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Susans salary is 44,000 and she received dividends of 600. She recieved a statement from SJ partnership indicating that her share of the partnership's income was 4,000. The partnership distributed 1,000 to her during the year and 600 after year end. She won 2,000 in the state lottery and spent 50 on lottery tickets. What amount is taxable?
calculation cost to make a product.the parts division sells product a for 14.25 on the outside market. lately the
Alpha and beta are partners who share income in the ratio 1:2 and have capital balances of $40,000 and $70,000 at the time they decide to terminate teh partnership. after all non cash assets are sold and all liabilities are paid, there is a cash bala..
Evaluate the Income Statement
A company's income before interest expense and income taxes in 2008 and 2009 is $225,000 and $200,000, respectively. Its interest expense was $45,000 for both years. Calculate the company's times interest earned ratio, and comment on its level of ..
What would be the effect on the company's overall net operating income if product L28N were dropped?
Create a new policy of pay structure for each type of employee based on your research - Conduct research to locate alternative methods of pay structure for Big Ed''s. Prepare a memo to Ed Silver that identifies a minimum of one alternative pay str..
A company paid $0.80 in cash dividends per share. Its earnings per share is $4.52 and its market price per share is $26.00. Its dividend yield equals (Round you answer to 2 decimal places)
The following information was taken from Slater Company's balance sheet: Determine the company's ratio of fixed assets to long-term liabilities. Determine the company's ratio of liabilities to stockholders' equity.
Illustrate what is the rationale of the GASB for requiring two sets of financial statements, each with a different measurement focus and basis of accounting for governmental activities?
An account is an important accounting record where financial information is stored until needed. Briefly explain (1) the nature of an account, (2) the different types of accounts, and (3) the manner in which an account is increased and decreased, and..
would you buy stock in this company? are there questions you would want answered before answering the original
Discuss how differences between pooling and purchase accounting for acquisitions affect future reported earnings if the Pierson/Drew business combination.
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