Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question 1: Magnani Music sells used CDs for $2.00 each. During the month of April, Magnani sold 8,750 CDs for cash and 15,310 CDs on credit. Magnani's cash collections in April included the $17,500 for the CDs sold for cash, $10,300 for CDs sold on credit during the previous month, and $9,850 for CDs sold on credit during April. How can calculate the amount of revenue recognized in April under the cash basis and accrual basis of accounting?
Suppose at December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturer Oakley Inc.: ending inventory $153,244; beginning inventory $111,964; cost of goods sold $324,929 and sales revenue $803,091. ..
Lembro, Inc., a manufacturer of auto accessories, currently produces two product lines of universal car mats at its Poughkeepsie Plant:(1) rubber all-weather car mats and (2) carpeted car mats. Complete the percent of sales column of following income..
Define and discuss cash equivalents and provide three examples.
TRANSFER PRICING AND RESPONSIBILITY CENTERS. Summarize the financial effects for the three divisions and the company as a whole in another table.
This loan was outstanding during the construction period. The company also had $13440000 in 7% bonds outstanding in 2017 and 2018.
Deflorio Corporation's inventory at the end of Year 2 was $165,000 and its inventory at the end of Year 1 was $150,000. The company's total assets at the end of Year 2 were $1,466,000 and its total assets at the end of Year 1 were $1,416,000. Sales a..
In 20X1 the partnership sustained a $33,000 loss before interest and salaries to partners. By what amount should Fox's capital account change? $7,000 increase.
The year-end market price per common share was $12 and there were 425,000 weighted-average shares of common stock outstanding. Calculate company's price-earnings ratio.
You have been asked by the CFO of the company where you work or previously worked to evaluate the use of a professional service organization for processing the company’s payroll. Identify the top-three issues that should be discussed when considering..
At the end of each year, Gibson still owned 30% of the goods. Net income for Sparis was $912,00 during 2011. What was the noncontrolling interest's share of Sparis net income for 2011?
Mr. Smith signed a one year rental agreement he was required to pay 8000 for rent for the months of April 1 2016- June 30 2016. You arranged for for a liability insurance policy and paied 3,600 to state farm. This is a 12 month premium coverage. Mr. ..
After reviewing the Notes to the Financial Statements, I did not find anything that was of concern to me but I did find it quite interesting that the Melbourne International Airport operates as an individual entity that is financially self-sustaining..
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd