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Sold $16,000 of merchandise, that cost $7,000, on MasterCard credit cards. The net cash receipts from sales are immediately deposited in the seller's bank account. MasterCard charges a 4% fee.
pampq company has provided you the following information. monthly fixed expenses are 5000 usd and variable expenses per
Which capital budgeting method should be used when NPV and IRR give conflicting ranking? Why?
on october 31 2013 your companys records say that the company has 17672.23 in its checking account. a review of the
ruiz companys accounts receivable balance at december 31 was 150000 and there was a credit balance of 700 in the
Johnson alarm systems had $800,000 of retained earnings on December 31, 2004. The company paid dividends of $60,000 in 2004 and had retained earnings of $640,000 on December 31, 2003.
earth company makes 2 products wind and fire. wind has a contribution margin per unit of 6.00 and fire has a
staffing company purchased the net assets of time management for 390000. tms net assets carried on books at 183000. an
madison corporation reported taxable income of 400000 in 20x3 and accrued federal income taxes of 136000. included in
fresh mint candy company budgeted the following costs for anticipated production for july 2008. advertising expenses
On January 1, 2010, Kentwood Company issued bonds with a face value of $800,000. The bonds carry a stated interest of 7% payable each January 1 and July 1. Prepare the journal entry for the issuance assuming the bonds are issued at 97.
What do you believe is an appropriate objective for a manager in the Accounting and Finance fields? In responding to this question, you might want to consider some of the following What are the challenges that managers face in efforts to be ‘socia..
a bonds credit rating provides a guide to its risk. long-term bonds rated aa currently offer yields to maturity of 8.2.
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