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During the year, credit sales amounted to $800,000. Cash collected on credit sales amounted to $760,000, and $18,000 has been written off. At the end of the year, the company adjusted for bad debts expense using the percent-of-sales method and applied a rate, based on past history, of 2.5%. The ending balance of Accounts Receivable would be?
on october 10 the board of directors of pattern corporation declared a 10 stock dividend. on october 10 the company had
at the beginning of the year fun ships cruises line purchased a cruise ship at a cost of 55 million. fun ships expects
Let's discuss the various capital budgeting methods most often used, such as the payback method, the accounting rate of return, net present value, and internal rate of return. Which of these methods are discounted and which are not? What are some ..
describe how or why integer programming or goal programming or nonlinear programming choose one might be used in a
What are the names of the two methods for treating the pre-acquisition revenue and expense items of a subsidiary purchased during a fiscal period?
the comparative balance sheets for ashley company as of december 31 are presented below.ashley companycomparative
Choose a public company financial statement - 10k or annual report. Review the footnote disclosures related to intercompany activity. How important is this activity to the consolidated group? Where do you find this information? Be sure and post a ..
how chemicals company acquires a delivery truck at a cost of 31000 on january 1 2014. the truck is expected to have a
What is the purpose of the "Accumulated Adjustments Account" (AAA)? What types of items increase it or decrease it?
On the basis of the following data, what is the estimated cost of the merchandise inventory on May 31 by the retail method?
if you were in a partnership and a new partner was entering and you had to state all assets at current market prices
Compute the project profitability index for each investment proposal. (Round your answers to 2 decimal places.)
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