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Some companies employ technologies that allow them to do a so-called "virtual close." This enables them to close their books nearly instantaneously any time during the year. What advantages does a "virtual close" provide?
Cayuga Meadows purchased 42,000 shares of common stock of Long Corporation as a long-term investment for $1,000,000. During the year, Long Corporation reported net income of $500,000 and paid dividends of $200,000.
on february 1 2013 fox corporation issued 9 bonds dated february 1 2013 with a face amount of 200000. the bonds sold
The company's December 31, 2009 unadjusted balance of liability for compensated absences was $30,000. The company estimated 200 vacation days available and employees earned $150 per day. What is the liability for compensated balances on December 3..
Spears Co. will receive SF1,000,000 in 30 days. Use the following information to determine the total dollar amount received (after accounting for the option premium) if the firm purchases and exercises a put option:
What are the right formula's for interest rate on long term debt, par value of common stock, and dividend policy?
Historically, warranty expenditures have been equal to 4% of sales. Total sales for the year were $650,000. Actual warranty repairs made during the year totaled $29,000.
calculate lead time michigan machining company machines metal parts for the automotive industry. under the traditional
chang corp. had 500000 shares of common stock outstanding. during 2012 it had the following transactions that affected
joe fast started a mobile snack food service on january 2 2006 investing 15000 cash depositing in a bank account in the
How much salary must Gander pay Patrick during the period November 1 through December 31, 2008, to permit the corporation to continue to use its fiscal year without negative tax effects?
Revson Corporation purchased land adjacent to its plant to improve access for trucks making deliveries. Expenditures incurred in purchasing the land were as follows:
You have started a sole-proprietorship business. Itis a department store selling groceries. You receive payment for the sales made either through a credit card or cash. You pay your suppliers on a credit basis of 30 days. To efficiently manage acc..
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