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The 2010 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt of $2.3 million, and the 2011 balance sheet showed long-term debt of $2.55 million. The 2011 income statement showed an interest expense of $190,000. During 2011, Maria's Tennis Shop, Inc., had a cash flow to creditors of -$60,000 and the cash flow to stockholders for the year was $105,000. Suppose you also know that the firm's net capital spending for 2011 was $1,300,000, and that the firm reduced its net working capital investment by $55,000. What was the firm's 2011 operating cash flow?
Edgemont paid a cash dividend of $25,000 in 2009. No additional stock was issued. Compute the retained earnings on December 31, 2008, and 2009.
charley corp. has outstanding accounts receivable totaling 2.54 million as of december 31 and sales on credit during
The cost recovery method was chosen.
Dresden, Inc. has four departments. Information about these departments is listed below. If allocated maintenance cost is based on floor space occupied by each, compute the amount of maintenance cost allocated to the Cutting Department.
a corporation was formed on january 1. the corporation charter authorized 100000 shares of 10 par value common stock.
mateo inc. had the following inventory situations to consider at january 31 its year-end. agoods held on consignment
carter corporation applies manufacturing overhead on the basis of machine-hours. at the beginning of the most recent
design a set of best practices for the leadership of cross-cultural virtual teams. consider the following questions in
hamilton company uses a periodic inventory system. at the end of the annual accounting period december 31 2012 the
What were Glass Vessel's materials price and materials quantity variances for March?
entries for issuing bonds and amortizing premium by straight-line methoddaan corporation wholesales repair products to
auerbach inc. issued 6 bonds on october 1 2013. the bonds have a maturity date of september 30 2023 and a face value of
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