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Question 1: ABC Company was incorporated 2 years ago by issuing 1,000 shares of common stock at @00 and borrowing $30,000 from a bank on a long term note. Last year, ABC reported net income of 7,000 and paid a cash dividend of $800. During the year, the company also borrowed an additional $3,000 from the bank. What was total assets on ABC's balance sheet at the end of the year last year?
Calculate the anticipated one-year interest rate for 2006 (up to June 2007). (Do not round intermediate calculations. Round the final answers)
In its first year of operations, Eagle produced and sold 10,000 tables. The tables sold for $120 each. How would Eagle's variable costing net operating income have been affected in its first year if only 9,000 tables were sold instead of 10,000?
What are the advantages & limitation of Ratio Analysis? Calculate two ratios that can used to measure the firm's ability to meet its long-term obligations
What is the probability that there will be 4 claims or fewer per day and analysing a service contract using simulation
Compute for 2018 the dollar amount of dividends that will be distributed per Common Share. calculate the amount of bond discount or premium.
ACT502 Management Accounting - What was the primary causes of the loss in net income and Prepare a flexible budget report for the year
Is it a violation of the Canons of Ethics for an attorney, who is engaged in the practice of criminal and civil law to be engaged in the business of making bail bonds under an assumed company name and to advertise such business in the telephone di..
Create journal entries for each transaction. Using the journal entries as a guide, show whether every transaction would be handled as revenue or an expense using both the cash and accrual by completing the table provided.
Define the elements that might be presented in a balanced scorecard and explain how it is used - Make a recommendation of whether or not EEC should adopt the balanced scorecard
Determine the Cost of Goods Sold for January and provide the Job number(s) in Cost of Goods Sold for January and determine the total cost of goods sold
What percentage of R&D expenditures was capitalized during the fiscal year ending March 31, 2017? How does this percentage compare with the capitalization
Resset Co. provides the following results of April's operations: F indicates favorable and U indicates unfavorable. Applying the management by exception approach, which of the variances are of greatest concern? Why?
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