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1. Willis Corporation has beginning inventory $81,000; Purchases $540,000; Freight-in $16,200; Purchase Returns $5,800; Purchase Discounts $5,000; and ending inventory $70,200. Compute cost of goods sold.
Westfield Corporation makes two different boat anchors-a traditional fishing anchor and a high-end yacht anchor-using the same production machinery.
optic matrix inc. plans 3200 hours of production for the yokohama cell for the year. the materials cost is 125 per
Prepare the journal entry for Sorter Company to write off the Ordonez receivable. When writing the journal entry use Dr. for debit and Cr. for credit.
calculate the present value of a stream of income when thediscount rate 8 and you earnedyear 1 42000000.00year 2
A proposed new investment has projected sales of $720,000. Variable costs are 60 percent of sales, and fixed costs are $161,000; depreciation is $62,000. Prepare a pro forma income statement assuming a tax rate of 30 percent. What is the projected ne..
hillside issues 1500000 of 6 15-year bonds dated january 1 2013 that pay interest semiannually on june 30 and december
Rolling Thunder decided to discontinue its entire wholesale division (a major line of business) and to keep its manufacturing division. On September 15, it sold the wholesale division to Dylane Corp. During 2014, there were 800,000 common shares o..
ramsey automotive ltd. had sales of 2000000 and net operating income of 600000 last year. operating assets last year
Evaluate the social issues likely to impact on a business operating in a developing country.
carbozo was an officer of a corporation in the business of selling hospital supplies. due to stiff competition the
Prepare journal entries to record the transactions above on the books of TV Land Company. Closing en- tries should not be made.
Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities.
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