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Given the following information about Elkridge Sporting Goods, Inc., construct a balance sheet for June 30, 2011. On that date the firm had cash and marketable securities of $25,135, accounts receivable of $43,758, inventory of $167,112, net fixed assets of $325,422, and other assets of $13,125. It had accounts payables of $67,855, notes payables of $36,454, long-term debt of $223,125, and common stock of $150,000. How much retained earnings did the firm have?
a. if you could pick a single source of cash for your business what would it be? why?b. how can a business
Prepare the current assets section of the balance sheet and compute the predetermined overhead rate AND the amount of applied manufacturing overhead
The company"s beginning merchandise inventory was $17,000 and its ending merchandise inventory was $13,000. What was the company"s cost of goods sold for the month?
on 112012 company abc gets 20000 shares of company xyz at cash price of 10 per share. company xyz has 300000 shares
Analyze the vendor features and functions in Peachtree and recommend at least one additional feature or function you would like to see, as well as how that new feature or function would allow you to produce better quality information.
research topicpolaris ltd is a public company which is listed on the australian securities exchange and has numerous
All sales were on account. Net cash provided by operating activities for 2014 was $241,920. Capital expenditures were $136,400, and cash dividends were $60,580.
Calculate the fair value of the controlling interest and the noncontrolling interest in Magnolia as of January 1, 2009 and prepare a schedule for allocating the excess of investment cost (fair value) over the book value.
Prepare the journal entries to record the closing-out of the balance in manufacturing overhead to the appropriate accounts, and show any necessary calculations in the notes of the journal entry.
Create a PowerPoint presentation for the potential new business owner that compares and contrasts the three main business forms and addresses advantages and disadvantages of each form.
Jill and George are married and file a joint return. They expect to have $410,000 of taxable income in the next year and are considering whether to purchase a personal residence that would provide additional tax deductions of $80,000 for mortgage ..
Assuming that the periodic inventory method is used, compute the inventory cost at July 31 under each of the following cost flow assumptions.
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