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Find the Ration of Net Sales to Assets - 2012 2011 Net Sales $4,445,700 $4,096,050 Total Assets $9,861,285 $7342,255 Long Term investments $1,258,436 $ 119,935 I know I need to divide Net Sales by Average Total assets I did this and came up with .56 which is incorrect.
Beginning on december 31, 2011, six equal annual withdrawals are to be made. Determine the equal annual withdrawls if $11,000 is invested at 10% interest compounded annually on December 31, 2010
Assume Mid-South Urologists Group leased the lithotripter directly from the manufacturer, Rand Medical, which produced the machine at a cost of $1.7 million. Prepare appropriate entries for Rand Medical from the inception of the lease through the ..
During August, the cost of goods manufactured was $73,000. The beginning finished goods inventory was $15,000 and the ending finished goods inventory was $21,000. What was the cost of goods sold for the month?
Financial statements are prepared in accordance with what? What governing bodies set accounting standards? Why do you think financial statements are required to be prepared using the same standards?
Callaghan Motors' bonds have 10 years remaining to maturity. Interest is paid annually; they have a $1,000 par value; the coupon interest rate is 8 percent
I know that Eleanor will have a capital gain...but how does having the transaction qualify or not qualify for sale or exchange treatment affect Eleanor's capital gain?
For the year ended December 31, 2007, May's bad debt expense would be ??
Which of the following is not an advantage of international acquisitions over the establishment of a new subsidiary?
Describe the elements of an organization's external environment. Why is it important to understand the external environment?
Emu Company, which was formed in 2010, had operating income of $200,000 and operating expenses of $120,000 in 2010. In addition, Emu had a long-term capital loss of $10,000. How does Andrew, the owner of Emu Company, report this information on his..
two projects being considered are mutually exclusive and have the following cash flows if the required rate of return
If the recorded value of a note differs from the face value: a. Explain how the company should account for the difference. b. Explain how the company should present this difference in the financial statements.
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