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Looking for Income Statement and Balance Sheet for the Better USA, Inc. company for 2010 and 2011There are two sets of numbers, after each category. The first will represent 2010 and the second 2011. Need calculations for an Income Statement and Balance sheet for both years 2010 and 2011.Facts: Sales 11,573 (2010) and 12,936 (2011) - Depreciation 1,661 and 1,736 - Cost of goods sold 3,979 and 4,707 - Other expenses 946 and 824 - Interest 776 and 926 - Cash 6,067 and 6,466 - Accounts receivable 8,034 and 9,427 - Short-term notes payable 1,171 and 1,147 - Long-term debt 20,320 and 24,696 - Net fixed assets 50,888 and 54,273 - Accounts payable 4,384 and 4,644 - Inventory 14,283 and 15,288 - Dividends 1,411 and 1,618
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Determine out the future value of Rs.1000 compounded yearly for 10 years at an interest rate of 10 percent. Solution: The future value 10 years thus would be FV = PV (1+k)
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Question : The subsequent data pertain to a shop. The owner has made following sales forecasts for the first 5 months of the coming year.
I need help with a practice test so I can study well for my midterm soon this week.
If you have 10,000 shares of common stock sold at $10 per share; and 100,000 shares authorized at $1 par value how would you show this on the balance sheet? Also if we issue 10,00
1. According to the notes to the financial statements, what method or methods does the company use to depreciate "plant and equipment?" What rate does it use to depreciate plant an
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