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Problem 1: Rica paid P20, 000 annual premium on a life insurance contract which would pay her P1, 000,000 in case of her death. After paying for 4 years, Rica assigned the policy to Carlos for P120, 000. Compute the return on capital.
Prepare a statement of changes in equity for 2012. Additionally, describe what presentation differences there might be in the statement of stockholders' equity if McEquityCorporation reported using US GAAP.
Find What is the ROA for Wu's Tea Ltd? What would their ROA be if their investment in Unlucky Coffee Ltd was accounted for as a financial instrument?
Williams & Sons last year reported sales of $12 million, cost of goods sold (COGS) of $10 million, how much cash will be freed up
Prepare a EPS presentation that would be appropriate to appear on Ainsworth's 2018 and 2017 comparative income statements.
Which pro-rata share rights offer means that the offer? must be made to bond holders and shareholders who get their offer in before a cut-off date.
Does use of the reported net asset value of an investment company (fund) represent fair value for an investment in such entity in accordance with FAS 157?
Find the yield an investor would realize if coupon payments were reinvested at 10 percent. Preston Corporation has a bond outstanding with a $80 annual interest
Suppose that a project has an accounting rate of return = 50% and that the investment is $200,000. What is the average income earned by the project?
Journalize the exchange entry required if the dealer offers the TIA = $2,500 trade-in-allowances (TIA). Bumpy Company has an old machine that originally cost.
The market's required yield to maturity on a comparable-risk bond is 10 percent. The current market price for the bond is $1,070. Determine yield to maturity
Oriole Company just took its physical inventory. The count of inventory items on hand at the company. Compute the correct December 31 inventory.
Which of the following statements is not an advantage of a database?
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