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In a recent year hart corp. had net income of $140,000, interest expense $30,000 and tax expense $40,000. What was hart corp times interest-earned ratio for the year?
The firm received a $1,000 deposit from a customer for a product to be sold and delivered to that customer next month. Analyze and record the transactions as journal entries.
Sage Corporation, a calendar year corporation, has alternative minimum taxable income (before any exemption) of $1,200,000 for 2010. The company is not a small corporation. If the regular corporate tax is $225,000, Sage's alternative minimum tax f..
Prepare an analysis for ED management that compares processing the butter further with selling the product immediately at split off.
1. how does a mediator-arbitrator do his or her job?2. what is a private neutral factfinder?3. what is the difference
Prepare a consolidated balance sheet (January 1, 2012) - assuming the acquisition had taken place on January 1, 2012 (remember to provide work paper detail).
Prepare the adjusting entry at December 31, and using T accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in each account.
the billboard for the florida lottery announces an 18000000 prize to the winner. the winner has the option of receiving
the kaumajet factory produces two products-table lamps and desk lamps. it has two separate departments - finishing and
Assuming Alison uses fair-value accounting, what income from the investment in Holister should be reported for 2015?
Merchandise subject to terms 1/10 n/30, FOB shipping point, is sold on account to a customer for $18,000. The seller paid transportation cost pf $1000 and issued a credit memorandum for $5,000 prior to payment. What is the amount of the cash disco..
Expensing the costs of sample display houses in the periods in which the expenditure is made and spreading the costs over more than one period. Discuss the advantages of each method.
savallas company is highly automated and uses computers to control manufacturing operations. the company uses a
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