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Your stock portfolio consists of only 2 stocks. You have $15,000 in Company A and $25,000 in Company B. Company A has an actual return of -8%, and Company B has a return of 12%. What is the return on your portfolio? Show your work.
ABC Corporation had the following Balance Sheet: Prepare journal entries to record the following transactions:
On June 1 John Stevens opened a real estate office in Hamilton called Stevens Realty. The following transactions were completed for the month of June.
During 2013, the first year of operations, oak inc. pays salaries of $295,000 at the end of the year employees have earned salaries of $20,000 which are not paid by oak until early in 2014. what is the amount of the deduction for salary expense
Prepare a comparative statement of cash flows for Flight Training Corporation for each of the years ending December 31, Year 2 through Year 4.
Young Corporation has determined the contribution margin ratio is 35% and the income tax rate is 40%. Assume break-even volume in dollars is $1,500,000. What are total fixed costs?
Elegant Occasions Inc. sells china and flatware over the Internet. For the next period, the budgeted cost of the sales order processing activity is $115,500 and 5,250 sales orders are estimated to be processed. Determine the activity rate of the sale..
Beka Company owns equipment that cost $50,000 when purchased on January 1, 2008. It has been depreciated using the straight-line method based on estimated salvage value of $5,000 and an estimated useful life of 5 years.
There was no beginning inventory. During the year the company manufactured 67,000 units. If net income using variable and full costing was $245,000 and $205,700, respectively, how many units did the company sell in 2007?
How much do you have to deposit at the end of each year if you need $20,000 in 10 years, assuming k = 6%?
Foreign exchange rates are used to establish budgets and track actual performance. Of the various exchange rate combinations which do you favor? Why? Is your view the same when you add local inflation to the budgeting process?
Compute the percentage of the allowance for doubtful accounts to the accounts and notes receivable as of December 31, 2009, for The XYZ Corporation.
Bottle-Up, Inc., was organized on January 8, 2000, and made its S election on January 24, 2000. Prepare a current year S corporation tax return for Bottle-Up, showing yourself as the paid preparer.
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