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Question - A company acquired land with a Fair Market Value of $220,000 on 1/1/14 by issuing a 3-year non-interest bearing note due 12/13/16. Assume 8% as the effective rate of interest. What is the face value of the note? (Enough information is provided to calculate)
Prepare journal entries to record the three dividend "events" that took place during 2008. If the company's common stock was valued at $135 per share when the stock dividend was declared, what would the stock price be just after the dividend shares..
consider the following data regarding budgeted operations for 20x7 of the portland division of machine products average
the december 31 2009 balance sheet of schism inc. showed long-term debt of 1.415 million 143000 in the common stock
y company estimates that machines will be operated for 61000 hours during the year and 1500 direct labor hours will be
juan is evaluating his retirement plan. he estimates that he will have saved 750000 when he retires in an account that
you will complete a review of a current and relevant journal article in accounting. this article must be authored
angel frank has a cumulative earnings of 87800 at the end of june. the first week in july she earns 1100. what is the
Does the PCAOB actually follow the FASB standard setting procedure? ie. do they create standards?, or are all the standards created by FASB and approved by PCAOB? how do they work together?
mimi company is considering a capital investment of 240000 in new equipment. the equipment is expected to have a 5-year
Demonstrates a situation in which a company's net profits appeared good in the statements, but the gross or operating profits presented a different picture. Discuss how this might have occurred.
The following financial statement information is from five separate companies.
Texas has just passed a law making it mandatory to have every head of cattle inspected at least once a year for a variety of communicable diseases.
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