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Given the persistent problem with starvation in some parts of the world, and the anticipated population growth in developing nations, do we need genetically modified foods? Is it really a problem with supply, or is it a distribution problem? How would you characterize the politics of food?
the following are preliminary financial statements for black co. and blue co. for the year ending december 31 2009.
After Tiger released its 2010 financial statements, the company's stock was trading at $17. After the release of its 2009 financial statements, the company's stock price was $12 per share.
Goofy reclassified this investment as trading securities in December of 2011 when the market value had risen to $125,000. What effect on 2011 income should be reported by Goofy for the Crazy Co. shares?
Prepare the journal entry to record pension expense and the employers' contribution to the pension plan in 2011.
What are the limitations of using ratios for financial statement analysis? What are the benefits?
Cypress Corporation has regular taxable income of $170,000 (assume annual gross receipts are greater than $5 million) and regular tax liability of $49,550 for 2010.
assume that you are a ceo of a medium-sized company that needs a significant influx of cash for several expansion
consider some bonds with one annual coupon payment of 7.25. the bonds have a par value of 1000 a current price of 1125
The lease will run for five years and the payments are $900 per month. During 2009, she uses her car 20% for business and 80% for personal activities. Assuming the dollar amount from the IRS table is $233, determine Lana's deduction for the lease ..
The deferred income tax liability: a. Represents income tax payments that are deferred until future years because of temporary differences between GAAP rules and tax accounting rules. b. Is a contingent liability.
Distinguish general revenue from progam revenue. Provide several example of each.
You borrow $165,000 to buy a house. The mortgage rate is 7.5 percent and the loan period is 30 years. Payments are made monthly. If you pay the mortgage according to the loan agreement, how much total interest will you pay?
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