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Question - The Martingrove Co. counted and valued its inventory at year-end, and found $55685 worth. However, their accounting system showed that there were two purchases that had not yet arrived. One had been shipped FOB destination, for $7155, and the other had been shipped FOB shipping point, for $5470. In addition, two sales made on the last day of the year would not have reached the customers. One, for $2780, was shipped FOB destination, and the other, for $6155, was shipped FOB shipping point. What is the company's correct inventory value?
on january 1 f the current year, feller corporation issued $3000000 of 10% debenture bonds on a basis to yield 9%,receiving $3134580. interest is payable annually on december 31 and the bonds mature in 6 years.the effective interest method is used..
tavorn corporation applies manufacturing overhead to products on the basis of standard machine-hours. the companys
pueblo manufacturing company has the following information month budgeted sales january 76000 february 85000 march
What appear to be the most pressing problems in corporate governance? What are possible reforms to increase the accountability of corporate managers
on the first day of its fiscal year woodard company issued 12000000 of 10-year 8 bonds to finance its operations of
Jose purchases a building for $100,000 in the current year and wants to use the double declining balance method. The asset has a life of 3 years and a residual value of $10,000. What is the depreciation for the THIRD year?
Suppose consumers' disposable income increased by $350 billion and their spending increased by $325 billion. What was the MPC?
The bank statement shows a debit memorandum for $40 for cheque printing charges. Prepare bank reconciliation for Hammel Company at January 31
Unrealized holding loss (available for sale securities), net of tax $3,000. What should the company report as the ending balance of Retained Earning
Identify fraud risk factors that were relevant to the BRIC audit. Explain how each of those fraud risk factors should have impacted the subsequent performance
uppose caterpillar inc. has 665 million shares outstanding with a share price of 74.77 and 25 billion in debt. if in
Sunland also had 180,000 common shares outstanding during the year. Calculate Sunland earnings per share
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