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The current asset section of Stibbe Pharmaceutical Company's balance sheet included cash of $20,100 and accounts receivable of $41,800. The only other current asset is inventories. The company's current ratio is 2.2 and its acid-test ratio is 1.6. Determine the ending balance in inventories and total current liabilities.
hanson company see be10-2 borrowed 1000000 on march 1 on a 5-year 12 note to help finance construction of the building.
the 2009 and 2010 financial statements of daffney company contain the following errors1.the ending inventory was
on june 30 2009 hardy corporation issued 10 million of its 8 bonds for 9.2 million. the bonds were priced to yield 10
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scales corporation has received a request for a special order of 6000 units of product y45 for 13.70 each. product y45s
on february 1 2008 pat weaver inc. pwi issued 10 1000000 bonds for 1116000. pwi retired all of these bonds on january
pierce company issued 11 bonds dated january 1 with a face amount of 800000 on january 1 2009. the bonds sold for
the management of austin corporation is considering dropping product r97c. data from the companys accounting system
multiple-product analysis changes in sales mix sales to earn target operating income basu company produces two types of
On January 1, 2009, Roosevelt Company purchased 12% bonds, having a maturity value of $500,000, for $537,907.40. Prepare the journal entry at the date of the bond purchase.
a company wishes to buy new equipment for 35000. the equipment is expected to generate an additional 9600 in cash
tampa foundry began operations during the current year manufacturing various products for industrial use. one such
search the internet e.g. a companys website or sec.gov and find an audit report for a companys
classify the following costs as either product inventoriable costs or period non inventoriable costs in a manufacturing
a bakery must decide how many loaves of fresh bread to produce in a single day. daily demand for fresh bread is
Kelso Co. receives $479,000 when it issues a $479,000, 8%, mortgage note payable to finance the construction of a building at December 31, 2010. The terms provide for semiannual installment payments of $30,660 on June 30 and December 31.
in 200 words or more please review a public companys financial statements at finance. yahoo.com. comment on each
computers r us is open seven days a week and has a daily payroll of 1750. employees are paid every friday december 31
What tasks in Medisoft have you found to be the most challenging so far, and why? How did you overcome these challenges?
hodge corporation issued 100000 shares of 20 par value cumulative 6 preferred stock on jan 1 2013 for 2300000. in
What are the equivalent units of production for the Sewing Department for direct materials and for direct labor and overhead, respectively?
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