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Xavier and Yolanda have original investment of $50,000 and $100,000 respectively in a partnership. the article of partnership include the following provisions regarding the division of the net income interest on original investment at 15% salary allowance of $22,000 and $20,000 respectively and the remainder equally. how much of the $90,000 is allocated to Xavier?
the land carried a value of $250,000. Nikle paid $300,000 down in cash and signed a note payable for the balance. Prepare the journal entry to record this transaction.
Describe the marketing processes that are necessary before an organisation can properly target the most lucrative part of a market.
Determine the effective annual interest rate on this loan, and determine the nominal annual rate assuming semiannual compounding. You may find the following form helpful.
computation of break-even-point of airline company.the smooth flight airline company is considering lowering fares in
Assume that high means in the top third of the industry, average means in the middle third and low is in the bottom third. Based on this information, which company would you select? Explain you selection.
Evaluate, measure, value and present financial statements in conformity with GAAP relating to assets.
Shortly thereafter, Brenda sells 10 shares to Aquarius for $200.00 in an exchange that had been agreed to in the preceding year. What result to both Ann and Brenda? What if Brenda sold 11 shares versus 10 shares?
Evaluate each of the following ratios using the "unadjusted" data as provided in column "F". For additional practice, recompute the ratios using the data you generate for the other columns.
At year-end, Sherman stock was selling for $34.80 per share. Prepare Fairbanks journal entries to record (a) the purchase of the investment, (b) the dividends received, and (c) the fair value adjustment.
Compute taxable income as well as income tax payable for 2012. Which of the differences are temporary and which are permanent
Difference between ending inventory valuation and cost of goods sold - compute ending inventory and cost of goods sold under each method, and then compare results.
calculation of debt ratio.kansas office supply had 24000000 in sales last year. the companys net income was 400000. its
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