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Exercise 1
Intel Inc. is the pioneer in the manufacture of microprocessor for computers. The company's fiscal year runs from April 1 to March 31. On 4/1/2013, Intel Issued $5,000,000 of 11% Bonds due in 10 years. The interest is payable annually on April 1. The market rate of interest on that date for bonds of similar risk is 10%
Exercise 2
Presented below is the stockholders equity section of AMR Corporation.
All amounts are in million except for number of shares and par value
Journalize the transactions and the adjusting entries and the double-declining-balance method of depreciation is used.
Identify weaknesses in current procedures, and explain the threats that they may allow to occur.
Determine the operating income for the Olive Oil Div'n using a transfer price of $4.
When the estate refused to transfer the property to the buyers, they sued for specific performance. Can the estate rescind the contract?
Bunkowske Company uses cost-plus pricing whereby the selling price of each of its products are 150 percent of the life-cycle costs. Determine the selling price of this product.
The company's investments consist of marketable equity securities of other corporations. Management does not intend to liquidate any investments in the coming year.
evaluate unit contribution margin and contribution margin ratiouse the subsequent data for problems 12349 amp10 luxury
company doesn't ring up sales taxes separately on cash register total receipts for october amounted to $18900. if sales tax rate is 5%, what amount must be remitted to the state for October's sales tax?
a saw mill was purchased on july 1 2005 for 19.5 million. industrial engineers estimate the mill can saw 100 million
james rivers and keller have the subsequent capital balances 48000 70000 and 90000 correspondingly. because of a cash
The December 31, 2009 balance sheet showed $135,000 in the common stock account and 2.6 million in the additional paid in surplus account.
Generate a report showing the company's activity variances for April.
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