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Alpha Company Income Statements (in thousands)
Requirements:
1. For each of the years shown, prepare a vertical analysis, using sales as the base. Write a paragraph explaining what the analysis shows.
2. Using 2008 as the base year, prepare a horizontal analysis for sales and cost of goods sold. What information does this analysis give you?
wryski corporation had net operating income of 150000 and average operating assets of 500000. the company requires a
Venture Company acquired patent rights on January 3, 2005, for$661,500. The patent has a useful life equal to its legal life of 15 years. On January 5, 2008, Venture successfully defended the patent in a lawsuit at a cost of $105,000.
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the industry average is about 75 days. the firm has also experienced an increase in its business in the last 2 years
As of June 30, 2010, Dallas Company has assets of $100,000 and owner's equity of $5,000. What are the liabilities for Dallas Company as of June 30, 2010?
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at the beginning of the current season on april 1 the ledger of flint hills pro shop showed cash 2500 inventory 3500
Reck Gvt and Non Profit Accounting
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Brett started a new construction business in August 2014. In connection with the new business, he purchased a new backhoe for $70,000 in September of 2014.
whitley corporation identified four operating segments automotive electrical lawn equipment and sporting goods.
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