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Question 1: Journalize the following business transactions.
(a) Mark Stein invests $9,000 cash in the business in exchange for shares of common stock.(b) Insurance of $800 is paid for the year.(c) Supplies of $2,000 are purchased on account.(d) Cash of $7,800 is received for services performed
There are four ways to divide a cost amount products or divisions. ABC elevates one of these methods. What are the methods and why could ABC be correct for an organization? Please respond in 4-8 sentences and in your own words, not a cut and paste fr..
Taco Ranch uses a process cost system and the weighted average cost flow assumption. Production begins in the crafting department where materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the pro..
Compute Net present value (NPV), Internal rate of return (IRR), A 5-year projected income statement and A 5-year projected cash flow. which company would you recommend acquiring?
What does the term "global supply chain management" mean to you? Cite one or more references to back up your position. Be sure to cite or include links to your sources. Why is interest in global logistics and supply chain management growing? Cite one..
A company had net income of $450,000 in 2009 and $620,000 in 2010. The company had average total assets of $2,500,000 in 2009 and $3,000,000 in 2010. Calculate the return on total assets for 2009 and 2010. Comment on the results.
In a process cost accounting system, factory overhead costs can be allocated to production departments by using a predetermined overhead allocation rate. Break-even analysis is a special case of cost-volume-profit analysis.
Should a reporting entity attribute fair value to assets acquired in a business combination that the acquirer intends to hold for defensive purposes?
Early in the year, Amazon purchased River mine for $30,000,000. The mine was estimated to contain 400,000 tons of ore and to have a residual value of $7,500,000 after mining operations are done. During that year, 115,000 tons of ore were removed. At ..
Determine Prepare the cash flows from operating activities section of the statement of cash flows, using the indirect method.operating activities
Calculate the missing values in XYZ's balance sheet and calculate net income for the year - Prepare the cash flow statement for the year using the indirect method.
question 1 evaluate the cost per unit for each of the 5 products if the company uses glass bottles.2 turn in an excel
Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation method.
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