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A voluntary health and welfare organization obtains contributions to perform various social services. The following information is extracted from its statement of activities. Compute the organization program services ratio.Expenses: Youth services program.......... $ 89,000Senior citizens health services program........ 312,000Adult counseling services program.......... 248,000Management and general .............. 156,000Fund- raising ................... 98,000Total expenses .................. $ 903,000
securities held by an investment trust fund and carried on the books at 100000 are sold for 110000. on receiving the
she contributed an additional $20000 to the corporation to help them. How much of her loss may she deduct as an ordinary loss?
Describe the methodology for the direct and indirect cash flow methods including the major cash flow categories of operating, investing, and financing activities and give examples of each activity. Describe the relationship between the beginnin..
asty subs acquired a delivery truck on october 1 2012 for 19850. the company estimates a residual value of 7550 and a
Jurassic Company owns equipment that cost $1,867,500 and has accumulated depreciation of $788,500. The expected future net cash flows from the use of the asset are expected to be $1,037,500. The fair value of the equipment is $830,000.
Record the 2011 entries for the purchase of the machine and the lease on the books of Grande machinery and for Sunshine Engineering.
barker company has a single product called a zet. the company normally produces and sells 80000 zets each year at a
a self-employed person deposits 3000 annually in a retirement account called a keogh account that earns 8 percent.a.
boyne inc. had beginning inventory of 13320 at cost and 22200 at retail. net purchases were 133200 at cost and 188700
gateway inc. sells computers computer products computer peripherals and computer accessories throughout the world. by
Compute the equivalent units of production for materials and conversion costs for the first department for October, assuming that the company uses the weighted-average method for accounting for units and costs:
garland company has a capacity of 50000 units per year and is currently selling all 50000 for 500 each. garcia company
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