of its various activities. Compute cost per deposit and cost to process
Western Bank & Trust purchased land and a building for the lump sum of $3 million dollars.
assume that simple co. had credit sales of 259000 and cost of goods sold of 159000 for the period. simple uses the
b. j. ortiz wholesale corp. uses the lifo method of inventory costing. in the current year profi t at b. j. ortiz is
Goofy reclassified this investment as trading securities in December of 2009 when the market value had risen to $125,000. What effect on 2009 income should be reported by Goofy for the Crazy Co. Shares?
1. You are the radiology manager. You have 8 x-ray patients arriving every hour and a mean service rate of 12 per hour. What is your capacity utilization? What is the average wait time? What is the average time in the system?
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