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Describe the fiduciary funds. Specifically, describe the characteristics of; the pension trust fund; the private purpose trust fund; the investment trust fund. Also, discuss why these funds use full accrual accounting and the economic resources measurement focus.
Determine the firm's cost of retained earnings and the cost of new common equity. and If Dempere's after-tax cost of debt is 8%, what is the WACC with retained earnings? With new common equity?
On January 1, 2012, Lake Co. purchased a machine for $1,320,000 and depreciated it by the straight-line method using an estimated useful life of eight years with no salvage value. On January 1, 2015, Lake determined that the machine had a useful life..
Kold Corporation estimates that its 2015 taxable income will be $900,000. Thus, it is subject to a flat 34 percent income tax rate and incurs a $306,000 tax liability. For each of the following independent cases, compute the minimum quarterly estimat..
On March 1, 2013, E Corp. issued $1,400,000 of 8% nonconvertible bonds at 103, due on February 28, 2023. Each $1,000 bond was issued with 30 detachable stock warrants, each of which entitled the holder to purchase, for $75, one share of Evan's $25 pa..
How might the independence violations negatively affect auditors.
Journalize the entries to record these transactions. For a compound transaction, if an amount box does not require an entry, leave it blank. In your computations, round per share amounts to two decimal places. When required, round final answers to th..
go to each companys website and review the most recent financial statements for each company and answer the following
Evergreen Company sells lawn and garden products to wholesalers. The company's fiscal year-end is December 31. During 2016, the following transactions related to receivables occurred: Prepare the necessary journal entries for Evergreen for each of th..
Estimate the variable cost per DRG 209 using the departmental cost/charge ratios and variable cost percentages.
Prepare summary journal entries for 2011 and 2012 to account for the installment sales and cash collections. The company uses the perpetual inventory system.
Describe two business examples each for the cash inflows and cash outflows for each business activity: Operating activities, investing activities, and (Debt & Equity) Financing activities. Explain how each of these business activities correlates to e..
In no more than two typed pages, address the following questions related to your selected company: What is the company’s principal lime of business and major competitors? Calculate the 8 ratios for the current year. Investment decision: Provide a sta..
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