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Xavier and Yolanda have original investments of $50,000 and $100,000 respectively in a partnership. The articles of partnership include the following provisions regarding the division of net income: interest on original investment at 10%, salary allowances of $38,000 and $28,000 respectively, and the remainder equally. How much of the net income of $75,000 is allocated to Yolanda?
miyamoto jewelers is considering a special order for 12 handcrafted gold bracelets to be given as gifts to members of a
average operating assets are 110000 and net operating income is 23100. the company invests 25000 in new assets for a
on july 1 2013 the foster company sold inventory to the slate corporation for 420000. terms of the sale called for a
a company owns a building with a net asset value of 120000 at december 31 2011. the building had a five-year remaining
What factors create needs for changing pension expense every year? If you worked in management at a company, what criteria would you evaluate in making pension decisions every year?
The amount of accrued interest payable that should be shown on the December 31, 1998 balance sheet is ?
A change from sum-of-the-years-digits to straight-line is what kind of situation? How do you know?
What is the reason for the apparent inconsistency between the fund types in which the revenues and expenses are reported?
duggan company applies manufacturing overhead to jobs on the basis of machine hours used. overhead costs are expected
Suppose that the nominal accounts are nto closed out at the end of the fiscal period. How does it affect accounting data for the next fiscal period?
peabody enterprises prepared the following sales budgetmonthbudgeted salesmarch6130april13122may12177june14010the
As the winner of a breakfast cereal competition, you can choose between the prizes listed below. If the interest rate is 12 percent, which prize is the most valuable?
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