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It is important to properly classify and report current and long-term liabilities because they affect liquidity. Refer to the financial statements of the company you've selected to analyze. Research and answer the following about BANK OF AMERICA 1. Is the amount of current liabilities more or less than the long-term liabilities? What does the result mean? Is the total stockholders' equity more or less than total liabilities? What does the result mean? 2. Calculate the debt ratio for your company. Generally speaking what does the debt ratio tell you?
martinez inc. has tow separate departments human resources and building maintenance and two production departments. the
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victor sold his personal residence to colleen and paid real estate taxes of 9450 for the year 3250 of which was
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on june 1 acme corporation declared and issued a 15 stockdividend to each of its 400000 outstanding shares of 2 par
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The estimated fair values of the assets are land $60,000, building $220,000, and equipment $80,000. At what amounts should each of the three assets be recorded?
adiscuss why an investor may arrive at the conclusion that the financial statements of entities operating in service
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1. what is an accounting entity?2. what are the two most crucial aspects of this accounting entity
The auditor gives an audit opinion on the fair presentatation of the financial statements and associates his or her name with it when, on the basis of adequate evidence, the auditor concludes that the financial statements are unlikely to mislead:
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