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Short summary about Canon Inc. and Eastman Kodak Co. Obtains any of its financing from long term liabilities for example bonds payable or long term notes payable. Does the company have any other long term liabilities that an investor would be interested in knowing about? What is a debt to equity ratio and discuss how the ratios compare and what this may mean for each company?
Assume that at January 1,2012 the carrying amount of the patent on Celine Dion's books s $43,200. In January, Celine Dion spends $24,000 successfully defending a patent suit. Celine Dion still feels the patent will be useful until the end of 2019...
What is the difference between cash and accrual accounting? Which basis of accounting do most companies use, cash or accrual? Why? Which method is approved by GAAP? Why?
since it was organized in march 19x1 block inc. has had 5000 outstanding shares of 100 par value 7 preferred stock and
On February 4, Cinderella Rocks Inc., a marble contractor,issued for cash 30,000 shares of $20 par common stock at $64, and on March 31, it issued for cash 18,000 shares of $75 par preferred stock at $90.
After all noncash assets are sold and all liabilities are paid, there is a cash balance of $130,000. What amount of loss on realization should be allocated to Soledad?
listed below are nine technical accounting terms1. cost volume profit analysis2. contribution margin ratio3. variable
What would be the effect of the project on 2009 operating income under the percentage-of-completion method and the completed contract method?
the cost accountant for a drug company has informed you thatthe companys materials quality variance for a allegra was
on january 1, 2011, Sesame revised these estimates to a total useful life of 4 years and a salvage value of $10,000. Prepare Sesame's enty to record 2011 depreciation expense.
Discount-mart issued ten thousand $1000 bonds on January 1, 2009. They have a ten-year term and pay interest semiannually. This is the partial bond amortization schedule for the bonds.
How many of the above items will appear as a cash inflow from investing activities on a statement of cash flows for the current year?
smith co. bought a window franchise from paine inc. on january 2 2008 for 100000. a highly regarded independent
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