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Anthony'shas entered a lawsuit against one its former suppliers who failed to deliver goods as ordered and failed to either reimburse Anthony'sfor the goods or to replace the goods. The faulty products resulted in lost sales to Anthony'sof $950,000 as well as damage to Anthony's reputation thus Anthony'sis seeking damages in the amount of $2,000,000. Anthony's legal team believes Anthony'sand the customer will reach an out of court settlement and estimates the range of the settlement to be between $750,000 and $1,200,000 but believes that $1,000,000 would be the most likely settlement.
Question 1: Record of all entries and write disclosure.
A company has 360,000 shares authorized, 200,000 shares issued, and 100,000 shares outstanding. The balance in its Common Stock account is $200,000. The company does a 2-for-1 stock split. What is the par value of its stock after the split?
Coffer Co. is analyzing two projects for the future, Assume that only one project can be selected. If the company is using the payback period method and it requirea a payback of three years or less, which project should be selected?
Compute the NPV in the IRR to determine the financial feasibility of the project. Marshall healthcare system, a not-for-profit hospital, is planning
The value of your client's interest in the property and the value of the business as a going concern. State any assumptions made.
Explain the difference between revenue expenditures and capital expenditures and how both are recorded. Please describe your solutions.
Discuss?how the bond market reacts when the Federal Reserve increases short term interest rates. How do short-term versus long-term bond prices react?
Determine the actual return on plan assets components of net pension cost for 2012. Assume contribution and benefits payments were made at year-end.
Which of the following statements concerning an incremental budget is true?
The Cardinal Group had filed on a consolidated basis for several years with its wholly owned subsidiary, Swallow, Inc. The group used a calendar tax year. On January 25, 2016, Heron acquired all of the stock of Cardinal, including its ownership in Sw..
Determine a cost formula for utilities cost using the least squares regression method. - Prepare a scattergraph and plot the tons mined and utilities cost.
The employee worked in Starbuck's Information Technology Department. RAD Services Inc. charged Starbucks as much as $429,800 for consulting services in a single week. For such a fraud to have taken place, certain control activities were likely no..
Calculate Innovative Products' net cash flows from operating activities (operating cash flows) for the year.
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