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Question - Generate a Balance Sheet and give a brief report.
Accounts payable $35,600.00
Accrued wages 6,800.00
Cash 57,339.05
Computer equipment 16,859.00
Credit cards payable 5,000.00
Equipment/tools 21,450.00
Furniture 3,500.00
Income tax 8,900.00
Interest payable 8,700.00
Inventory 32,500.00
Loans 4,875.00
Petty Cash 5,500.00
Property and Land 6,300.00
Renovations/Improvement 5,300.00
Vehicles 6,400.00
Assuming that sales revenue increases by 20%, prepare variable cost income statement for each company. Calculate degree of operating leverage for each company
The inventory balance at January 1, Jan 31, Feb. 28 and March 31 were P175,000; P200,000; P200,000; and P215,000. What is the inventory turnover ratio?
What were the standard hours allowed for the year's production
Stock warrants to purchase 160,000 shares of Behrend Corp. common stock for $40/share. Determine diluted EPS
Explain the most appropriate auditor's opinion for DL for the year ended 30th June 2020. Justify all aspects of your response.
In a recent business transaction, land was exchanged for cash. Did the amount of cash in-crease or decrease - One entity sold land. The other entity bought land. For the entity that sold land, cash increased. For the entity that bought land, cash d..
stallman company took a physical inventory on december 31 and determined that goods costing 205390 were on hand. not
Prepared depreciation schedules for the Straight-Line methods. RFL Company purchases a factory machine at a cost of $18,000 on January 1, 2017.
What is the present value of a security that will pay $43,000 in 20 years if securities of equal risk pay 8% annually? Do not round intermediate calculations
You plan on sending your children to Humber College 18 years from now. What must your rate of return be to cover your child's education?
On November 1, Prince Vacuum Company offered special early retirement benefits to those employees who were eligible. This program was in effect until year-end. Prince should recognize a liability and an expense related to these special termination..
If Kroger had Whole Foods' number of days' sales in inventory, how much additional cash flow would have been generated from the smaller inventory relative to its actual average inventory position? Round interim calculations to one decimal place an..
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