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Question - Suppose you buy 100 shares of Amazon at $3000 today and then one year the price goes up to $3600 if you buy the shares at 50% margin what will your one year percent return be? If you buy the shares for all cash what will your one year percent return be?
Make the accounting entries corresponding to the acquisition of the asset and at each accounting close
Mathew Murphy, single, sold his home that he had owned for 20 years for $670,000. He purchased it for $110,000 and made $40,000 of capital improvements on the home during his time of ownership. a) How much gain is excluded? How much is recognized?
The mountain cabin is sold on March 3, 2019, for $540,000. Calculate Lloyd's least allowable recognized gain on the sale of the two residences
The machine had an adjusted tax basis of $46,000, Determine the taxable gain or loss that Gates Corporation can claim on its 2015 income tax return
Accrued warranty costs, estimated to be used in 2013 $74,000. Operating loss carry forward $36,000. What is taxable income for 2012
Alice Rathermel audited LoHo Company's inventory using sampling. She examined 120 items from an inventory compilation list and discovered net overstatement.
Globalization on business is a concept that is growing bigger and bigger with our world shrinking smaller and smaller thanks to advance in logistics and communications. The idea of self-sustaining and closing one's borders to trade seems almost a..
Dividends (D1) at the end of the current year will be $1.60. What should be the price of the stock to the public
2.alpaca corporation had revenues of 295000 in its first year of operations. the company has not collected on 19800 of
How do Calculate the company's revenue and spending variances for August. (Indicate the effect of each variance by selecting "F" for favorable)
On decmber 31, supplies costing 7,000 are on hand. Prepare the adjusting journal entry on decmeber 31. In separate t-accounts for each account, enter the unadjused balances, post the adjusting journal entry and report the adjusted balance.
Compute the acid-test ratio at December 31, 2017, Compute the current ratio at December 31, 2017
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