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Question - A financial company that advertises on tv will pay $55,000 now for annual payments of $9500 that you are expected to receive for a legal settlement over the next 9 years. Assume you estimate the Time value of money is at 12%. What is the PV?
Explain briefly (a) written representations, (b) internal control communications, and (c) management letters.
question a company has operational expenses of the subsequentjan - 250000feb - 350000mar - 275000apr - 250000may -
In 2014, its first year of operations, Kimble Corp. has a $770,000 net operating loss when the tax rate is 35%. In 2015, Kimble has $320,000 taxable income and the tax rate remains 35%.
A company sold a piece of manufacturing equipment for $30,000 cash. The equipment had been listed on the balance sheet at a net book value of $25,000, so the company recorded a gain on sale of equipment of $5,000. Which of the following items would b..
Curious George Enterprises, a manufacturer of high tech surveillance equipment, has experienced significant financial growth in the last 4 years and would like to expand. Explain the purpose of the statement of cash flows. Identify the methods of re..
As the new controller for Overseas Inc., you have the responsibility of preparing the year-end financial statements for the company for year 20x2. Overseas has a fiscal year end of December 31. Prepare the operating cash flows section of the statemen..
Prepare a variance analysis report with both flexible-budget and sales-volume variances.
journal entry to record sales and cost of sales.on 315 janets spa purchased 90 plush robes from randys spa supplies.
The business changed their policy with regards to the profit mark-upfrom 2018 to 2019 financial year. What was the changed.
Austen Educational Services had budgeted its training service charge at $78 per hour. The company planned to provide 28,000 hours of training services during 2015. By lowering the service charge to $64 per hour, the company was able to increase the a..
Towsen Inc. manufactures recreational vehicles. Towsen uses a job order cost system. The time tickets from July jobs are summarized below.Towsen Inc. manufactures recreational vehicles. Journalize the entry to record the factory labor costs. If an am..
For a target, in an M&A transacation, why does the fully diluted shares outstanding include all outstanding in-the-money options and not allexercisable options?Format: Answer should be one page one and half space. Please do not directly copy from o..
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