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Why does a company choose to form as a corporation?
What are the steps required to become a corporation?
What are the advantages and disadvantages of the corporate form of doing business?
Heritage company receives a 4-year, $20,000 note receivable on July 1, 2010 that does not bear interest. Interest on similar notes is 10%. Assuming that the present value of the note is $14,000 on July 1, 2010, the amount of interest that will be ..
If the yield on the Standard & Poor's Preferred Stock Index declines, how will the price of the preferred stock be affected?
Prepare a paper that discusses the significant elements of forming a partnership. Conduct research for the laws of Minnesota that regulate the formation of partnerships. What other types of business formations are allowed by Minnesota state law?
The revenue principle states that revenue shall be recognized at a point when
Determining the proper dollar valuation
Buttercup company 12% bonds, par $50,000, dated March 1, 2010, purchased at par plus accrued interest, interest payable annyally on March 1, due March 1 2030 was 52,000. Prepare the entry to accrued interest on December 31,2010?
Jane contributed land with an adjusted basis of $150,000 and a fair market value of $200,000. The land contributed by Stephanie was encumbered by a $250,000 nonrecourse debt. Assume the partners share debt equally. Immediately after the formation,..
Mars Corporation has three departments. Condensed income statement data are as follows:
What are the potential benchmarks that you could use to compare a company's financial ratios? What are the pros and cons of these alternatives?
The production budget shows planned sales of 32,000. Beginning inventory is 5,600. Units to be produced are 33,600. What is the desired ending inventory?
If fixed costs are $561,000 and the unit contribution margin is $8.00, what is the break-even point in units if variable costs are decreased by $.50 a unit?
Expensens accrued and still unpaid were $6,000 as at December 31, 2007, and $9,000 as at December 31, 2008. Can you show the computation of expenses on the accrual basis for the year 2008?
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