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Problem 1: Swifty Cruises purchased a five-year insurance policy for its ships on April 1, 2020 for $51200. Assuming that April 1 is the effective date of the policy, the adjusting entry on December 31, 2020 is
Pension data for Fahy Transportation Inc., Assuming cash contributions were made at the end of the year, what was the amount of those contributions?
Ribbon Company issued 10,000 of its 6% preference share; par P100, What portion of the proceeds should be credited
An entity has determined that its fine China Division is cash generating unit. The entity calculated value, How much shall be credited to the Inventory account?
Prepare journal entry to reimburse it on January 8. Create a journal entries to both reimburse the fund and increase it to $240 on January 8, assuming no entry
Klatle Investments Corp. owns 100% of the shares, What is the total value of LSI using the replacement cost method for the common shareholders at this time?
A project has an initial cost of $1,000, expected cash flows of $450 per year for 3 years from year 1 to year 3. What is the project's MIRR
What makes the cost-benefit analysis more difficult for information systems than most other investments an organization may make?
Company A and Company B each borrow $2,400 from the bank. Company A signed a 90-day, 10% note. Company B signed a 120-day, 9% note. How will each of these companies record these events in their respective general journals on the day the money was bor..
The noncash assets are sold for P 800,000, with P 210,000 of this amount being used to pay liquidation expenses. How much of the cash must Albert receive
If you invested 25% or your portfolio in XYZ company's shares, and the remainder in a market portfolio, what would be the beta of your entire portfolio?
What is the CORRECT course of action that Orlo must take? Orlo is a licensed insurance agent and he meets with a new client who applies for a critical illness.
the growth rate will be 6% forever. If the dividend per share last year was Rs. 2 and the investors required rate of return is 10% pa, what is intrinsic price per share or the worth of one share.
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