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Following are extracts from the financial statements of Elisa County for the year ended December 31, 2013. The funds shown are the governmental operating funds Capital Projects Funds are omitted. (All amounts are in thousands of dollars.)
Use the preceding information to compute the following ratios for Elisa County:a. Quick ratio (aggregated governmental operating funds)b. Property tax receivable ratec. Operating margin, computed separately for General Fund and for aggregated operating fundsd. Budgetary cushion, for General Fund onlye. Debt service burden ( aggregated General and Debt Service Funds)
spice inc.s unit selling price is 60 the unit variable costs are 35 fixed costs are 125000 and current sales are 10000
on dec 31.2008 xyz corp had 600000 shares of common stock and 300000 shares of 8 noncumulativenonconvertible prreferd
frank erlacher an inventory control specialist is interested in better understanding the accounting for inventories.
Prepare a performance report for Ranger Company for the year.
question 20 figure 4-1. foster company makes power tools. the budgeted sales are 420000 budgeted variable costs are
sweeten company had no jobs in progress at the beginning of march and no beginning inventories. it started only two
kelley company and mason company each have sales of 200000 and costs of 140000. kelley companys costs consist of 40000
Distinguish between ordinary repairs and extraordinary repairs. How is each accounted for?
(TCO A) Blue Suede Construction Corp used the percentage-of-completion method of revenue recognition. They were contracted to build the new amphitheater for $800000. Additional information was provided:
garland mills purchased a certain piece of machinery 2 years ago for 500000. its present resale value is 380000.
Maria Chevas bought a GIC (guaranteed investment certificate) on June 1 for $3,200. The certificate reached maturity on December 1 (it was a six-month certificate). On December 1, she cashed in the certificate and received her original $3,200 back..
admissionwithdrawal of partnersnbspmerrill lynch and pierce are partners with current capital balances of 10000 15000
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