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Question - Maitner Manufacturing agrees to manufacture bumper cars for 12 Lenapi Amusement Parks. Under the terms of the contract, 12 Lenapi will pay Maitner a total of $60,000, and 12 Lenapi can cancel the contract if it so chooses but must pay Maitner for work completed. Maitner believes that, if 12 Lenapi cancelled the contract, Maitner could sell the bumper cars to another amusement park and still make a profit. The manufacturing contract is expected to last six months, and as of December 31, 2018, the job is 80% complete. How much revenue should Maitner recognize in 2018 for this contract?
in washburns factory what is the break-even point for the new line of guitars if the retail price isa 349b 389 andc
Villa America Company reported net income of $85,000. The partnership agreement provides for salaries of $25,000 to S.Wiborg and $18,000 to G. Murphy.
Deana Moran is the owner of First Delivery Service. Recently, Deana paid interest of $3,600 on a personal loan of $60,000 that she used to begin the business. Should First Delivery Service record the interest payment? Explain.
you are a controller in a midsized manufacturing company that has acquired 100 of another company. the acquired company
Discuss some factors that health services managers must consider when choosing between debt and equity financing. Consider both investor-owned and not-for-profit firms in your answer.
If all of the ice stored in Antarctica and Greenland were to melt due to global warming, the World's oceans would rise by approximately 100m (330 ft.). Take a look at a relief map of the globe and briefly describe some of the major consequences..
This scatter diagram reflects past maintenance hours and their corresponding maintenance costs.
ferreri company received the following selected information from its pension plan trustee concerning the operation of
1. The trial balance of Speedy G Internet, Inc., at May 31, 2011, follows:
White corp, which had earnings and profits of $100,000, distributed a parcel of land to its sole shareholder, doug. the property had a FMV of $95,000 and an adjusted basis of $55,000. Doug assumed a $60,000 liability associated with the land. what is..
Brief Exercise 8-5 Mingenback Company has the following internal control procedures over cash disbursements. Identify the internal control principle that is applicable to each procedure.
department g had 3600 units 13 completed at the beginning of the period 12000 units were completed during the period
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