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1. Why is it important to disclose certain non cash transactions? How should they be disclosed?
consider the following table of revenue and costs at the end of the
If Michelle purchased 100 shares of Home Depot common stock at the beginning of January for $25. She received a $1.25 dividend payment from the company at the end of December. At that time, the stock was selling for $27.50 per share. What is the d..
gardner corporation purchased a truck at the beginning of 2010 for 75000. the truck is estimated to have a salvage
Below are the balance sheets and income statement for Kinder Care Company. Please prepare the statement of cash flows for 2015 on both the indirect and direct bases
Compute the East Division's ROI for last year; also compute the ROI as it would appear if the new product line is added and compute the East Division's residual income for last year; also compute the residual income as it would appear if the new pro..
The contribution margin of the finished products is $6 each. Inventory carrying costs are $0.40 per unit per day. What is the change in the daily contribution margin if the change is made?
What is the difference between accural-basis accounting and cash-basis accounting? Why would politicians prefer the cash basis over the accrual basis?
wal-martlocate the 2009 form 10-k for wal-mart in appendix a and consider the following questions1. with respect to
after the books are closed ying amp yangs partnership balance sheet reports capital of 80000 for ying and 120000 for
Briefly describe some of the similarities and differences between U.S. GAAP and iGAAP with respect to the accounting for intangible assets.
On January 30, Lift Time Corporation, a wholesaler of hydraulic lifts, acquired land in exchange for 18,000 shares of $10 par common stock with a current market price of $15.
Caruso Company's SUTA rate for next year is 2.9% because its reserve ratio falls in its state's 8% to less than 10% category [(contributions - benefits paid) ÷ average payroll = $93,500 ÷ $971,500 = 9.62%].
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