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Question - An investor in the United States bought a one year Singapore security valued at 150,000 Singapore dollars. The U.S. dollar equivalent was $100,000.00. The Singapore security earned 15% during the year but the Singapore dollar depreciated 5 cents against the U.S. dollar during the same time period ($0.67/SD to $0.62/SD). After transferring the funds back the United States, what was the investor's return on his $100,000.00? Determine the total ending value of the Singapore investment in Singapore dollars and then translate the value to U.S. dollars by multiplying by $0.62. Then compute the return on the $100,000.00.
Harry pays $600 for airfare, $200 for meals, and $500 for lodging while on business. The cost of meals and lodging while on vacation was $300 and $500, respectively. How much may Harry deduct as travel expenses for the trip?
Prepare a production cost report for the Welding Department for the month of February
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health care costs a businessweek article titled hsas could keep you in the pink by christopher farrell describes the
at august 31 felipe company has a cash balance per books of 8097 and the following additional data from the bank
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The units of Manganese Plus available for sale during the year were as follows: Determine the inventory cost by the average cost methods
Compute depletion and depreciation on the mine and mining equipment for 2011 and 2012. The units-of-production method is used to calculate depreciation.
When auditing financial statements of a private company, the minimum work an auditor must perform in connection with a company's internal control is best described by which of the following statements:
Calculate the net positive effect on the company's profit per brake unit given that the Electrical Division supplies the fittings to the Brake Division
What are the two objectives of accounting for income taxes identified in FASB Statement No. 109?
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