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In its annual report to shareholders. General Electric reported the following financial results:Revenues increased from $134.5 billion to $149.7 billion.Net income decreased from $16.8 billion to $16.4 billion,Total assets decreased from $750.0 billion to $673.5 billion,Shareholders equity decreased from $110.8 billion to $109.4 billion
For the year, the cash flow from operating activities was $37.6 billion, the cash flow from investing activities was negative $35.1 billion, and the cash flow from financing activities was negative $6.2 million,What was the possible explanations for the financial results of General Electric.
High Ridge Merchandising Co. sold inventory that had a cost of $10,000. Assuming High Ridge uses the perpetual inventory method, the effect of the journal entry to record Cost of Goods Sold would:
the shareholders equity of core technologies company on june 30 2010 included the following common stock 1 par
Debt outstanding
materials used by the company in producing division cs product are currently purchased from outside suppliers at a cost
Analyze the impact to CPAs who practice within a very litigious environment in the U.S. Suggest what you believe to be the most effective way for CPAs to protect themselves from liability.
Individual Retirement Accounts
on january 1 2010 wetzel company sold property for 200000. the note will be collected as follows 101800 in 2010 61800
Make the appropriate entry to correct the error. Prepare a statement of retained earnings for Tall Industries for the year ended December 31, 2006.
superior corporation acquired taylor corporation pursuant to a statutory merger under state law. as a result of the
Mary and Jane, unrelated taxpayers, hold Gray Corporation's stock equally. One year before the complete liquidation of Gray, Mary transfers land (basis of $600,000, fair market value of $180,000) to Gray Corporation as a contribution to capital.
How much of loss goes to Farrah? How much goes to Davidson - What is each partner's capital balance at June 30? Prepare a T-account for each partner's capital.
The sales price that is stated in the agreement for this combined product is $500,000 and is to be paid upon delivery of the software.
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