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On October 1, 2012, Marcus Corporation purchased $20,000 of 6% bonds of Roberts Corporation, due in 8 1/2 years. The bonds were purchased at a price of $17,561 plus interest of $300 accrued from July 1, 2012, the date of the last semi-annual interest payments. Journalize the purchase''
1. which gaap requires the use of depreciation for assets that have useful lives beyond 1 year? explain why this
major instrument inc. manufactures two products missile range instruments and space pressure gauges. during april 47
In the diluted earnings per share computation, the treasury stock method is used for options and warrants to reflect assumed reacquisition of common stock at the average market price during the period. If the exercise price of the options or warra..
On January 1, Pucket company paid 1.6 million for 50,000 shares of Harrison's voting common stock, which represents a 40 percent investment.
scorpion inc. is trying to decide whether to increase the commission based pay of its salespeople. currently each of
managing the effectiveness and value of the supply chain has become a top priority. supply chain management focuses on
jasper company manufactures wooden drawers. the estimated number of drawer sales for the first three months of the
wilton company had the following transactions during 2010. sales of 5400 on sold on account account collected 2400
during 2011 arthur corporation reported a net income of 3059000. on january 1 arthur had 2800000 shares of common
a. What issues should the CEO of Nextel consider when deciding whether to adjust Kraft's bonus plan? Do you think the plan should be adjusted? Why? b. Why might it be value increasing for the firm to make Kraft accountable for such events?
parrish inc. decided on january 1 to discontinue its telescope manufacturing division. on july 1 the divisions assets
Renegade Co. is a wholesaler of motorcycle supplies. Anaging of the company's accounts receivable on December 31,2008, and a historical analysis of the percentage of uncollectibleaccounts in each age category are as follows:
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