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Omni Corporation's accumulated depreciation increased by $12,000, while patents decreased by $3,400 between balance sheet dates. There were no purchases or sales of depreciable or intangible assets during the year. In addition, the income statement showed a gain of $4,100 from the sale of land. Reconcile a net income of $50,000 to net cash flow from operating activities.
Through the year, Designs, Inc. made estimated tax payments of $1,500 each quarter to the IRS.
ethical dilemmawhats an expense?several years ago wilson blowhard founded a communications company. the company became
What is the amount of unrestricted Cash and Investments at 9/30/15 and what is the total amount of Net Position at 9/30/15?
A customer places 10 orders with a total direct cost of $3,000, orders 300 separate items, and makes 5 returns. Evaluate the customer be charged?
Construct Alpha's cash budget, income statement, balance sheet and statement of cash flow for April.
A bond with an annual coupon payment of $100 originally sold at par for $1,000. Market interest rates are currently 12%. This bond would be selling at a in order to compensate the purchaser for the below market coupon rate.
Explain the initial treatment of the fees received and their treatment over the next 3 months. For each part of this question you may assume that the services are being provided evenly over the three month period.
Explain how reported accounting numbers might affect an individual's perceptions and actions - market value instead of cost, large losses would have been reported earlier
FICA Tax Payable for 7.5 % of gross pay, credit Employees' income tax Payable for 15 percent of gross pay, and credit salaries payable for the net pay.
Write the journal entries for 20X2 on BID's books related to its investment In TIC Corporation, using the equity method.
Calculating EAC. You are evaluating two different silicon wafer milling machines. The Techron 1 costs $240,000, has a three-year life, and has pretax operating costs of $63,000 per year.
What kind of pension plan does Intel provide its employees - what was Intel's pension expense for 2011 and 2012?
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