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Cash= 5943 year- 2014 and year 2013 cash=3943
Short term investments at cost year 2014 =426 and year 2013 short term =192
Accounts and notes receivable year 2014=6323 and year 2013 =4624
Inventories year 2014=3372 and year 2013=2618
Prepaid expenses and other current assets year 2014=1505 and year 2013=1194
Short term obligations year 2014=4898 and year 2013 =8292
Accounts Payable year 2014 =10994 and year 2013 =464
Lara Co. traded its old computer for a new model. The following information is pertinent to this transaction: How much loss should Lara immediately recognize on this trade-in?
How many options were exercisable on March 29, 2010? 3) What number of diluted weighted-average shares outstanding was used by M&S in computing earnings per share for 2009 and 2010? What were M&S's diluted earnings per share in 2009 and 2010?
Fuller Company builds swimming pools. Fuller budgets that they will build 13 pools during the month of April at a price of $20124 per pool. Actual pools built by Fuller during April were 16 pools at a price of $20740 per pool. What is the Sales Volum..
John, a calendar-year taxpayer subject to a 34 percent marginal tax rate, claimed a charitable-contribution deduction of $15,000 for a sculpture that the IRS later valued at $10,000. Compute the applicable overvaluation penalty. Show your calculation..
During 2014, Kay collected $9,000 in principal on the installment note and $2,000 of interest. Kay’s basis in the property was $110,000 [125,000, 15,000 (depreciation)]. The Federal rate is 6%. Compute the following: Total gain. Contract price. Payme..
ABC Company is a retailer operating in an industry that experiences inflation. ABC wants the most realistic ending inventory. Which inventory costing method should ABC consider using?
Most decisions made by to management impact the ratios analysts use evaluate performance. Indicate (by letter) whether each of the actions listed below will immediately increase (I), decrease (D) or have no effect (N) on the ratios shown.
A gift tax of $2,800 was paid by the aunt. Barbara sold the stock in the following year for $29,000. What is Barbara’s basis in the property for the sale.
Describe the concepts of functional and presentational currencies in the context of accounting for overseas operations.
Record the June 30, 2015, semiannual interest payment and amortization of discount and what will be the carrying amount of the bonds at December 31, 2015?
In terms of the rules applying to a Section 332 parent-subsidiary liquidation, comment on each of the following:
Carolina Mills purchased $270000 in supplies this year. The supplies account increased by $10000 during the year to an ending balance of $66000. What was supplies expense for Carolina Mills during the year?
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