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Accounting increases a student's preparedness to understand complex business concepts and the rationale managers use to make financing decisions. It is a business discipline that allows companies to analyze, record, and retrieve critical financial information that can be used to determine a company's financial status, and provide reports and insights that are needed to make sound financial decisions.
Use the Internet or the Strayer Online database to research relevant accounting information to respond to the questions in the assignment.
Write a two to three (2-3) page paper in which you:
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The specific course learning outcomes associated with this assignment are:
Mary and Bob have been married for 25 years. They are both college professors. Mary makes $65,000 annually and Bob makes $75,000 annually.
Suppose that you've a short investment horizon (less than one year). You're considering two investments: a one-year Treasury security and 20-year Treasury security.
The contribution margin of the finished products is $6 each. Inventory carrying costs are $0.40 per unit per day. What is the change in the daily contribution margin if the change is made?
a corporation is considering expanding operations to meet growing demand. with the capital expansion the current
erica is a citizen of a foreign country and is employed by a foreign-based computer manufacturer. ericas job is to
a machine which has a 10 year life will cost 11000 now with annual operating costs of 500 the first year and increasing
Spoiled Baby Corp (SPC) sells baby buggies. Recent changes in the law required SPC to warranty its products for 90 days and you must set up the required accounts. Historical Data indicates that 6% of monthly sales result in warranty claims. The Ju..
Prepare journal entries to record the transactions above on the books of TV Land Company. Closing en- tries should not be made.
In this way we could combine the recording and posting process into one step and save ourselves a lot of time. What do you think?
If the bonds are converted into common, what is the amount of paid-in capital in excess of par to be recorded on the conversion of the bonds?
A company paid $500,000 for 12% bonds with a par value of $500,000. The bonds pay 6% interest semiannually on September 1 and March 1. The company intends to hold the bonds until they mature. Prepare the journal entries for the following dates and..
For the year ended December 31, 2011, Winter Company has implemented an employee bonus program equal to 3% of Winter's net income, which employees will share equally. Winter's net income (prebonus) is expected to be $1,000,000, and bonus expense i..
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