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Question - The current asset of Bulldogs Inc. comprises only of cash, accounts receivables, and inventory. The firm has a current ratio of 2, and a quick ratio of 1.8. The total liabilities of the company are P40,000 on which 50% is current. How much is the cash of Bulldogs Inc. if the accounts receivable balance shows a balance of P56,000?
Prepare a flexible budget for 12,000, 15,000, and 18,000 filing cabinets for the month of October 2012, assuming that inventories are not significant
the wood division of fir products inc. manufactures rubber moldings and sells them externally for 55. its variable cost
The company uses the FIFO cost flow assumption .
How to Identify the type of audit objective and type of audit procedures. Provide your reason regarding audit objective and audit procedures you have chosen
ott purchased 11 shares of happy new year amp co. stock on january 3 20x1 at 20 a share to celebrate the new year and
LL earned a gross profit of 40% on the widgets. Both companies are taxed at 30%. What is the amount of after-tax inventory profit
Landry's Restaurants reported cost of goods sold of $322 million and accounts payable of $83 million for 2003. In 2002, cost of goods sold was $258 million and accounts payable was $72million. What was Landry's accounts payable turnover ratio in 2..
What are the business costs or risks of poor data quality? Support your discussion with at least 3 references. What is data mining? Support your discussion.
A and B each contribute $100 cash to the AB partnership, which uses the cash to buy land. What would happen if the partnership then sold the land for $300
Which costing system would be most appropriate for ZZZ Socks Ltd: Job costing or Process costing. Provide a reason for your choice of costing system
Discuss the importance of accounting independence in accounting information systems. Give an example of where this concept is important.
Realized gain on sale of available -for-sale debt securities 12,000. Determine other comprehensive income for 2018
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