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Question - CSUG Products is a start-up computer software development firm. It currently owns computer equipment worth $50,000 and has cash on hand of $15,000 contributed by CSUG's owners. CSUG takes out a bank loan. It receives $25,000 in cash and signs a note promising to pay back the loan over 5 years. Prepare its balance sheet just after it gets the bank loan. What is the ratio of real assets to total assets?
Limerick issued for cash 15,000 shares of 4%, $40 par preferred stock at $42. Journalize the entries to record the March 6, April 13, and May 19 transactions
Filkins Farm Equipment's five-year zero coupon bond is currently selling for $621. The bond's maturity value is $1,000. What is the bond's yield to maturity
in january 2007 the average price of an asset was 27558. 5 years earlier the average price was 21408. what was the
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the beginning balance sheet of segui corporation included the following long-term investment in new software
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Prepare the journal entry or entries for March 9; assume no additional money is expected from Green
What is the book value at the end of years one and two using the 150%declining balance method?
Describe any THREE (3) internal control elements do you think can help compensate for the above threat. Describe any FIVE (5) internal control objectives
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