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In 2016, Jeremy's Maple Syrup (JMS) Conglomerate had Net Income of $350,000 and cash provided by operating activities of $250,000, including a S 12,000 net cash outflow for interest payments. In order to maintain this production capability, JMS invested $60,000 in equipment. In addition, JMS paid $7,500 cash dividends and issued a $4,000 stock dividend. Finally, JMS decided to have incur to increase average inventory on hand by $50,000. What is JMS's Free Cash Flow for 2016?
jeoffroy inc. uses the weighted-average method in its process costing. the following data concern the companys assembly
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debbie company manufactures a product requiring 2 pounds of direct material. during 2009 debbie purchases 24000 pounds
Cinnamon, Inc. recorded a total deferred tax asset in 2007 of $12,301, off set by a $12,301 valuation allowance. Cinnamon most likely: A. fully utilized the deferred tax asset in 2007.
Cardinal, LLC incurred $20,000 of startup expenses, $3,000 of organizational costs, and paid $10,000 in transfer taxes to change the title (ownership) of a building contributed by one of the LLC's members. Which of the following statements is corr..
If Rushia Company determines that the fair value of the investment is now $3,900,000 and is using U.S. GAAP for its external financial reporting, which of the following is true?
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What would the normal balance be of a liability account a post closing trial balance? A revenue account? Drawing? Explain.
on june 15 2013 sanderson construction entered into a long-term construction contract to build a baseball stadium in
the cash records of givens company show the following four situations.the june 30 bank reconciliation indicated that
Briefly explain the difference between the cost method and the equity method
smyth corporation had the following balances at 1231x1.cash2000000investements3750000accounts receivable
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