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The text book says that Maria owns 100% of stock with adjusted basis of $52,000 she recieves a cash distribution of $250,000 from the company when its earnings and profits are $100,000. What is Maria's dividend income?
land enterprises has purchased new equipment on a long-term payment plan. the contract calls for land to pay 50000 at
in a factory components a and b are weekly used as follows normal usage - 150units maximum usage - 225nits minimum
Explain to management how you determined goodwill was impaired and the financial impact of such impaired goodwill. Prepare the necessary accounting entries to recognize goodwill impairment.
Which of the following would be considered an "Other Comprehensive Income" item?
(a) what is meant by the term "lobbying"? (b) who would be likely targets of coca cola Amatil's lobbying activities ? (c) why would adoption of international standards do heavily affect coca cola Amatil?
McBride Medical had a cash balance of $7,000 on January 1. The company desires to maintain a cash cushion of $5,000. Funds are assumed to be borrowed, in the increments of McBride pays its vendor on the last day of the month also. The company had ..
julie has just completed the rigorous process of becoming a certified financial planner. she is looking forward to
brad jolie recently decided to open a restaurant specializing in new orleans cuisine. he purchased a restaurant
on january 12014 a company that prepares financial statements paid rent for 2014 and 2015. the accountant recorded the
A department store has budgeted cost of sales of $36,000 for its men's suits in March. Management also wants to have $15,000 of men's suits in inventory at the end of March to prepare for the summer season.
Discount rate Expected rate of return 2.5% 2.8% Thousands of U.S. Instructions Use the information on Kyowa to respond to the following requirements. (a) What are the key differences in accounting for pensions under U.S. And Japanese standards?
on april 2nd a corporation purchased for cash 5000 shares of its own 10 par common stock at 15 a share. they sold 2000
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