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Question - Assume the following data for Interactive Technology and Silicon Software.
Interactive Technology (IT) Silicon Software (SS)
Net income $31,200 $140,000
Sales 317,000 2,700,000
Total assets 402,000 965,000
Total debt 163,000 542,000
Shareholders' equity 239,000 423,000
Required - Compute return on shareholders' equity.
The underlying rationale for the alimony rules is that: 1. The fruit and tree metaphor should be rigorously applied.
Compute the break-even point in pesos. Forbes Company's product sells for P16 and has a variable cost per unit of P12. Fixed costs are P120,000.
If total assets decreased $81,000 and owner's equity increased $86,000 during the year, what is the amount of total liabilities at the end of the year?
Wildhorse Corporation reported net income of $359,700 in 2017 and had 54,800 shares of common stock outstanding throughout the year.
the following data are available for quarter company. increase in accounts payable 120000 increase in bonds payable
Preparation of financial analysis report
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How much should Shirley include in income if $12,300 of Lanny's payments is designated as "nonalimony" in the divorce decree
During 2017, ABC wrote off P7,000 in receivables, what amount of allowance for uncollectible accounts should ABC report at December 31, 2017
The Contra Costa Times Company reported a $17,200 liability, What is liability amount for deferred subscription revenue that will appear in 2019 balance sheet
you work for dowling inc. which is considering a new project whose data are shown below. what is the projectu2019s year
Prepare an income statement for March, a retained earnings statement for March, and a balance sheet as of March 31. Prepare a statement of cash flows for March
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