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These are selected 2012 transactions for Jendusa Corporation: Jan. 1 Purchased a copyright for $120,000. The compyright has a useful life of 6 years and a remaining legal life of 30 years. Mar. 1 Purchased a patent with an estimated useful life of 4 years and a legal life of 20 years for $54,000. Sep. 1 Purchased a small company and recorded goodwill of $150,000. Its useful life is indefinate. Prepare all adjusting entries at Decmeber 31 to record amorization required by the events
harrington inc. is introducing a new product in its line of household appliances. household products generally have 10
If 75% of a developer's capital is debt and his interest expense is 10% and 25% of his capital is equity at a 20% hurdle rate, what is his WACC?
snider inc. which has excess capacity received a special order for 3000 units at a price of 12 per unit which it could
forvarious reasons a corporation may issue warrants to purchase shares of its common stock at specified prices that
macgiver brass is a brass plating firm with sales of 8 million and profits before taxes of 625000. macgiver has a loan
what are some of the motivations for changes in accounting principles changes in accounting estimates and accounting
assume that management had determined that its organizations audit committee is not effective. for example lehman
Apollo Shoes is satisfied with the services your firm offers and wants to continue with the audit. Apollo Shoes would like you to prepare a letter explaining how you plan to begin the audit process.
an owner has invested 50000 in a business and desires a return on that investment 10. she wants to take 40000 in
rush company developed the following information for
How much is the contribution margin ratio - Keith Company produces flashv drives for computers, which it sells for $20 each.
During 2004, XYZ Company recorded salaries expense of $85,000. The salaries payable account at January 1st had a balance of $11,000 while the salaries payable account at December 31st had a balance of $8,000. The amount of cash paid to employees f..
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