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Indicate a nongovernmental not-for-profit organization you have some personal experience with. Have you seen their financial statements or form 990? Find the financial statements for a nongovernmental not-for-profit organization on-line. What are the program services presented on the statement of activities? Calculate and present your comments on the the following performance measure: program services expenses as a percent of total expenses. How do you know whether this speaks well for the organization or not? That is, are there benchmarks that could be used for this organization?
Winfrey Co.'s March 31 inventory of raw materials is $ 150,0000. Raw materials purchases in April are $ 400,000, and factory payroll cost in April $220,000.
the following information was taken from the accounting records of palmetto company for the month of januarybalance per
What is the acquisition cost of each asset? Prepare a journal entry to record the acquisition. Danny plans to depreciate the operating assets on a straight-line basis for 20 years. Determine the amount of depreciation expense for 2010 on these newl..
How much gain or income will Ben recognize on his contribution of the land to the partnership? What is the character of any gain or income recognized?
Many firms recognize revenus at the point of shipment. This provides an incentive to accelerate revenues by shipping goods at the end of the quarter.
Discuss the environmental factors that are contributing to the explosion of demand for forensic accounting and predict what is likely to happen to demand in the future.
What is a contingent liability? Describe the three ranges of loss contingencies outlined in SFAS No. 5, including a brief summary of the accounting and disclosure requirements ?
Discuss the conflict between the need for personal privacy and confidentiality in banking transactions and the need for the government to curtail money laundering activities.
Rolling Thunder decided to discontinue its entire wholesale division (a major line of business) and to keep its manufacturing division. On September 15, it sold the wholesale division to Dylane Corp. During 2014, there were 800,000 common shares o..
An individual has a $30,000 § 1245 gain, a $85,000 § 1231 gain, a $55,000 § 1231 loss, a $30,000 § 1231 lookback loss, and a $80,000 long-term capital gain. The net long-term capital gain is:
data pertaining to the current position of brin company are as
Better home products Canadian operations are organized into two divisions: west and east. west division sells a component that could be used by east division in making one of the company's principal products.
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