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Classify the following items as issuance of stock (I), dividends (D), revenues (R), or expenses (E). Then indicate whether each item increases or decreases stockholders' equity.
(1) Dividends (2) Rent Revenue (3) Advertising Expense(4) Stockholders invest cash in the business
Is the University discharged from its obligation of performancce? Is professor Glass discharged from his obligation of performance? Explain, citing the legal principles involved.
What general types of information must public companies regulated by the SEC disclose in their annual reports regarding their dividend policies? Why is this information important to potential investors?
accounting fundamentals based on accounting principles.presented below are the assumptions and principles discussed in
Selected balance sheet and income statement data for Green Tea, Inc., for the year ended December 31, 2011 are below. Illustrate what is the company’s times interest earned ratio?
Write paragraphs about the capital budget items needed for a startup organization - company and how much time do you think is needed in order to pay off the investment (capital) and gain a return.
marquette corporation a tax client since its creation three years ago has requested that you prepare a memorandum
Why might a company want to reduce its cash conversion cycle - How might a company reduce its cash conversion cycle?
stock investment transactions equity method and available for sale securitiesroman products inc. is a wholesaler of
Achieve maximum efficiency/lower costs it was desirable to run the extrusion machines for as long a period as possible (say on the 1-1/2" PVC pipe which is a standard for residential plumbing).
Identify symptoms of a lack of internal control. Explain the impact of the missing journal entry on the financial statements of the company.
How many preferred shares have been issued as of year-end 2007 and 2008 and How many common shares have been issued as of year-end 2007? As of year-end 2008?
Rice Co. exchanged merchandise that cost $24,000 and normally sold for $36,000 for a new delivery truck with a list price of $40,000. The delivery truck should be recorded on Rice's books
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