Harbor company reported net income of 90000 for the year

Assignment Help Accounting Basics
Reference no: EM13604989

Harbor company reported net income of $90,000 for the year ended December 31, 201X. During the year inventories decreased by $12,000, accounts payable decreased by $18,000, depreciation expense was $20,000 and a gain on disposal of equipment of $9,000 was recorded

Reference no: EM13604989

Questions Cloud

Calculate ending inventory cost of goods sold gross profit : you have the following information for mchugh inc. for the month ended october 31 2010. mchugh uses a periodic method
Ricardo and jane are standing under a tree in the middle : ricardo and jane are standing under a tree in the middle of a pasture. an argument ensues and they walk away in
Garr co issued 5000000 of 12 5 year convertible bonds on : garr co. issued 5000000 of 12 5 year convertible bonds on december 1 2010 for 5020800 plus accrued interest. the bonds
If the charge q is produced by adding electrons to the mass : a 11.9-g mass is suspended 1.47 cm above a nonconducting flat plate directly above an embedded charge of q.a if the
Harbor company reported net income of 90000 for the year : harbor company reported net income of 90000 for the year ended december 31 201x. during the year inventories decreased
Calculate ending inventory cost of goods sold gross profit : you have the following information for mchugh inc. for the month ended october 31 2010. mchugh uses a periodic method
In fair weather over flat ground there may be a downward : in fair weather over flat ground there may be a downward electric field of 155 nc. a assume that the earth is a
Under the indirect method when accounts receivable decrease : under the indirect method when accounts receivable decrease during the period question 8 options revenues on a cash
Compare the two alternatives making reasonable and : a certain industrial process requires a steady stream of saturated vapor steam at 200 kpa at the rate of 2 kgs. there

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd