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Do you agree with the assertion that we are now living great technological transformation the Knowledge Revolution? Have computers truly changed our lives so much that we can call this revolution like the Industrial Revolution of the 18th century?
on january 1 2015 newtune company exchanges 18430 shares of its commons stock for all of the outstanding shares of
Oxford Corporation began operations in 2012 and reported pretax financial income of $220,800 for the year. Oxford's tax depreciation exceeded its book depreciation by $36,800. Oxford's tax rate for 2012 and years thereafter is 30%.
on april 30 2014 tilton products purchased machinery for 88000. the useful life of this machinery is estimated at 8
The selling price of the goods is $1,500, and the cost to Diaz Company was $800. On September 8, De La Hoya returns defective goods with a selling price of $200 and a scrap value of $80. Record the transactions on the books of De La Hoya Company.
If you could pick a single source of cash for your business, what would it be? Why? How can a business earn large profits but have a small balance in Retained Earnings?
1.hill enterprises acquired a piece of machinery on january 3 2006. the total cost of the machinery was 138600. hill
What is the present value of a security that will pay $5,000 in 20 years if securities of equal risk pay 7% annually?
Sunrise Coffee estimated depreciation for office equipment as $100. The adjusting entry would include:
finlon upholstery inc. uses a job-order costing system to accumulate manufacturing costs. the companys work-in-process
Suppose you take out a $15,000 loan at a 8% nominal annual rate. The terms of the loan require you to make 12 equal end-of-month payments each year for 5 years and then an additional balloon payment of $5,000 at the end of the last month. What wil..
Southern Company's accountant failed to accrue as of 12/31/08 some employee fringe benefit program expenses that were incured in 2008 and that will be paid in 2009. The result of this ommision is to:
when a company sells the product for cash it generally recognizes the revenue. but therere situations when it isnt
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