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Show that any rational number a/b , between 0 and 1, can be written as an Egyptian fraction. Can an irrational number between 0 and 1 ever be expressed as an Egyptian fraction? Why?
Your trust fund will pay distribute $60,000 per year over the next 20 years. Using a 10% rate of return, what is present value of the distributions?
Sinking fund payments for issue of debentures - Which of the two methods should Carter use to meet the current sinking-fund payment due shortly and find the market price of the bonds be?
Purpose the journal entries that Big made through the year because of its investment in Little, you must use the same technique as you did in part a
William Nowland’s filing status is qualifying surviving spouse. His taxable income for 2011 is $76,000. Included in that amount is $5,000 of qualified dividends. Explain how much federal income tax does he have to pay for the year
How much cash was collected from customers during the period and When preparing a bank reconciliation, which of the following items should be added to the book balance?
The 2010 income statement showed interest revenue in the amount of $4,900. You are to provide the missing adjusting entry that must have been made, assuming reversing entries are not made. For each journal entry write Dr for debit and Cr for credi..
You are the forensic accountant for Jamestown Electric. What are the accounting issues in this case? What are the damages in this case? What documents and other information do you intend to seek? Illustrate what is the basis for your opinion?
Pretax accounting income includes interest revenue from municipal bonds (not taxable). This interest revenue is $25,000 in 2010, $30,000 in 2011, and $32,000 in 2012. The enacted tax rate is 40%. Create the journal entry to record income taxes for ..
Clydes marina has estimated that fixed costs per month are $300,000 and variable cost per dollar of sales is $0.40. Illustrate what is the break -even point per month in sales dollars?
Assume that Rosanne Madden, CPA, is using 5% of net income before taxes, current assets, or current liabilities as her major guidelines for evaluating materiality. What qualitative factors should she also consider in deciding whether misstatement..
digging foundation for the road, $3,000; laying and paving driveway, $25,000; lighting $7,500; signs $1,500. list out the items and amounts that should be included in the land account
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