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A donor pledged $100,000 to the fund raising drive of a local government to assist its police officers in obtaining the latest technology. The pledge was made on July 16, 2008 but was conditioned on the government raising an additional $100,000 from other donors. By the fiscal year-end of June 30, 2009, the local government had raised only $5,000 from other donors. What entry would be made for the initial pledge by the local government during the year ended June 30, 2009?
A Corp. reported $120,000 of net income and has outstanding 10,000 shares of $1 preferred stock, par of $50, and 50,000 shares of $100 par common stock. Illustrate what is the earnings per share?
Make the journal entry necessary on Plitt's books to record the factoring of the accounts.
What price would have been charged to the customer if the job required $3,3000 in materials and $4,5000 in direct labor cost, and the company priced its jobs at 20% above the job’s cost according to the accounting system?
Illustrate what kinds of checks and balances could you put into place to insure ethical behavior and accountability for both yourself and your employees?
how much income does Sean have if the benefit is provided on a nondiscriminatory basis?
Evaluate the amount of net loss that Jones can report on its income statement for the year
Select a global challenge facing international financial reporting and explain how preparers and users of financial statements and capital market regulators have a stake in the outcome.
Evaluate ending inventory and cost of goods sold under each method, and then compare results.
Other than satisfying the SEC's full disclosure requirement, why is it important for a firm to provide the forward looking statement?
Evaluate the unit contribution margin and the contribution margin ratio - Armstrong Helmet Company manufactures a unique model of bicycle helmet.
Evaluate the amount of annual cash flows that Research In Motion must earn from these projects Assess RIM's most current annual financial statements, from its website or the SEC's website
Illustrate what business risks does JetBlue face that may threaten the company’s ability to satisfy stockholder expectations? What are some examples of control activities that the company could use to reduce these risks?
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