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Available for sale Securities: Company Cost Value, 12/31/14 Value, 12/31/15 A Company $25,000 $13,000 $20,000 B Company 13,000 20,000 20,000 C Company 35,000 30,000 25,000 Required: (1.) Prepare the necessary journal entries for FKG on December 31, 2014, and December 31, 2015. (2.) Describe how, and what amount, will show up on the 2014 and 2015 Income Statements. (3.) Describe how and what amount will show up on the 2014 15 Equity sections of the Balance Sheet.
Determine the (a) current ratio, and (b) quick ratio. Round your answer to one digit after the decimal.
company a has revenues of 3750 net income to common sharholders of 476 income before interest and related taxes of 476
rapid auto has over 200 auto-maintenance service outlets nationwide. it provides primarily two lines of service oil
kelm company purchased a new machine on october 1 2012 at a cost of 120000.the company estimated that the machine will
To maximize the firm value, should GS accept the Kojo offer? Why or why not? Given the data, what is GS weekly fixed cost of producing the tiger head covers? Besides the data provided above, what other factor should GS consider before making the deci..
manufacturing statements and cost behavior tampa foundry began operations during the current year manufacturing various
revision of depreciation equipment with a cost of 300000 has an estimated residual value 42000 has an estimated useful
Prepare an income statement for Wayside Inc. for the year ended December 31, 2010. (List multiple entries from largest to smallest amounts, e.g. 10, 5, 1.)
a person was considering buying a house priced at 200000. a mortgage company claimed the interest rate for the 20-year
harvey clothing store had a balance in the accounts receivable account of 390000 at the beginning of the year and a
Torrie Company borrowed $50,000 on January 2, 2007. This amount plus accrued interest of 5% compounded annually will be repaid at the end of 3 years. What amount will Torrie repay at the end of the third year?
Briefly discuss the economic, political, educational, family, and marital systems of a country of your choice. When doing business in the chosen country, what kind of social hierarchies and social interactions should you be aware of?
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