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Companies may report cash flows from extraordinary transactions and other events either as investing or financing activities. Instructions for Discussion Board Posting #1: Provide an example of a company traded on the NYSE or NASDAQ that has reported an extraordinary transaction as either an investing or financing activity. Please post your company selection on the DB by 9:00 PM EST at least 48 hours prior to the due date. No credit will be available for: ? analyzing any of the following companies: Best Buy, Circuit City, Proctor & Gamble Company, Coca-Cola Company, PepsiCo., Inc.; ? selecting a company with stock that not traded on the NYSE or NASDAQ; ? submissions posted without the link to the related annual report; ? evaluating a company selected by another student; or ? a posting exceeding 200 words. Instructions for Discussion Board Posting #2: Provide a meaningful response to the post of another student. No credit will be available for postings exceeding 75 words.
A company reports the following beginning inventory and purchases for January. On January 26, 355 units were sold. What is the cost of the 160 units that remain in ending inventory
A Company forecasts sales of $91,500 for the quarter ended December 31. Its gross profit rate is 18% of sales, and its September 30 inventory is $25,000. If the December 31 inventory is targeted at $7,500, budgeted purchases for the fourth quarter..
Someone purchased 320 shares of DNA at 35 3/4 from broker. He charges 1.6% for the transaction. Odd lot carry 1/8 of a dollar brokerage differential.
Calculate the issue price of a $1,500,000 bond issue and prepare the journal entries for the issuance and first years' interest payments (use the effective interest method). Assume the bonds are paid semiannually (June 30 and December 31).
The Zoe Corporation has the following information for the month of March. Prepare a (a) schedule of cost of goods manufactured, (b) an income statement for the month ended March 31, and (c) prepare only the inventory section of the balance shee..
What are the equivalent units of production (EUP) for the conversion costs in the month of September assuming ALG uses weighted-average process costing?
XYZ Company is building a new hockey rink at a cost of $1,500,000. It received a down payment of $500,000 from local businesses in support of the project and now needs to borrow $1,000,000 to complete the project. It therefore decides to issue $1,..
You have started a sole-proprietorship business. Itis a department store selling groceries. You receive payment for the sales made either through a credit card or cash. You pay your suppliers on a credit basis of 30 days. To efficiently manage acc..
Varton Corp. acquired all of the voting common stock of Caleb Co. on January 1, 2011. In 2011, Varton owned some land with a book value of $84,000 that was sold to Caleb for its fair value of $120,000. How should this transaction be accounted for ..
Diane, the tool crib attendant, works eight hours a day, five days a week. Each order is for one small tool and each small tool takes Diane 2 minutes to retrieve from the bins. What is the average waiting time, in minutes?
dugan sales had the following transactions for jackets in 2013 its first year of operationsjan 20nbspnbspnbsp purchased
Compute the resulting increase or decrease in Omega's taxable income. Explain each step
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