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The following information is available from Sand Corp.'s accounting records for the year ended December 31, 2019:
Cash received from customers P870,000
Rent received 10,000
Cash paid to suppliers and employees 510,000
Taxes paid 110,000
Cash dividends paid (alternative) 30,000
Question 1: What Net cash flow provided by operations for 2019 was
Lincoln Corporation produces and sells two produtcs : Standard and Deluxe. The info on the two products sold for the last month is given below. The common fixed cost is $15,000.
How is the concept of cost per equivalent unit used to assign costs to (1) completed units transferred out and (2)
June and John decide to form a business. They each plan to contribute 20,000 in exchange for a 50percent interest in the business. They will then take out a bank loan for 30,000 to cover the balance of their working capital needs. They want to know h..
During the month, the Corporation purchased an additional $78,400 of raw materials.
Ken is interested in buying a European call option written on Southeastern Airlines, Inc., a non-dividend-paying common stock, with a strike price of $60
How liquid is company? If the management of the company would like to improve the company's financial performance, what should the management of THE COMPANY do?
Net income for calendar 2019 was $500,000. Assume the income tax rate is 30%. What is the diluted earnings per share for 2019?
What is the company's mission statement? What is the company's vision statement? What role do these have on the way the business operates? Do the company's actions seem to align to their vision and mission statements? How might the mission and vision..
For each of the following items, indicate whether it would be classified as an (O) operating activity, an (I) investing activity, a (F) financing activity, or a significant (N) noncash financing and investing activity.
relationship between mp and mc a. mp negative slope, mc negative b. no predictable relationship c. MC and Mp positive.
Luciana, a nonshareholder, purchases a condominium from her employer for $123,500. The fair market value of the condominium is $172,900. What is Luciana’s basis in the condominium and the amount of any income as a result of this purchase?
The computer workstation furniture manufacturing that Santana Rey started January is progressing well. As of the end of June, Business Solutions' job cost sheets show the following total costs accumulated on three furniture jobs.
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