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Melissa recently paid $400 for round-trip airfare to San Francisco to attend a business conference for three days. Melissa also paid the following expenses: $250 fee to register for the conference, $300 per night for three night's lodging, $200 for meals, and $150 for cab fare. What amount of the travel costs can Melissa deduct as business expenses?
The general manager was confused because the company had a $9,000 profit, yet seemed, as noted above, $10,000 worse off in its cash position. Explain briefly how, in general, this difference between profit and cash change can happen.
maggie brown works for a clipping service from her home. she spends three to four hours per day reading newspaper
The financial statements of Lioi Steel Fabricators are shown below the actual results for 2010 and the projections for 2011. Free cash flow is expected to grow at a 6% rate after 2011. The weighted average cost of capital is 11%.
on june 30 2009 sams office supplies issued 50000 face value of 8 bonds at 106. they were five-year bonds with interest
How much compensation income does Priscilla recognize from Choice Corporation - an employee of Choice Corporation, receives an annual salary of $70,000.
goddard company has used the fifo method of inventory valuation since it began operations in 2010. goddard decided to
Dogwood City's water enterprise fund received interest of 10,000 on long term investments. How should this amount be reported on the statement of cash flows?
an asset was purchased for 12000. the assets estimated useful life was 3 years and its residual value was 2000. how
what happens when a shareholder in a subchapter S corporation has losses and deductions allocated to him in excess of his basis in his corporate shares?
Equipment acquired under capital leases and used by activities accounted for in governmental funds should be recorded in the governmental activities accounts at the inception of the lease at:
the pool has an estimated useful life of 5 years. the appraisal was to determine the value of robertos residence with
simple interest compound interest discount rate force of interest av pv1.fund p earns interest at a simple rate of 4 a
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