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Bros Corp. has several subsidiaries that are included in its consolidated financial statements. In its December 31, year 1 trial balance, Wright had the following intercompany balances before eliminations:
Debit Credit Current receivable due from Main Co. $ 32,000 Noncurrent receivable from Main Co. 114,000 Cash advance to Corn Corp. 6,000 Cash advance from King Co. $ 15,000 Intercompany payable to King Co. 101,000 In its December 31, year 1 consolidated balance sheet, what amount should Wright report as intercompany receivables?
If martin's contributions to plan had been $25000 instead of $48000 how much taxable income would he have to report in2011 from plan distribution?
The first payment is $300 and each successive payment will increase by a constant dollar amount x. How much is the constant amount x? How much is the 48th payment?
Norrison Automotive produces brake systems for major automobile producers. Assign the cost of labor to each of the three activities in the accounts payable department.
By how much must the assets be reduced to bring the TATO to the industry average - Investment analysis and calculation of Return on Equity.
Prepare the 20XX income statement for Melanie Mielke Construction Corporation
Prepare a monthly production schedule and a monthly summary of cash payments for January through June. Dina produced 800 units in December.
Estimate the stock price for year s two and three, assuming that the current PE multiple remains constant for each of the two forecasted years.
Determine the potential legal liability the accountant can face. Justify your position.
Compute the ratio of cash flow to net income for 2004 and 2003. Round to one decimal place. In 2004, Estée Lauder reported a loss from discontinued operations of $33.3 million.
Show two possible explanations for each of the unfavorable variances calculated in E25-8 (a), and suggest where responsibility for the unfavorable result might be placed. Refer to E25-8 (a).
If Bob wants to have $114058 at retirement 41 years from now, how much does he need to invest today assuming an 9 % rate of return on his investment? Round your answer to the nearest whole number.
revenue recognition based on accrual basis.please provide explanation as to how you derived to your answerssuppose you
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