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The other sheet shows known shrinkages identified during the period. This sheet shows $3,250.00. Neither of these sheets has been journalized. Identify the unknown, and previously unidentified shrinkage value.
Calculate the amount that the company will actually receive from the sale of the bonds, and the amount of both the quarterly and the total annual cash interest that the company will be required to pay.
Average settlement period for trade receivables
This year she received a state income tax refund of $170. What amount of the refund, if any, should Opal comprise in her gross income if last year her total itemized deductions exceeded the standard deduction by $350?
Make in good form a multiple-step income statement for the year 2011. Suppose a 30% tax rate and that 80,000 shares of common stock were outstanding in the year
you determine that customers owed the company $51,000 at the end of the year and no bad debts were anticipated. Also, the company owed the gas and electric company $1,100 at year-end, and the rent payment was for a two-year period. Comput accrual ..
The board votes a 100% stock dividend. D iscuss b riefly about the accounting and securities market differences between these two methods of increasing the number of shares outstanding.
Prepare the journal entry to record the acquisition of the assets.
The combined federal and state tax rate is 40 percent. Compute the NPV of each alternative. Should the company keep the old MRI equipment or buy the new one?
Analyze: Illustrate what is the balance in Notes Payable on December 31, 2010, assuming that all notes were paid when due?
Write the journal entries to reflect the percentage-of-completion method
The fair value of the options, estimated by an appropriate option pricing model, is $4 per option. No forfeitures are anticipated, ignoring taxes, what is effect on earnings in the year after the options are granted to executives?
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