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John smith is expanding his family-run beer distributorship into Massachusetts or New Hampshire. His parents began the business many years ago and now three generations of smith work in the family business. john will relocate the entire family (his parents, spouse, children, etc.) to either state after the move. (1) What types of taxes may influence his decision of where to locate his business? (Provide 3 taxes.) (2) What non-tax factors may influence the decision? (Provide 3 factors.)
Prepare a statement of cash flows for year ended December 31, 2014. Use the indirect method for cash flows from operating activities and how can users of financial statements utilize statement of cash flows in making informed decisions?
June and John decide to form a business. They each plan to contribute 20,000 in exchange for a 50percent interest in the business. They will then take out a bank loan for 30,000 to cover the balance of their working capital needs. They want to know h..
Most decisions made by management impact the ratios analysts use to evaluate performance.
question use the internet to research two publically traded united states companies and download their financial
Lisa is the sole proprietor of a business that manufactures solar panels. This week Lisa was approached to exchange her business assets for shares in Burns Power. As part of the exchange, Lisa is requiring Burns Power to assume the home equity loan o..
Maack Corporation's contribution margin ratio is 19% and its fixed monthly expenses are $50,500. If the company's sales for a month are $312,000, what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses ..
Correcting Entries for Patents During the year-end audit of the Cressman Corporation's financial statements for 2007, - Prepare adjusting journal entries on December 31, 2007.
Please prepare a schedule in Excel to correct the net income for 2009 and 2010. Please start the schedule with the reported income for 2009 and 2010 and then work to a corrected figure.
On February 1, 2014, Tessa Williams and Audrey To formed a partnership in the province of Ontario. Williams contributed $90,000 cash and To contributed land valued at $130,000 and a small building valued at $190,000. Present General Journal entries t..
During October, Beidleman Inc. transferred $60,600 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of $66,520. The journal entries to record these transactions would include a:
Alternative methods exist for the measurement of the pension obligation (liability). Which measure requires the use of future salaries in its computation?
Purpose a depreciation schedule for each depreciation technique
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