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Which of the subsidiary's account balances must always be eliminated? Which of the parent company's account balance must always be eliminated?
type your question hereside kicks has year-end account balances of sales 908290 interest revenue 14690 cost of goods
a. purchased 25000 of merchandise from presidio co. account terms 210 n 30 b. paid the amount owed on the invoice
The financial statements of Lioi Steel Fabricators are shown below the actual results for 2010 and the projections for 2011. Free cash flow is expected to grow at a 6% rate after 2011. The weighted average cost of capital is 11%.
The large trucks are expected to cost 600,000 and to have a four year useful life and a 60,000 salvage value. Calculate the present value index for each alternative.
Sherman Brothers, Inc., sold 4 million shares in its IPO, at a price of $18.50 per share. Management negotiated a fee (the underwriting spread) of 7% on this transaction.
The Lovely Gum Company has the following information regarding its costs of operations: Selling price $.40 per pack, variable costs 40% of sales, fixed costs $30,000 and target profit $15,000. Use this information to calculate the Break-even volum..
The real property tax year in Adams County is the calendar year. The real property tax becomes a person liability of the owner of real property on January 1 in the current real property tax year 2009.
1.please describe revenues and expenses. please describe gains and losses.2.can you provide an example using the
Make journal entries to record the receivable from the sales transaction and the forward contract on April 1. Make journal entries to record collection of the receivable and settlement of the forward contract on May 30
List and describe one advantage and one disadvantage of raising external funds with debt, preferred stock, and common stock.
Discuss the U.S. tax consequences of each of the above items of income. Also, indicate how your answers would change if Harry held a green card.
A payment of dividends decreases which section on the statement of cash flows?
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