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Yogi Bear corporation sold equipment to Magilla Company for $20,000.The equipment is on Yogi's books at a net amount of $14,000.Yogi collected $10,000 in 2007, $5000 in 2008, $5000 in 2009.If Yogi uses the cst recovery method, what amount of gross profit will be recognized in each year.
Compute depreciation for the first year under each of the following methods: (a) straight-line, (b) units of production, and (c) double-declining-balance. (Show your work.)
How does this strategy work for them and wre they better off licensing or being aggressive - Since the VP's trust you, they asked you to understand the most they should pay for a license from SohnCo.
Prepare a new standard for the recognition, measurement and presentation of leases.
It purchased goods for $380,000 and had beginning inventory of $70,000. A count of its ending inventory determined that goods on hand was $50,000. Illustrate what was its cost of goods sold?
What are the tax law requirements for structuring the business as a partnership or an S corporation? Which would you recommend and why?
If this estimate of the percentage completion is used, what would be the Cost of Goods Sold for the year?
Show Definition of Finance and Efficient Market and identification of their role in finance.
What ($ in 000s) was shareholders' equity as of December 31, 2012? What ($ in 000s) was shareholders' equity as of December 31, 2012?
Where only a proportion of subsidiary's shares are owned by a parent entity, what proportion of the intragroup transactions between the parent entity and the subsidiary will need to be eliminated on consolidation?
Examine the steps involved in the preparation of an advance plan for the distribution of cash in a partnership liquidation to determine which step is the most difficult to execute correctly. Discuss possible ways to address the difficulties you id..
It's also important because it affects all of us, in one way or another, in our daily life. After R5 and R6 coverage of the UCC, illustrate what areas seemed familiar to you because of personal experiences?
As the forensic accountant hired by the U.S. Justice Department to litigate this case, answer the following: What documents will you seek during discovery to address the whistle-blower’s allegations?
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