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To start a new partnership, Partner A contributed an asset worth $45,000 with a $5,000 debt secured by it. Partner B loaned an asset worth $40,000 with no loans against it. How much should be credited to Partner A's capital account and how much should be credited to Partner B's capital account?
In a business combination in which the total fair value of the identifiable assets acquired over liabilities assumed is greater than the consideration paid, the excess fair value is.
Simple Interest, Compound interest, discount rate, force of interest, AV, PV
the tippa canoe company makes fiberglass canoes. the fiberglass resin is initially molded to the shape of a canoe then
A firm reports EBIT of $100 million. The income statement shows depreciation of $20 million. If the tax rate is 35% and total capital expenditures and increases in working capital total $10 million, what is the free cash flow to the firm?
Miller Company needs an estimate of its ending inventory balance. The following information is available.
For the most recent year, Wilson Enterprises had sales of $689,000, cost of goods sold of $470,300, depreciation expense of $61,200, and additions to retained earnings of $48,560.
During April, 1,000 drives were sold. Fixed costs for March were $2 per unit for a total of $1,000 for the month. How much is the contribution margin ratio?
If a division is evaluated using return on investment (ROI) without regard to how assets are financed, the denminator in the ROI calculation will be
Prepare store ledger card under FIFO method by using perpetual inventory system.
the bootsie holding company has sales exceeding 10 billion and each of its three wholly-owned subsidiaries has sales
You are given the following facts about a one-shareholder S corporation, and you are asked to prepare the shareholder's ending stock basis.
a. Compute the selling price per unit. b. Compute the contribution-margin ratio.
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