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Question - An entity issues the following notes payable on January 1, 20x1:
A. P5,000,000 non-interest bearing note payable due on December 31, 20x4.
B. P4,000,000 non-interest bearing note payable due in four equal annual installments everyDecember 31.
C. P8,000,000 non-interest bearing note payable due in five equal annual installment every January1. The first installment is due on January 1, 20x1.
The effective rate of interest in all of the notes above is 15%. Prepare the amortization table for each of the notes payable above.
Compare to Walgreens (for the last 5 years) and the industry average (for the current year). What inventory method does CVS and Walgreens use?
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on january 4 2011 kelly co. purchased 40000 shares 40 of the common stock of lemon corp. paying 800000. there was no
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safe security company manufacturers home alarms. currently it is manufacturing one of its components at a variable cost
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