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In 2012 the sales revenue was $100, cost of goods sold $60, depreciation $15, and net income $12. 1/1/12 balances on current accounts were Cash $7, Accounts Receivable $11, Inventory $16, and Accounts Payable $4. 12/31/12 balances on current accounts were Cash $9, Accounts Receivable $9, Inventory $20, and Accounts Payable $9. Determine the cash flow from operations.
if profit margin 10 fraud loss 436million then why the revenue to restore the effect on net income is 4.36 billion
Bowman Company reported translation adjustments in its stockholders' equity section of $2,000,000. Such adjustments were added to the other items disclosed in Bowman's stockholders' equity.
Examine a random sample of 100 acquisition transactions to determine whether each was authorized by an appropriate official and paid within the discount period to obtain the maximum cash discount.
Set up an amortization schedule for a $25,000 loan to be repaid in equal installments at the end of each of the next 3 years. The interest rate is 10 percent, compounded annually.
On December 31, 2010, Albacore Company had 300,000 shares of common stock issued and outstanding. Albacore issued a 10% stock dividend on June 30, 2011. On September 30, 2011, 12,000 shares of common stock were reacquired as treasury stock. What i..
entries and schedules for unfinished jobs and completed jobs sinatra industries inc. uses a job order cost system. the
What is the relationship between present value and the concept of a liability?
Explain the significance of this transaction to an analyst. Explain the consequences of poor quality reporting. What has the U.S. government done to improve the quality of reporting after recent financial scandals, such as Enron?
The lease contract calls for annual (prepaid) rental payments of $80,000 on each July 1 throughout the life of the lease and for the lessee to pay for all additions and improvements to the leased property.
Prepare the operating activities section of the statement of cash flows for the year ended December 31, 2007, for Guesser Company, using the indirect method.
Complete the tables one for the first 3 years, by showing how to allocate partnership income or loss to the partners
a local retail business owner is preparing her june budget and plans on sales of 15000 units 6 per unit or 90000 with
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