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Question - A company reports its cost of goods sold as $15.0 billion in 2021. It has $2.9 billion in inventory and reports accounts payable at $1.2 billion at the end of 2021. At the end of 2020 ending inventory was reported at $3.1 billion and accounts payable was $1.4 billion. How much cash was paid to suppliers for 2021?
What are the differences between activity, spending, and revenue variances?
Express Co. purchased equipment on March 1, 2019, for $95,000 on account. Record the acquisition of the equipment on March 1, 2019
You own a restaurant and just negotiated a decrease in the cost of steaks by25 cents a steak. You normally sell 300,000 steak dinners ayear. Your business pays an average of 30 percent in income taxes. What is the annual tax cost of this increase ..
. front beam lighting company has the following ratios compared to its industry for 2010. front beam lighting industry
Use the details of Patti's new credit card, Patti charged $425 to her credit card last month. What is the first minimum payment she must make?
The estimated total costs to complete the project were $8,000,000. Prepare the entry to record construction costs of $4,800,000
a company reports the followingnet sales 900000average accounts receivable net 50000.determine the a accounts
Compute Dunne's U.S. tax liability after any available FTCs. Dunne's U.S. tax rate is 21%.Dunne paid $25,000 in Brazilian income taxes
Cassy Dominic, a marketing executive for Fresh Views Inc., has proposed expanding its product line of framed graphic art by producing a line of lower-quality.
Compute the annual depreciation expense throughout the five years of the equipment under each of the Straight-Line methods of depreciation
Genesis Gifts reported the following current-year data for its only product. Determine the cost assigned to ending inventory
Carina Co. Ltd. , Recoverable amount of the machine at 31 December, 2019 is $680,000, prepare journal entry (if any) relating to this.
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