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1. Use the information provided in BE12-1. Assume that at January 1, 2012, the carrying amount of the patent on Celine Dion's books is $43,200. In January, Celine Dion spends $24,000 successfully defending a patent suit. Celine Dion still feels the patent will be useful until the end of 2019. Prepare the journal entries to record the $24,000 expenditure and 2012 amortization.
on january 1 2012 palmer company leased equipment to woods corporation. the following information pertains to this
Operational, Financial and degree of Combined leverage. Calculate the sustainable growth rate and if new funds are required too sustain a 15% increase in sales for 2013
goering zarcus and schmit are partners and share income and loss in a 145 ratio. the partnerships capital balances are
kirby airlines is a small airline that occasionally carries overload shipments for the overnight delivery company
blue stripes co. is comparing two different capital structures. plan i would result in 8500 shares of stock and 313500
Holly's stockholders' equity was $280,000 at the beginning of the year and $320,000 at the end of the year. The company has 20,000 shares of stock outstanding at December 31, 2010.
The community of Tampa, Florida, has a diverse population, with healthcare being provided to persons with low incomes,extremely wealthy individuals.
Comment on Michael and Susan approaches
coogly company is attempting to identify its weighted average cost of capital for the coming year and has hired you to
Prepare a statement of cost of goods manufactured for Widget Company for the year ended December 31, 2011 - Compute the economic order quantity and compute the order size that results in the minimum total order and carrying cost
Also, a 90-day put option with an exercise price of $.73 and a premium of $.01 is available. FAB plans to purchase options to hedge its payable position. Assuming that the spot rate in 90 days is $.71, what is the net amount paid, assuming FAB wis..
At the time of purchase, the equipment had a list price of $20,000. When the balance sheet was prepared, the value of the equipment later rose to $22,000. What is the relevant amount at which to present the equipment on the balance sheet?
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