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Using the accural basis revenue on the income statement was$124,320. Accounts receivable were $3,320 on January 1 and $3,600on December 31. Unearned revenue was $1,040 on January 1 and $1,690 on December 31.
Calculate the revenue for the year on a cash basis.
earson Brothers recently reported an EBITDA of $16.5 million and net income of $2.8 million. It had $2.0 million of interest expense, and its corporate tax rate was 30%. What was its charge for depreciation and amortization?
Suppose China exports TVs and uses the yeah as its currency, whereas Russia exports vodka and uses the ruble. China has a stable money supply and slow, steady technological progress in TV production, while Russia has very rapid growth in the money..
A group of college students were given a short course in speed-reading. The instructor was curious if a monetary incentive would influence performance on a reading test taken at the end of the course. Half the students were offered $5 for obtainin..
Why they need to hedge foreign exchange, What sort of foreign exchange instruments you would recommend, Whether they have to be aware of any government regulations that would affect earnings and cash flow
How Indonesia has adjusted to the period of a G-Zero World (i.e., instability and public spending cuts) and the Beijing Consensus; how developed is the country in regard to the concepts of competitive advantage of nations
Formulate a reason why the elasticity of demand is an important consideration when analyzing the impact of a shift in supply and why the elasticity of supply is an important consideration when analyzing the impact of a shift in demand. Include at lea..
If we assume that all firms in a perfectly competitive constant cost industry are identical, we conclude that, in the long run, product price will exactly equal the firms' minimum average total cost. Explain why this is true using supply and deman..
A factory owner buys a tractor and a lorry. A tractor costs £1,060,000 and is estimated to have a life of 4 years and a scrap value of £20,000. Using the equal installment method
Price can be substituted for marginal revenue in the MR = MC rule when an industry is purely competitive because price minus cost equals marginal revenue. and marginal cost are the same in pure competition. is the same as average revenue.
A firm located in a small town in East Coast relocates to West Coast. Workers in that town cannot sell their homes to move with the firm. The resulting unemployment is called:
some friends of yours have just had a child. thinking ahead and realizing the power of compound interest they are
Research the elasticity of beef and eggs in regards to price changes. Explain how do supply, demand, and price controls interact to affect equilibrium price of eggs
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