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Question - Partners Baba and Bubu share profits 7:6. Bubu is to receive a yearly bonus of 31.5% of the net profits after deducting said bonus, in addition to his profit share. The net income of the partnership for the year was P197,250 before the bonus. How much total profit share will Bubu receive?
Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost
In Mordica Company, total material costs are $40,500, and total conversion costs are $53,000. Compute the unit costs for materials and conversion costs
Prego Company exchanged 11,880 of its $20 par value common shares with a fair value of $50 per share for 90% of the outstanding common shares of Sprague Company. The transaction is a purchase.
Benny sells an apartment building. His adjusted basis for regular income tax purposes is $450,000, Calculate Benny gain for regular income tax purposes
What are the effects of relevance and reliability of financial information on the main diagonal probabilities of the information system?
A NSF check from a customer, not yet recorded by the company $1,320. The adjusted cash balance should be
Proceeds from issuance of common stock $ 793000. How do you determine the operating finance activities out of the group
levine company uses the perpetual inventory system and allows customers to use two credit cards in charging purchases.
hannah was focusing on franchising as his choice of entry. what other entry modes are there? what are the strengths and
the management of an amusement park is considering purchasing a new ride for 400000 that would have a useful life of 5
what is the cost of the direct materials in ending work in process at the end of the month and Calculate the direct materials cost per equivalent unit
Determine the net present value, and indicate whether the investment should be made
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