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Instructions
(a) Prepare the correct journal entries to record the transactions.
(b) Prepare the correct journal entries to record the 2013 amortization expense.
(c) Prepare the balance sheet intangible assets section December 31, 2013.
(d) Prepare a note to the financial statements on Johnson Company's intangible assets as of December 31, 2013.
Intermediate has 2,000 stock options outstanding for the whole year. Each option will be exchanged for one share of common stock at an exercise price of $20.
Vargo Corp. owes $308,000 to First Trust. The debt is a 10-year, 12% note due December 31, 2014. Because Vargo Corp. is in financial trouble, First Trust agrees to extend the maturity date to December 31, 2016, reduce the principal to $248,100.
Prepare a cash budget for Carmel covering the first seven months of 2004 and carmel has $250,000 in notes payable due in July that must berepaid or renegotiated for an extension. Will the firm have ample cash to repay the notes?
Create the journal entry for the issuance when the market price of common shares is $ 168 each and market price of the ideal is 210 each.
find the net amount that Terry pays in for FICA and medicare. In one paragraph (not a full memo), please describe your answer.
What is the recognized profit or loss on the sale of the building and the character of the gain?
Calculate the contribution margin for each pet house and calculate the monthly break-even units for each pet house. Ignore the sales commission for this computation.
Which of the following is the amount of sunk costs in this problem and When the incremental revenues and expenses are analyzed, the company is better off b
What if we simply bartered for all? Would our economy grow - with that said, is pursuit of ALL self interest in a contract unethical and if not, at what point does it become unethical?
Evaluate the inventory turnover ratio for 2010 using the LIFO and FIFO cost-flow assumption methods. Describe why the costs assigned to inventory under LIFO at the end of 2009 and 2010 are so much less than they are underFIFO.
Prepare a compelling argument to convince a company's partners
Obtain the annual report you may contact the company by phone, e-mail or regular mail and ask them to send you one. However, in many cases easier to get a copy off the internet
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