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Question - Brankov Company has current assets of $ 95000 and current liabilities of $110,000. The company decides to issue stock and receives cash of $100,000. After this transaction, the company's current ratio will be: (Round your final answer to two decimal places.)
A. 1.86
B. 0.86
C. 1.77
D. 0.91
Morgan's Rating Service has the following amounts at December 31: Common Stock, $1 par, Prepare the stockholders' equity section of the balance sheet
During 2012, Lorraine sold the following assets: business equipment for a $8,000 loss, stock investment for a $10,000 loss, and her principal residence for a $26,000 loss. how much of these losses may Lorraine claim on her 2012 return?
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Renfree Mines, Inc., owns the mining rights to a large tract of land in a mountainous area. Determine the net present value of the proposed mining project
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