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Question
On July 10, 2017, Pina Music sold CDs to retailers on account and recorded sales revenue of $635,000 (cost $508,000). Pina grants the right to return CDs that do not sell in 3 months following delivery. Past experience indicates that the normal return rate is 15%. By October 11, 2017, retailers returned CDs to Pina and were granted credit of $82,700.
Prepare Pina's journal entries to record (a) the sale on July 10, 2017, and (b) $82,700 of returns on October 11, 2017, and on October 31, 2017. Assume that Pina prepares financial statement on October 31, 2017.
Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.
In this essay, we are going to discuss the issues of financial management in a non-profit organisation.
Evaluate venture's present value, cash and surplus cash and basic venture capital.
This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?
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Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.
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This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.
This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.
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