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Commencement of business (Just Juice Bar)
1. What date did business commence? (Any date up to you)
2. Work out how much it will cost to commence business.
3. The capital to start business must come from the partners. Work out how much each partner is contributing (REALISTIC NUMBERS, REMEMBER IT'S A JUICE BAR BUSINESS). Write the details of each partner's contribution in narrative form. At least one of the partners must have contributed more than just cash. If other assets are introduced, they must be realistic. Explain where they came from if necessary.
Assume you are reviewing a company's annual report. In addition to actual revenues reported in the income statement, what other information disclosed would give you help in estimating this company's future revenues?
During the first year of coperations,Shapiro tool accumulated the following manufacturing costs: Raw materials puschased on account 8000 factory labor accrued 6000 incurred manufacturing overhead on account 4000 Prepare separate journal entries for e..
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The analytical framework used to evaluate transactions in reproduced below:
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part aan issue that attracts debate in relation to corporate governance is whether there should be a requirement that
To determine whether accounts payable are complete, an auditor performs a test to verify that all merchandise received has been recorded. The population for this test consists of all:
a. For Fox Manufacturing, determine the annual manufacturing overhead cost-allocation rate. b. Determine the amount of manufacturing overhead costs allocated to the Maize High School job.
The Wei Corporation expects next year's net income to be $15 million. The firm's debt ratio is currently 40 %. Wei has 12 million of profitable investestment opportunites, and it wishes to maintain its existing debt ratio.
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How would you paraphrase the definition of equilibrium price?Equilibrium price occurs when supply and demand quantities meet.Equilibrium price occurs when price and demand are consistent.Equilibrium price is established when buyers' and sellers' pric..
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