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The money is mislaid property and it should be awarded to the owner of the hotel. In looking at the explanations of both mislaid and lost property, the difference between the two terms is how the item was left. Under mislaid property, it is defined as property that is voluntarily left somewhere by its owner and forgotten about. Lost property is where the property is misplaced out of carelessness or negligence. The money was found by Mr. Franks carefully wrapped in the dresser of the room. By its appearance, it can be assumed that it was placed there, not out of negligence, and forgotten by the owner. Since Mr. Kazi was the owner of the hotel, the money goes to him.
capital city corporation uses the conventional retail inventory method to determine its ending inventory at cost. the
ran floor and rugs sells handmade oriental rugs for 825 each and machine-made rugs for 265 each. customers buy two
carolina corporation has an after-tax operating income of 3230000 and a 12 weighted-average cost of capital. assets
determine taxable income in each of the following instances. assume that the corporation is a c corporation and that
in 2013 tommys construction corp began construction work under a three- year contract. the contract price is 1600000.
1. a company issued a 100000 20 year bond with a stated interest rate of 6. assume interest payments are made annually.
Based on the following production and sales estimates for May, determine the number of units expected to be manufactured in May.
department a had no beginning inventory. the department added direct materials of 120000 and conversion costs of 176000
A courier service in a large city tracks the number of deliveries they are asked to make by 10 clients both before and after offering a progressive discount for repeat business. Their goal is to assess the effects of the discount.
the management of drummer corporation is considering dropping product d84l. data from the companys accounting system
salud company reports net income of 400000 for the year ended december 31 2013. it also reports 80000 depreciation
union planters is a tennessee bank holding company that is a corporation that owns banks. union planters is now part of
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