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Question 1: A firm has $345 in inventory, $942 in fixed assets, $210 in accounts recievables, $320 in accounts payable, and $65 in cash. What is the amount of the current assets?
What will pay as monthly mortgage payments (principal and interest only)? (Do not round intermediate calculations and round your final answer to 2 decimal)
On January 1, 2015, Leo paid $15,000 for 5 percent of the stock in BLS, an S corporation. In November, he loaned $8,000 to BLS in return for a promissory note. BLS generated a $600,000 operating loss in 2015. BLS generated $408,000 ordinary business ..
A,B,C and D were partners sharing profits in the ratio of 2:1:3:4. B retires and his share is aquired by A and C in the ratio of 4:1.Calculate the new ratio and the gaining ratio.
Determine and Calculate missing information using knowledge of the Accounting equation, I: Below is some selected information from the income statement
Events related to the acquisition, use and deposal of a tangible plant asset: straight-line depreciation Sam’s Subs purchased a delivery van on January 1,2013 for $35,000. In addition, Sam’s paid sales tax and title fees of $1500 for the van. The van..
All other balance sheet accounts were unchanged over the year. What was the company's Cash Flow from Operating Activities?
Franklin, Inc. owns 80% of Prevatt Company. During the current year, a portion of the investment in Prevatt is sold. Prior to recording the sale, Franklin adjusts the book value of its investment. What is the purpose of the adjustment?
A company manufactures and sells a product for $113 per unit. The company's fixed costs are $61,760, and its variable costs are $83 per unit. The company's break-even point in dollars is: (Round your intermediate calculations to two decimal places.)
Illustrate what bonus system would you suggest that incorporates these measures and also encourages the managers to work as a team?
calculation of net profit and gross profit.for the month of february 2009 randys spa supplies had total sales revenue
Prepare journal entries for the transactions listed above.2. Prepare a Stockholders' section of a classified balance sheet as of December 31, 2014
Sam’s Club is a merchandising entity; on October 1st, they purchased goods from a company for $22,000 with terms of freight on board (FOB) shipping point, 3/10, n/EOM, Sam’s Club paid 30% of the amount due on October 5th, another 30% on October 9th, ..
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