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Financial Accounting - Fundamental Principles of Accounting
Horngren's Accounting: The Financial Chapters (10th Edition)
Please complete the following exercises and/or problems from the textbook:
P1-40A - Using the accounting equation for transaction analysisP1-43A - Preparing financial statementsP1-54 - using the accounting equation for transaction analysis, preparing financial statements, and calculating return on assets (ROA)
Prepare your answers in an Excel workbook, using one worksheet per exercise or problem.
Labor costs incurred to build the company's main product for resale.
Black's additional paid-in capital was $650,000. What should be the balance in Black's additional paid-in capital account immediately after the reverse stock split?
Springfield Nuclear Energy Inc. bonds are currently trading at $885.87. The bonds have a face value of $1,000, a coupon rate of 3.5% with coupons paid annually, and they mature in 25 years. What is the yield to maturity of the bonds?
Determine net sales for October 2012 and evaluate gross profit for October 2012
Harbor (lessee) signs a five-year capital lease for office equipment with a $10,000 annual lease payment. The present value of the five annual lease payments is $41,000, based on a 7% interest rate. Prepare the journal entry Harbor will record at inc..
What would be the key points of your lecture and what types of problems or examples would you present to your students?
Determine the current ratio for 2006, Calculate the quick ratio for 2006 and Calculate receivable turnover for 2006.
Determine Earnings Per Share based on the information and Determine the earnings per share of common stock for the 2007 fiscal year
Glen Lake Corporation recorded the following transactions for the just completed month: Record the above transactions in journal entries.
In 2011, due to changes in technology, Nanki revised the useful life to a total of 4 years with no residual value. What depreciation would Nanki record for the year 2011 on this equipment?
Basic NPV with Salvage Value Schaefer Organic Farms purchased a new tractor at a cost of $80,000. Annual operating cash inflows are expected to be $30,000 each year for four years. At the end of the tractor's useful life, the salvage value of the tra..
The equipment had an original cost of $200,000 when purchased on January 1, 2012. It has a 10-year useful life and no salvage value. Depreciation expense recorded prior to 2014 under the double declining balance method was $72,000.
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