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Columbia healthcare service is a nonprofit organization. They have revenues of 22 million in 2014. In addition, they had personnel cost of 15.6 million, supplies of 1.4 million and depreciation of 1.2 million. All but 3 million of their revenue was received in cash. All other expensese were paid in cash as appropriate.
1. construct an income statement for CHS
2. show their net income
3. show their profit margin
4. show their cash flow for 2014
In 2012, Quapau Products introduced a new line of hot water heaters that carry a one-year warranty against manufacturer’s defects. Based on industry experience, warranty costs were expected to approximate 5% of sales revenue. First-year sales of the ..
Read and cite at least 5 articles from the popular business and accounting press relating to CSR and discussing current events as they relate to professional ethics for accountants.
Each machine meets the specifications for a particular task in the company. Mercil's tax rate is 30 percent and its cost of capital is 15 percent -Which machine should Mercil buy and why?
Show how you would account for the reduction of the building and how the replacement of the roof would affect the depreciation calculations about 600 words
Prepare all journal entries on word/excel document, post all journal entries to the worksheet and post all adjusting journal entries to the worksheet
the practical and theoretical considerations interact in reality. each group will hand in a report that analyzes a
question snapper ltd starts a business that makes womens shoes. it performs a factory in an inner suburb of perth. the
Using general price level accounting, in Year 22, what is restated value of the building purchased in Year 10?
Marks will be given on the soundness of your argument, research conducted, quality of report (presentation, referencing) and the understanding of the issues. Each report will be assessed individually.
The end of year Account Payable is $30,000, and the beginning of year Account Payable is $10,000. If cost of goods sold for the year is $210,000,the amount of cash paid to suppliers is?
The company believes that the price elasticity of demand for this product is -2.5. If the price is decreased to $63, what should be the quantity sold? Will total revenue increase? Why?
The receivable was collected from the customer on October 8. What effect will the collection of cash from the receivable have on the company's financial statements?
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