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Candance Hassell and Abby Lawson formed a partnership investing 240000 and 80000 respectively. Determine their participation in the year's net income of 200000 under each of the following independent assumptions: divided in their ratio of original capital investment. How I get the original ratio?
wathan inc. sold 180000 in inventory to miller co. during 2008 for 270000. miller resold 108000 of this merchandise in
in a chlorine-fluxing installation in a large aluminum company engineers are considering the replacement of existing
the durn company began operations at the beginning of 2010. at the end of 2010 the company reported taxable income of
Describe how the authoritative literature addresses comprehensive income. Describe three classifications within net income and give an example of each. Describe three classificiations within other comprehensive income and give an example of each.
three rs co. was established on jan 20 2003 to provide educational services. the services provided during the remainder
At the beginning of the year, Albers, Inc., has total stockholders' equity of $840,000 and 40,000 outstanding shares of a single class of capital stock.
what is the purpose of engagement planning? what critical information should the auditor consider during engagement
a factory machine was purchased for 60000 on january 1 2010. it was estimated that it would have a 12000 salvage value
prairie fire snowmobile corp. manufactures and sells snowmobiles in wisconsin minnesota and the dakotas. a publicly
on june 15 2013 sanderson construction entered into a long-term construction contract to build a baseball stadium in
from the balance sheetcash.............................................................30000 accounts
1.on september 10 2010 an investor purchased 1000 shares of melon corporation for 10000. on july 2 2011 the stock
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