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People magazine sells annual subscriptions. The magazine subscription fees are collected in advance and had a balance of $ 5,000,000 on December 31, 2015. The magazine received $3,500,000 in cash from subscribers in year 2016. Also, magazine subscription revenue reached $6,000,000 in the same year.
Question 1 : How much should People magazine report as the balance for magazine subscriptions collected in advance (i.e., unearned revenue) in its December 31, 2016 balance sheet?
show a production process for a product that you think would involve spoilage being sure to address the subsequent
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Would it be possible for calcor company to achieve the first two of Kuhn’s goals without achieving his third goal of a 30% return on average assets before interest and taxes? Explain
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How many units would need to be produced next year to meet this production goal? Ignore impact of accounts payable on plant utilization.
What is the effect of this transaction?
Determine stage 1's net cash flow from 2012 to 2020 (t0 - t8). Assume that the stage 1 project is judged as average risk. What are its stand-alone NPV, IRR, MIRR, and payback? Give your answers to at least one decimal place.
What are the three key dates for dividends? What are the journal entries, if any, for each date? What are the components of pension expense? Be sure and indicate if each component increases or decreases pension expense.
At acquisition date, all the identifiable assets and liabilities of Sterling Ltd were recorded at amounts equal to fair value except for: How should i write the acquisition analysis for the packing plant? And the BCVR journal entries?
Harris Fabrics computes its predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 35,000 direct labor-hours would be required for the period’s estimated level of production. Compute t..
An example of a management participation threat is:
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