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1. Journalize the following transactions in the accounts of Zion Theater Productions:
Mar. 1. Received a $40,000, 90-day, 8% note dated March 1 from Gymboree Company on account.
31. Discounted the note at Security Credit Bank at 10%.
May 30. The note is dishonored by Gymboree Company; paid the bank the amount due on the note, plus a protest fee of $200.
June 29. Received the amount due on the dishonored note plus interest for 30 days at 12% on the total amount charged to Gymboree Company on May 30.
Calculate the accounts receivable turnover ratio.
The new equipment has a 10-year life and expected salvage value of $105,000. What should the officer do? The tax rate is 35%, the CCA rate, 25% for both excavators and the required rate of return for the company is 13%.
In linear programming, why is it so critical that the number of nonzero-valued variables exactly equals the number of constraints at corners of the feasible space?
Interview a health care leader of your choosing. Discuss topics related to leadership style and the roles and responsibilities of leadership and management.
Olivia, a calendar year taxpayer, does not file her 2010 return until December 12, 2011. At this point, she pays the $40000 balance due on her 2010 tax liability of $70000.
why is net profit always greater in absorption costing than indirect costing? why cost accountants use two types of
Multiple models are often used in supporting business decision making. Why might this be the case and what factors may dictate the need for multiple models?
What do the liquidity, profitability, and solvency ratios reveal about the financial position of the company?
in my opinion we ought to stop making our own drums and accept that outside suppliers offer said wim niewindt managing
On January 1, 2010, Worthylake Company sold used machinery to Brown Company, accepting a $25,000 non interest bearing note maturing on January 1, 2012.
Why must you put an air conditioner in the window of a building, rather than in the middle of a room?
materials 10896labor 33369variable overhead 21792fixed overhead 45400total 111457gruner also incurs 6 sales commission
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