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Selected financial statement information is reported below for Cameron Corporation for the year ended December 31, 2012.Sales....$400,000Cost of goods sold....$220,000Depreciation expense....$30,000Wages expense....$34,000__________________________Net income....$90,000Dividends paid....$20,000Account Balances..........Dec 31, 2012..........Dec 31, 2011Cash.............................$25,000.................$37,000Accounts receivable.......$30,000.................$40,000Inventory.......................$35,000.................$26,000Wages payable .............$10,000..................$8,000Using the above data, determine the cash flow from operating activities for the year using the direct method. Show your work.
He wants to settle the case. Write a memo to him that states your view of whether the company is exposed to liability on all issues you feel are in play. Include in your memo any laws that apply and any precedent cases either for or against Teddy'..
The Flintstone Construction Company delivers dirt and stone from local quarries to its construction sites. A new truck that was purchased for a cost of $120,000 at the beginning of the year was expected to deliver 200,000 tons over its useful life..
lunderville inc. bases its selling and administrative expense budget on budgeted unit sales. the sales budget shows
primo industries collected 104282 from customers in 2014. of the amount collected 24011 was from services performed in
A company purchases a $100,000, 10-year bond on January 1, 19X1 at 107. After 5 years, it sells the bond at 102. Prepare the entry for the sale.
O.2 Compute the 2015 standard deduction for the following taxpayers. Margie is 15 and claimed as a dependent by her parents. She has $800 in divi- dends income and $1,400 in wages from a part-time job.
You are a Hometown accountant. The Capital Project Fund has just been created to account for resources received and expended for the construction of a new Health Center.
as of june 30 2012 the bank statement showed an ending balance of 13879.85. the unadjusted cash account balance was 13
princess cruise lines has the following service departments concierge valet and maintenance. expense for these
using the information below calculate gross profit for the period. beginning direct materials 25100 ending direct
fabulator inc. produces and sells fashion clothing. on july 1 2012 fabulator inc. issued 120000000 of 20-year 14 bonds
compute the missing amounts in the following table.comment on the companys performance over the three year period after
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