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You own an automobile parts company and have beenapproached by a leading car manufacturer to supply parts to thecompany. How would you determine that the car manufacturer has agood record of servicing sales and paying its customers? What arethe signs you would look out for in the financial statements forthe possibility of bad debts? Give reasons for your answers.
on january 2 2013 pod company purchased 25 of the outstanding common stock of jobs inc. and subsequently used the
What type of fraudulent activity could this have been and what type of testing could have been included in the audit to discover it? What can auditors do to verify inventory levels and that no fraudulent activity is occurring between annual inven..
flower company has 40000 shares of 100 par 2 cumulative preferred stock and 20000 shares of 50 par common stock. the
copper queen hotel is interested in estimating fixed and variable costs so the hotel can make more accurate projections
a company has two products a and b. it uses activity-based costing and has prepared the following analysis showing
Show me the assumption and give the simple entry for explanation
Prepare adjusting journal entries for the following and post to the T-accounts. (Omit explanations.) Open additional T-accounts as necessary. (The books are closed yearly on December 31.)
swift corp. a capital goods manufacturing business that started on january 4 2012 and operates on a calendar-year basis
mel oconnor owns rental properties in michigan. each property has a manager who collects rent arranges for repairs and
salter inc.s unit selling price is 51 the unit variable costs are 32 fixed costs are 115315 and current sales are 9505
gifford lawrence and ma share equally in net income and net losses. after the partnership sells all assets for cash
What is the amount of the low-income housing credit that Chris may claim in 2005 (assuming a rate of 7.96%)? What is the total amount of the credit that Chris may claim as a result of the $800,000 expenditure?
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