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Wainwright Corporation had the following activities in 2012. 1. Sale of land $249,600 2. Purchase of inventory $875,100 3. Purchase of treasury stock $66,300 4. Purchase of equipment $302,000 5. Issuance of common stock $394,000 6. Purchase of available-for-sale securities $51,000 Compute the amount Wainwright Corporation should report as net cash provided (used) by investing activities in its statement of cash flows.
the big partnership has decided to liquidate at december 31 20x8. the capital and loan balances of the partners at
jeff jco. borrowed 100000 at 8 interest for a period of three months. what would be the total amount of cash he would
old victrola inc. produces top-quality stereos and uses process costing. the manufacture of stereos is such that direct
selling general and administrative expenses were 169400 net sales were 770000 interest expense was 18500 research and
On a statement of cash flows that uses the indirect approach, calculation of cash flow from operations treats depreciation as an adjustment to reported net income because:
a treasury bond that matures in 10 years has a yield of 4.5. a 10-year corporate bond has a yield of 10. assume that
Winfrey Co.'s March 31 inventory of raw materials is $ 150,0000. Raw materials purchases in April are $ 400,000, and factory payroll cost in April $220,000.
1. What effects does stock-based compensation have on the financial statements of an entity? 2. How does this affect the investor's opinion of a company? 3. What advantages or problems due to you see with this type of payment?
Ilustrate and explain any two critical initivates undertaken by IRAS(Inland revenue authority of singapore) recently to debunk the negative image of singapore as an laternative to switzerland for hiding money
General Products Company bought Special Products Division in 2010 and appropriately recorded 500,000 of goodwill related to the purchase.
golf specialties golf specialties gs a belgian company manufactures a variety of golf paraphernalia such as head covers
wayne and maria file a joint tax return on which they itemize their deductions and report agi of 50000. during the year
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