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Question 1: COVID19 has impacted the Cruise Line Industry. It is widely known that bookings for cruises is down and when cruises can reopen for business is unknown. If for the last month it has been generally expected that bookings for new cruises will be down 50%, but Carnival Cruises announces today that that its bookings are actually down 38%, what will happen to the stock price?
Group of answer choices
Decrease
Increase
Stay the same
Other than the construction funds borrowed, the only other debt outstanding during the year was a $1,000,000, 10-year, 9% note payable dated 1/1/2006. What is amount of interest that should be capitalized by Bass during 2012?
You have just landed an internship in the CFO's office of Hawkesworth Inc. Your first task is to estimate the Year 1 cash flow for a project
Evaluate the ABC cost of a resident day for each category of residents using assistance hours as the cost driver.
Vaughn NV has equipment that cost $49,870 and that has been depreciated $21,230. Record the disposal under It was scrapped as having no value. assumptions.
How much is the realized gross profit on installment sales during 2020? On November 1, 2020, Jirachi Motors which maintains a perpetual inventory
The total variance is $10,000. The total materials variance is $4,000. The total labor variance is twice the total overhead variance. What is the total overhead variance?
Wise Company had the following transactions - Issued 5,000 shares of common stock with a stated value of $10 for $130,000 - Prepare the journal entries to record the above stock transactions
Describe the production budget that you prepared. why will the company produce more units than it sells in July and August and less units than it sells in September and October?
The company wishes to have 10% of the next month’s sales on hand at the end of each month. Budgeted production for November is:
Explain in details the journal entries ( why its recorded in debit or credit side ) and the nature of account Dr or Cr and its classification Asset
Craigmont uses the allowance method to account for uncollectible accounts. Its year-end unadjusted trial balance shows Accounts Receivable of $146,500, allowance for doubtful accounts of $1,085 (credit) and sales of $1,135,000
A $165 petty cash fund has cash of $18 and receipts of $139. Which of the following would be part of the journal entry to replenish the account?
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