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General Mills reported the following information in its 2009 financial statements ($ in millions):
Real World FinancialsA note disclosed that the allowance for uncollectible accounts had a balance of $18 million and $16 million at the end of 2009 and 2008, respectively. Bad debt expense for 2009 was $14 million.
Required:
Determine the amount of cash collected from customers during 2009.
The EDGAR website describes many SEC-required forms. Explain the purpose of each of the following SEC forms: Form 8-K, Form 10-K and Form 10-KSB
strauss corporation is making a 70000 investment in equipment with a 5-year life. the company uses the straight-line
Prepare the appropriate eliminating entries for this transaction which would appear on the year-end December 31, 2005 worksheet.
Each student will be responsible for presenting a synopsis/review of one journal article and facilitating a brief class discussion pertinent to the article. The article must pertain to diversity in the workplace. A written synopsis of the article ..
your firm has engaged to examine the financial statements of almaden corpration for the year 2012. the bookkeeper who
as a long-term investment at the beginning of the fiscal year florists international purchased 30 of nursery supplies
Prepare the statement of cash flows for the current year ended December 31 using the indirect method. Use the statement of cash flows to evaluate the company's cash flows.
Discuss how your understanding of the balance sheet and income statement may be applied to your current or future position.
the following tentative auditors report was drafted by a staff accountant and submitted to a partner in the accounting
A company that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed to produce the shopping carts.
in the current year mikes agi is 50000. mike has no miscellaneous itemized deductions other than the employment-related
Which payment plan has the lowest risk of loss for the organization? Explain
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