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Looking for Income Statement and Balance Sheet for the Better USA, Inc. company for 2010 and 2011Facts: Sales 11,573 (2010) and 12,936 (2011) - Depreciation 1,661 and 1,736 - Cost of goods sold 3,979 and 4,707 - Other expenses 946 and 824 - Interest 776 and 926 - Cash 6,067 and 6,466 - Accounts receivable 8,034 and 9,427 - Short-term notes payable 1,171 and 1,147 - Long-term debt 20,320 and 24,696 - Net fixed assets 50,888 and 54,273 - Accounts payable 4,384 and 4,644 - Inventory 14,283 and 15,288 - Dividends 1,411 and 1,618
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A____ is a loss to the business and a gain to the debtor
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A lawn care company started business on January 1, 2012. The company billed clients $105,000 for lawn care services completed in 2012. By December 31, the company had received $84,
Q. Dividends in arrears on cumulative preferred stock a. are shown in stockholders' equity of the balance sheet. b. must be paid before common stockholders can receive a dividend.
scope of financial accounting
Q. Cost related issue of debt? Debt is cheaper in comparison of equity because debt is less risky from an investor point of view. This is for the reason that it is often secure
The discount rate used must normally reflect the weighted average cost of equity and debt taking into account the systematic risk of the investment. A company's weighted average co
a) The actual risk-free rate is 3%, and inflation is usual to be 2% for the next 2 years. A 2-year Treasury security yields 6.7%. What is the maturity risk premium for the 2-year s
Conditions of a will A written will is not valid unless it fulfills the following conditions. 1) The testator must sign the will; or he must affix his mark to the will (i.e. a
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