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Question - National Co. has a total annual cash requirement of P9,030,000 which are to be paid uniformly. National has the opportunity to invest the money at 21% per annum. The company spends, on the average, P30 for every cash conversion to marketable securities. What is the optimal cash conversion size?
Nov. 15 Issued 380,000 of its common shares in exchange for equipment forwhich the cash price was known to be $3,688,000.
The following inventory information is provided for Swifty: Beginning inventory: cost $87800; retail $115500, Net purchases: cost $70200; retail $137200.
-Probable duration of "excess earnings" is 5 years. How much is the estimated goodwill using the multiples of average excess earnings method
Prepare the journal entry (ies) at December 31, 2010, to record the payment and interest (effective interest method employed).
How can FASB Codification System be used to make better accounting decisions? What are U.S. Generally Accepted Accounting Principles(GAAP)?
highland inc. has the following estimated quarterly sales for next year. the accounts receivable period is 30 days. how
A company has a Return on Equity of 0.2, a Profit Margin of 0.14 and Total Asset Turnover of 0.48. Using this information calculate the Equity Multiplier
On a classified balance sheet, which is the least liquid asset listed below? Which of the following is a component of internal control?
Imagine that you are a hacker and have developed a Trojan horse program. What tactics might you use to get unsuspecting victims to load the program onto their computer?
What is the amount of the nonrefundable upfront fee to be allocated to the supply of cooking equipment and cash registers
Prepare an incremental analysis for the special order and should Pro Sports Inc. accept the special order? Explain your answer. What is the minimum selling price on the special order to produce net income of $4.10 per ball?
Why is your friend selling the bond at a price that is not equal to its face value? How much will TD give you for the bond at the end of 2034?
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