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Question - JK Inc pursued a project that will demand P1M outlay. The following are balances of its accounts.
Cash 100,000
Accounts Receivable 250,000
Inventory 300,000
PPE 550,000
Accounts Payable 200,000
Long Term Loan 500,000
It has 20,000 ordinary shares outstanding, and R/E of 20,000php after declaring 1.2php dividend per share.
If it decides to finance 60% of the project by equity, how many new shares ought to be issued?
if accounts receivable have a balance of 6010342 sales are 7042913 allowance for doubtful accounts has a credit balance
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Keto Grocery Store sells 450 gallons of milk each month. The average on-hand inventory is 20 gallons. What is the inventory turnover
ACC545 Financial Reporting Assignment Help and Solution, University of Phoenix, USA. Prepare the journal entries to record tax expense in 2018
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on january 1 2011 the topsy turvy amusement park inc. had 750000 shares of no-par common stock outstanding for 1000000
graz school district accepts donations that are used to provide awards to graduating seniors. record the following
Prepare a sales budget for the LA Babycakes store for the 4th quarter of 2016. Present the number of units, sales price, and total sales for each month
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What is meant by a product's contribution margin ratio. How is this ratio useful in planning business operations
Discuss the advantages of a convertible bond from the standpoint of 1) the bondholder and 2) the issuing corporation
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