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Question - This year Ryan Gosling purchased 1,000 shares of Necrotising Fasciitis common stock for $12 per share. At year-end the Necrotising Fasciitis shares were worth $32 per share. What amount must Ryan Gosling include in income this year?
A. $32,000
B. $12,000
C. $22,000
D. Ryan Gosling can deduct $12,000 because his cost is a return of capital.
E. None of the above - Ryan Gosling has not realized any gain
Indicate one (1) ratio from each of the three categories (profitability, liquidity, and solvency) that you believe to be most indicative of future performace
After learning the basics of financial statements, it is very important for a health care manager to understand the basic five areas of performance.
Prepare the Journal entry of the date of the bond purchase. Prepare the journal entry to record the interest revenue on December 31, 2017
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In 2019, the first year of operations for Sprint Co., Make a statement of stockholders' equity for Sprint Co. for the year ended December 31, 2020.
Problem - Dake Corporation's relevant range of activity is 4,900 units to 5,500 units. Compute the total amount of indirect manufacturing cost
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on december 31 2013 jumble inc. borrowed 1000000 at 10 payable annually to finance the construction of a new building.
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