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Problem - Teri owned 3 businesses and rental properties. Her hair salon(participated 200 hours) had a 32000 net loss. All of the employees of the salon worked more than 600 hours.
Also owned a coin laundry and did not participate over 100 hours. It had a net loss of 14500.
She also had a flower shop with net income of 45000 and participated over 1000 hours.
None of the businesses was located within half mile of each other.
She got dividends of 12000 from IBM stock, and interest of 14000 from her AT &T bonds.
She had a net loss of 18000 from her real estate rentals where she was a active participant.
Compute her Adjusted income.
Included in Martinez Company's December 31 trial balance is a note receivable of $10,000. The note is a 4-month, 12% note dated October 1.
1. Prepare a comparative income statement for the two-year period, presenting an analysis of each item in relationship to net sales for each of the years. Round to one decimal place.
Research Problem 1. Murray reported to the Environmental Protection Agency that his employer was illegally dumping chemicals into a river. His charges were true, and Murray's employer was fined.
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For each report below, indicate whether the report is likely to be for internal or external users (some reports may be both), and whether data would come exclusively from the general ledger. The format would be
Is it ethical to evaluate managers in the way described? DISCUSS and Explain. Discuss one or more safeguards the company could build into its system to ensure the ethical treatment of employees.
most people do not understand that each set of alternatives to any action will cost some price. the important thing to
write a 1050- to 1400-word paper in which you select an organization with which you are familiar and present the
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