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During 2013, the accounts receivable balance of Big Buck Business increased. On Big Buck's statement of cash flows, the financial reader would conclude that this increase:
a) is added to total comprehensive income in the operating activities section of a statement of cash flows prepared under the indirect method
b) is added to sales recognised on the statement of comprehensive income to determine the cash collections from customers during the period
c) indicates that Big Buck sold more than it collected in cash during the period
d) is considered only when the operating activities section of a statement of cash flows is prepared under the indirect method
In your opinion, are environmental disclosures in company annual reports necessary? What specific environmental disclosure should companies provide
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Daggar capitalizes the lease, whereas Bayshore records the lease as an operating lease. Both firms depreciate assets by the straight-line method, and both treat the lease as an operating lease for federal income tax purposes.
Gordeeva Corporation began selling goods on the installment basis on January 1, 2014. During 2014, Gordeeva had installment sales of $150,000.
Since cash is the most important asset in a firm, success of a firm can be directly traced to its cash management. Though reliance on cash flows to the exclusion of accrual accounting is discouraged, comparing cash from operations to net income ca..
a manufacture has been selling 1700 television sets a week at 420dollars each. a market survey indicates that for each
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the adjusted trial balance for otam corp. at the end of the current year 2014 contained the following accounts.5-year
Steeler Corporation is planning to sell 120,000 units for $3.10 per unit and will break even at this level of sales. Fixed expenses will be $108,000. What are the company's variable expenses per unit?
prepare the entries in journal form necessary to record the stock transactions for corporation. these transactions
Oaks Edge Company's budgeted sales were 22,500 units at $76 per unit. Actual sales were 21,750 units at $79 per unit. What was Oaks Edge sales price variance?
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