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Question - The Company reported an allowance for doubtful accounts of P28,000 (credit) at December 31, 2018, before performing an aging of accounts receivable. As a result of the aging, we determined that an estimated P27,000 of the December 31, 2018, accounts receivable would prove uncollectible. Compute the adjusting entry required at December?
Compute the operating leverage factor when Flow Cruiselines sells 8750 dinner cruises. If volume increases by 7% by what percentage will operating factor increases?
Precor receives interest on the bonds semiannually each June 30 and December 31. What future cash inflows will precor receive
Briefly describe each of the following, and note how each differs from a conventional preferred stock.
on december 28 2013 tristar communications sold 15 units of its new satellite uplink system to various customers for
calcount pays a weekly payroll of 85000 that includes federal taxes withheld of 12000 fica taxes withheld of 6890 and
Dammam West Bank has an obligation to pay a fixed nominal amount of $ 150, 8 years from today. What is the current value of obligation
Assume that the project has average risk. Find the project"s expected NPV. (Hint: Use expected values for the net cash flow in each year.)
Compute the Basic Earnings per share. Show all calculations. Compute the diluted Earnings per share.
1.paige is employed as a nuclear engineer with atom systems consultants inc. asci. her annual salary is 70000. asci has
On December 31, 2016, Priestly Company purchased a controlling interest in Shelter Company for $1,060,000. Compute the noncontrolling interest percentage
Voice App is a midsize software company that specializes in voice recognition software. Due to rising costs of maintaining IT technical support, your director is considering outsourcing your technical support services. Currently, your technical supp..
the employees to receive benefits is 15 years. What is the amount of amortization to pension expense for the year
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