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Kruger Corporation has the following long-term investments. (1) Common stock of Eidman Co. (10% ownership) held as available-for-sale securities cost $108,000, fair value $115,000. (2) Common stock of Pickerill Inc. (30% ownership), cost $210,000, equity $260,000. Prepare the investments section of the balance sheet.
the cost of equipment purchased by charleston inc. on june 1 2012 is 217160. it is estimated that the machine will have
abbix has a complex financial system with the following relationships the ratio of required reserves to total deposits
Explain the difference between the cash basis and accrual basis of accounting. Explain the difference between the cash basis and accrual basis of accounting?
on december 31 powell company had an ending inventory of 56900 based primarily on a physical count at its warehouse. in
a partnership of attorneys in the st. louis missouri area has the following balance sheet accountsas of january 1
identify a cost driver for costs for each of the followinga. machine maintenanceb. machine setupc. utilitiesd. quality
1. a recent gallup study reported that firms with top engagement scores had higher profitability.a 6 percentb 8
On August 1st of the current year, Lenz Company writes a contract agreeing to sell Hindman Company 15,000 British pounds at a specific price of $0.69 per pound with delivery in 60 days. Throughout the 60-day period the forward rate varies as follo..
bsu inc. wants to purchase a new machine for 30400 excluding 1200 of installation costs. the old machine was bought
callon co. uses the composite method to depreciate its equipment. the following totals are for all of the equipment in
presented below are two independent situations related to future taxable and deductible amounts resulting from
Teresa is a civil engineer who uses her automobile for business evenly throughout the year. Teresa drove her automobile a total of $22,650 miles evenly during 2011, of which 95% was business mileage.
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