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Consider the following: Net income = $10,000, depreciation expense = $2,000, accounts receivable increased by $700, inventory decreased by $400, and accounts payable increased by $300. Based on this information alone, what is cash flow from operating activities?
a. $12,000b. $8,000c. $11,700d. $10,000
1,500 Memberships were sold to the public in the amount of $40 each. Membership provides the individual with a monthly magazine and other benefits. The estimated fair value of member benefits is $25. The member year runs from July 1 to June 30.
What makes cash basis easier for small companies to use? Do you think it has to do with their frame of reference on business operations? In other words, if they have cash left at the end of the period, is that an indication they're doing well?
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Domestic business would be unaffected by this order. What is the minimum unit price Redi-Watt should consider for this order of 1,000 units - Find minimum unit price to be set to product.
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Assuming all of the containers produced by the bottle Division can be sold to outside companies, which of the following is the range at which a negotiated transfer price among the two divisions should occur?
Compute the variable overhead rate variance, compute the variable overhead efficiency variance and provide the accounting entry for the overhead rate and efficiency variances.
It was discovered that the insurance policy was renewed on December 1st; coverage will cost $6,720 for the next 12 months. Prepare the necessary entries.
assume that both x and y are well-diversified portfolios and the risk-free rate is 8.nbsp portfolio x has an expected
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Determine the ending balance of unadjusted the trial and what is the ending balance of the cash account
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