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1. Assume that the most you would pay for the business is 20 times the monthly net income you could expect to earnfrom it. Compute this possible price.
2. Nicholas states that the least he will take for the business is an amount equal to the business's stockholders' equity balance on January 31. Compute this amount.
3. Under these conditions, how much should you offer Nicholas? Give your reason.
Prepare the appropriate journal entries to record salaries and wages expense and payroll tax expense for the January 2011 pay period.
rf company had january 1 inventory of 150000 when it adopted dollar-value lifo. during the year purchases were 900000
Journal entries to correct the cash account
As a long-term investment, Painters' Equipment Company purchased 20% of AMC Supplies, Inc.'s 400,000 shares for $480,000 at the beginning of the fiscal year of both companies.
the conversion of preferred stock may be recorded by thea. market value method.b. par value method.c. book value
on december 31 2014 kate holmes company has 7267400 of short-term debt in the form of notes payable to gotham state
youre a business consultant providing information and advice to future small business owners. controls are especially
Each of the following independent events requires a year end adjusting entry.
Were there significant changes to any of the specific line-item details that you think would require further explanation or analysis
f(x) = 12x3 - 117x2 - 432x +2 List any invetervals on which the function is increasing and decreasing. Identify the time intervals where A(x) is decreasing.
compute the payback period for each of these two separate investments1. a new operating system for an existing machine
The real risk-free rate is r* = 2.80%, the default risk premium for Crockett's bonds is DRP = 0.85% versus zero for T-bonds, the liquidity premium on Crockett's bonds is LP = 1.25%, and the maturity risk premium for all bonds is found with the for..
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