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Your stock portfolio consists of only two stocks. You have $115,000 in Company A and $125,000 in Company B. Company A has an actual return of -8% and Company B has a return of 12%. What is the return on your portfolio? Show your work.
The wholesale cost of a video game is $459,45. The original markup was 51% based on selling price. Find the final sale price after the following series of price changes:
How should a reporting entity allocate valuation adjustments under an in-use premise when the unit of account is the individual transaction?
Popper did not get any of this newly issued stock. Find how would this transaction affect additional paid-in capital of the parent company?
Ira Cook is planning to make a charitable contribution to the Boy Scouts of Crystal, Inc. stock worth $20,000. The stock has an adjusted basis of $15,000. A friend has suggested that Ira sell the stock and contribute the $20,000 in proceeds rather th..
CRSL is continuing to re-evaluate all aspects of the business and would like you to look into staffing costs. Below is a summary of monthly staff and customer numbers and staff costs.
Other accrued liabilities-payroll For the payroll period ended on June 25, 2013. Use the horizontal model or write the journal entry to show the effects of the payroll accrual on June 25, 2013.
ABC reported sales of $300,000, write-offs of uncollectible accounts of $10,000 against the allowance for doubtful accounts, and a decrease in net accounts receivable of $40,000 during 2014. What would be ABC's cash collected from customers during 20..
In your own words, explain structure as it relates to decisions. “To be of any value, a modern information system must assist all levels of management.” Discuss.
Keefer Inc. uses leases as a means of selling its equipment. On January 1, 2014, the company leased a machine to Jeremy Manufacturing Inc. The cost of the machine to Keefer was $78,450. Compute the manufacturer's profit to be recognized by Keefer in ..
Wisconsin Warning Co. issued $5,000,000 of five-year, 8 % bonds with interest payable semi-annually at an effective interest rate of 11 %. Use the tables in Appendix A to determine the present value of the bonds payable. Round to the nearest dollar.
Grandpas Are Us (GAU) recently acquired a new piece of land in Burton County on April 1, 2012. The land cost $500,000. GAU reports under IFRS and revalues its land. On December 31, 2017, the fair value of the land is $450,000. On December 31, 2020..
There are four main methods for documenting specific business processes, systems, and so on. If your company asked you to document the workflow in your department, where would you start and why? How would that change if the company asked you to docum..
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