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Question 1. During the year Grande Ltd sold goods to Petit Ltd for $450,000. These goods originally cost Grande Ltd $110,000. At year-end, 95% of these goods remained in Petit Ltd's closing inventory. We have recognized profit of $340,000 from the sale which has improved our overall profits and pleased the CEO. Do we need to do anything else? Do I need further journal entries when preparing the group's accounts? If so, please provide me with the journal entries and explanations for these.
If money is worth j1=5%for the 1st 2 years and j4=5.75% afterwards, should Jimmy accept the offer? Based on your decision how much money would Jimmy make
Make Alicante plc's consolidated statement of comprehensive income for the year to 31 October 2020. All workings should be shown
The definition of the marginal analysis principle is that financial decisions are made and actions are taken
Discuss in detail the requirements of incorporating the business, the advantages and disadvantages, and provide JJ with recommendations.
Dividend of 6.16 in year 2 and then increase the dividend at a rate of 2 percent per annum in years 3 to 6. What is the expected dividend to be paid in year 4?
a company did an adjusting entry to record $5,000 of depreciation on the fleet of automobiles used by the sales force - depreciation adjusting entry
The difference between actual quantity of input used and the standard quantity of input used results in a: Which of the following accounts is reported on an income statement? Select all that apply.
What is the balance of the Bonds Payable account considering that the discount amortization for 2017 and 2018 is €12,000 and €15,000, respectively
Discuss the risk objective for Rainbow 7 Foundation, and pay attention to its willingness and ability to take risks when carrying out investment activities.
Mario and Claudia deposit $150 into their joint account at the end of each month. If their account earns 6% per year compounded quarterly, how long will it take them to have a total of $15,000 in their savings account?
Estimate? Marpor's value with the new leverage. Marpor Industries has no debt and expects to generate free cash flows of $15 million each year.
Paid automobile expenses (including rental charge) for month, $1,580, and miscellaneous expenses, $800. Prepare an unadjusted trial balance as of October
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