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Jessica & David are student interns at Balance Books Bookkeeping. they have taken several busness math accounting classes & are now applying what they have learned to real life situations. They enjoy their internship, but they aresometimes surprised by the assignments they are given. Luckily, they work together, so they share the ssignments & learn from each other. Their most recent assignment is to take a listing of accounts provided by one of balanced Books' clients & turn them into a balance sheet & income sheet & income statement. David suggests that their client might appreciate it if they also performed a vertical analysis of each statement. Jessica suggests thateach statement. Jessica suggests that they should also copute the surrent ratio & the acid-test ratio.1. Create the financial statements for Dec 31, 2011, depict them in vertical format, & compute the current & acid test ratios.
B. Prepare a cash disbursements budget for Year 3.
john fleming chief administrator for valley view hospital is concerned about the costs for tests in the hospitals lab.
the lansing community college registrars office is considering replacing some canon copiers with faster copiers
3. An investor is considering the purchase of a 10-year 8% coupon bond selling for $934.96 and a par value of $1,000. The yield to maturity for this bond is 9%. Calculate the interest on interest from the bond assuming that the semiannual coupo..
shamrock company had net income of 34000. on january 1 there were 8400 shares of common stock outstanding. on april 1
Does not have enough influence to elect a member on its own accord
Two parents have decided to establish an investment program. They estimate it will cost $40,000 per year for four years. Their investment program will earn them 10 % over the years. How much do they have to deposit for a lump sum?
companys suta tax rates based on its experience ratings are 3.2 in louisiana and 3.8 in florida. the taxable wage
A company issues a $200,000, 10-year note for $75,000. What type of note is this? How should the issuance be recorded?
Present some arguments to convince him that accounting data should still be based on cost.
kenoly corporation owns a patent that has a carrying amount of 308160. kenoly expects future net cash flows from this
Prepare CPA's general journal entry for the cash purchase of CMA's net assets. Do not use implied fair value.
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