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Question: You invested in the no-load Oh Yes Mutual Fund one year ago by purchasing 1,000 shares of the fund at the net asset value of $25.00 per share. The fund distributed dividends of $1.50 and capital gains of $2.00. Today, the NAV is $26. What was your holding period return?
Differences between the 2012 income statement and tax return
Using the straight-line method of depreciation for reporting purposes and accelerated depreciation for tax purposes would most likely result in a:
Determine the amount of net income for November, assuming that the owner made no additional investments but withdrew $37,500 during the month.
a company has a balance of 300000 in its common stock account. the par-value of the common stock is 10share. the
toys r us is considering a new iphone app for managers that calculates break even points so that mba students no longer
The common stock sold at an average market price of $25 per share during the period. Also outstanding were 30,000 warrants that could be exercised to purchase one share of common stock at $30 per warrant.
(a) Journalize the adjusting entries at December 31, the end of the current fiscal year, and
Calculate the sales revenue reported by XYZ Company in its 2004 income statement.
Impairments on December 31, 2010, Iva Majoli Company borrowed $62,092 from Paris Bank, signing a 5-year, $100,000 zero-interest-bearing note. The note was issued to yield 10% interest.
Suzy Manufacturing has estimated monthly sales of 18,000 units for $48 per unit. Variable costs include manufacturing costs of $27 and distribution costs of $9. Fixed costs are $60,000 per month.
Randall Company makes and distributes outdoor play equipment. Last year sales were $2,400,000, operating income was $600,000, and the assets used were $3,000,000.The return on investment (ROI) is:
at january 1 2002 betty derose inc. had an allowance for bad debts with a 2700 credit balance. during 2002 betty
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