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Determine the interest payment for the following three bonds: 3 ½ percent coupon corporate bond (paid semi-annually), 4.25 percent coupon Treasury note, and a corporate zero coupon bond maturing in 10 years. (Assume a $1,000 par value.)
Olivia, a calendar year taxpayer, does not file her 2010 return until December 12, 2011. At this point, she pays the $40000 balance due on her 2010 tax liability of $70000.
As the U.S considers the adoption of IFRS, changes exist between presentation and disclosure in current U.S GAAP and IFRS. Based on your research, what are some of the similarities and differences between U.S. GAAP and IFRS?
1. Prepare the journal entries to correct the errors (ignore income taxes). 2. Prepare the journal entries to record 2009 depreciation for any assets record in requirement.
If a gain of $7,000 is incurred in selling (for cash) office equipment having a book value of $55,000, the total amount reported in the cash flows from investing activities section of the statement of cash flows is
How do you compute total cost of goods in process/finish goods inventory?
calculate eps reported before stock split andstock dividend.during the fiscal year ended september302009 worrell inc.
Last month when Harrison Creations, Inc., sold 40,000 units, total sales were $300,000, total variable expenses were $240,000, and fixed expenses were $45,000.
Dublin Co. holds a 30% stake in Club Co. which was purchased in 2011 at a cost of $3,000,000. After applying the equity method, the Investment in Club Co. account has a balance of $3,040,000. At December 31, 2011 the fair value of the investment i..
disclosure notes related to a change in accounting principle under the retroactive approach should include1the effect
Demonstrate the ability to employ critical thinking, analytical problem-solving skills and ethical decision-making techniques to resolve complex accounting and business issues within the context of the internal enterprise structures and external i..
Calculate the employer's payroll taxes, using the following rates: state unemployment, 4.3% federal unemployment, 0.8%. Illustrate the effects on the accounts and financial statements of recording the accrual of payroll taxes.
write a 700- to 1050-word paper in which you do the followingidentify the four basic financial statements.describe the
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