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Garland Company received proceeds of $188,000 on 10-year, 6% bonds issued on January 1, 2013. The bonds had a face value of $200,000, pay interest semi-annually on June 30 and December 31. Garland uses the straight-line method of amortization. What is the carrying value of the bonds on January 1, 2015?
Evaluate Jacksons cash flows for the year. Mention all three categories of cash flows and give the reason for your evaluation and Prepare the statement of cash flows of Jackson Educational Supply for the year ended December 31, 2012.
Write the footnote for Danerys' year-end financial statements related to goodwill and other intangible assets. Assume Danerys had no intangible assets prior to the acquisition.
calculation of annual rate of return.1.what is the annual rate of return on investment? use 360 day year in your
the accumulated depreciation was $22,500. The liquidation value for the truck is $3,000 on July 1. Compute Parson s gain or loss on the sale of the truck.
Describe why an equal percentage increase (or decrease) in sales for each firm would have such differing effects on operating income. Evaluate the ratio of contribution margin to operating income for each firm in 2008. (Hint: Divide contribution..
Discuss the way in which BHP Billiton has demonstrated its social and environmental accountability and consider the above and discuss the stance and initiatives of the Australian accounting profession on corporate social responsibility
You have been appointed as a consultant for Thomas Foods- how any hedging strategy would impact operating income.
Evaluate a few ratios and compare Reed's results with industry averages. (Some industry averages are shown in Exhibit.) What do these ratios indicate?
The company re - computes its predetermined overhead rate every month. Evaluate the predetermined overhead rate for August
What is activity-based management and what is a non-value added activity and how much did non value-added activities cost ReadersNet.Com this past year?
maximization of total revenue to maximize profit.profit is the difference between total revenue and total cost.nbsp
Discuss the different economic roles of accounting in countries across the world. What are some of the factors that determine the primary role of accounting in a country?
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