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Determine the approximate amounts for the current year's balances in the form of a balance sheet and income statement using financial ratios.
Calculation of no. of days in conversion cycle - how much cash would be freed up, and how would that affect pre-tax profits
Create a cash budget for the months of July through September 2012. Show required schedules for the calculation of receivables and payables.
Fifty-four thousand units were transferred out of the department and the ending inventory consisted of 2,500 units that are 20% complete with respect to conversion. Illustrate what is the conversion cost per equivalent unit?
Harrier repurchases the stock in 2011. On its 2010 corporate income tax return, Harrier plans to deduct a net capital loss of $3,000. Determine the propriety of Harrier's plans.
During 2010, the S corporation reported an $80,000 ordinary business loss and no separately stated items. Explain how much of the ordinary loss is deductible by Jamaal if he owns 50% of the S corporation?
Visit several companies with which you are familiar to locate their annual report. Illustrate what type of audit report did these companies receive in their most recent annual report?
the bank notifies Wilma that if she pays back $75,000 immediately, they will forgive her $100,000 loan. What are tax implications to Wilma if she accepts the bank’s offer?
Write a schedule computing the threshold for asset amounts
Cobden had initially estimated that it would work 55,000 direct labour hours during the year and incur $330,000 of manufacturing overhead cost. Illustrate what was Cobden Manufacturing Company's manufacturing overhead cost for the year?
Illustrate what is the company's projected benefit obligation at the end of 2011? If no estimates are changed in the meantime, what will be the company's projected benefit obligation at the end of 2014 (three years later)?
For each cost listed above, show whether it is a direct or indirect cost of the Immunization Center, whether it is indirect or direct cost of immunizing exacting patients.
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