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Converting from Cash Flows to Revenues and Expenses
Determine the amounts of revenue or expense associated with each of the following cash flows:
1. Cash received from customers was $8.5 million; accounts receivable increased by $1.6 million.
2. Paid salaries of $3 million; salaries payable decreased by $.6 million.
3. Paid cash of $4.5 million to suppliers; supplier accounts payable increased by $.5 million. Inventories decreased by $1 million.
Average rate per page as a dollar and percentage and does the report indicate any cause of managerial investigation?
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Prepare a contribution format income statement - Calculate the incremental net operating income
What is the amount of under- or overapplied overhead at December 31 and compute the manufacturing overhead rate for the year. (Round answers to 2 decimal places, e.g. 1.25.)
Prepare the annual year-end adjusting journal entries at December 31 - A The trial balance of Caribbean Vacation Tours
question 21several years ago blaha company buys husker company as a subsidiary. at that time blaha recorded goodwill of
Prepare a compelling argument to convince a company's partners
Suppose 200,000 units are sold, but only 20,000 are deluxe. Compute the operating income. Compute the breakeven point if these relationships persist in the next period.
Lucy Treasures operates a chain of gift shops. The company pays liability insurance premiums of $2,500 per year for each shop. The managers of each shop are paid a salary of $3,000 per month and all other employees are paid on an hourly basis.
you have been given the following information for ethan company as of june 1 2010. ethan company purchased a parcel of
Post the transactions to T accounts. Be sure to enter the beginning cash and common stock balances and prepare the income statement through gross profit for the month of April 2012.
Prepare a statement of cash flows for the year ended December 31, 2011, using the indirect method.
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