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As of January 1, 2013, the Baber School District notifies the pool it needs to withdraw $1,000,000 cash from the pool, so the pool management sells investments to obtain $700,000 cash. The investments sold had been carried in the Investment Trust Fund accounts at July 1, 2012, fair value of $672,000.(a) Show the entry for the sale of investments by the pool on January 2, 2013.
Are governmental fund financial statements sufficient for users seeking information about operational accountability? If so, why? If not, what type of information is needed to properly assess the effectiveness of the agency's operations that governme..
Syracuse Roadbuilding Corporation is planning the purchase of a new tandem box dump truck. The truck costs $95,000, and an additional $5,000 is needed to paint it with the firm logo and install radio equipment.
by using the proper PV Table and supposing a 12% annual interest rate, find out the present value on December 31, 2009 of the five period annual annuity of 10000 under each of following situations:
Buying and leasing using time value of money technique and how will your answer change if the law office will have an accelerated depreciation
Verigreen Lawn Care products just pay a dividend of $1.85. This dividend is expected to increase at a constant rate of 3 percent per year, so the next expected dividend is $1.90.
A star Wall Street trader is negotiating his 1st contract. His opportunity cost is= 10%. He has been presented the 3 year contracts which are given below.
Select a company of your choice and based on its industry affiliation, identify and discuss what types of derivative securities the company may use to reduce its risk exposure.
Using the developmental theory/model as the most effective change theory/model for the home schooling family and life in the large family.
The Treasurer of BioScience, Company, is asked to calculate cost of fixed income securities for her corporation. Even before making computations, she suppose the after-tax cost of debt is at least 2 percent less than that for preferred stock.
A company invests considerable time and money to develop sophisticated cost functions that rate high on all evaluative criteria. In the course of using the cost functions.
Knoxville Accountants LLP consumes 100,000 packets of plain copier paper yearly. The usage is roughly steady throughout the year. The carrying expenses of this inventory is $2.00 per unit average inventory per year.
Calculation of Operating Profit Margin and Time interest earned and find how Spectrum's financial performance compares to their Industry for each calculated ratio.
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