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Presented below is informatin related to Anderson Inc. 1)Balance as per books at 1.31.2013, $41,847.85; receipts $173,523.91 and disbursements $164,893.54. Balance as per bank statement at 2.28.2013, $56,274.2. The following checks were outstanding at 2.28.2013: #1124 for $1,635.29; #1230 for $2,468.30; #1232 for $2,125.15 and #1233 for $482.17 Incuded in the February bank statement and not recorded by the company were a bank debit memo for $27.40 covering bank charges for the month, a debit memo for $372.13 for a customer's check returned and marked NSF, and a credit memo for $1400 representing bond interest collected by the bank in the name of Anderson Inc. Cash on hand at 2.28.2013 recorded and awaiting deposit amounted to $1,915.40 a. Prepare a bank reconcilation statement at 2.28.2013 for Anderson Inc. b. Prepare any journal entry required to adjust the cash account at 2.28..
Identify the above costs as variable, fixed, or mixed and calculate the expected costs when production is 5,000 units.
If you are planning on buying 1,000 shares of this stock next year, how much should you expect to pay per share if the market rate of return for this type of security is 9 percent at the time of your purchase?
During 2007, a company began researching and developing a new product for market. By June 30, 2008, the company had determined the new product was technologically feasible and developed a business plan including identification of a ready market fo..
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It is estimated that variable manufacturing costs will be reduced from $26,000 to $23,500 annually if the new machine is purchased. The total net increase or decrease in cost for the new equipment for the entire five years is ??
Design a performance evaluation report for the purchasing department. Describe what each item in the report measures. Evaluate the performance of the purchasing department.
You are an investment manager who is currently managing assets worth $6 billion. You believe that active management of your fund could generate between an additional one tenth of 1% return on the portfolio. If you want to make sure your active str..
What is a balanced scorecard? How can it help you manage a company? Are there any advantages to using one?
comparative balance sheets for 2013 and 2012 a statement of income for 2013 and additional information from the
a company estimates the cost of its physical inventory at nov. 30 for use in an interim financial statement. managemnt
Atlantic University has 8 schools 350 faculty members and 20,000 students. An analysis of the university's cost structure yielded the following annual cost estimates.
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