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Pinkston Textiles decides to sell $600,000 of its accounts receivable to First Factors Inc. First Factors assesses a service charge of 3% of the amount of receivables sold. Prepare the journal entry that Pinkston Textiles makes to record this sale.
The accounting period has just ended and you-in the accounting department-are preparing journal entries for the transactions that took place during the month. Make sure to include entries that affect the COGS account.
Compute the pretax effect of this option plan on the net income of Intel for 2008 through 2012. Accounting for stock options. Intel granted stock options to employees on December 31, 2007, permitting them to purchase 24.6 million shares of Intel co..
Compute the net cash from operating activities based on the above information - Amazing Glory, Inc. knew a net income of $95,000 including $20,500 in depreciation expense.
Give a brief description of the Nossal Institute for Global Health (Nossal) and outline how climate change is likely to affect Nossal's business operations in developing countries.
question 21several years ago blaha company buys husker company as a subsidiary. at that time blaha recorded goodwill of
Why is a Cash Budget so vital to a company - what are the five basic principles of cash management that a company can follow in order to improve its chances of having adequate cash?
What are some of the new tools information technology has given that contribute to unethical behavior?
Prepare a perpetual inventory record for this merchandise, to determine the company's cost of goods sold for the quarter and the value of ending.
All sales were on account. Net cash provided by operating activities for 2014 was $241,920. Capital expenditures were $136,400, and cash dividends were $60,580.
1.batesmanor furniturea given thati the average bates.manor sales in a retail store that carries their furniture is
Assume that Ajax produces 10,000 items and sells 8,000 items. In this case, the full costing value of ending inventory is?
Determine the payout ratio and the return on common stock equity.
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