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a) Who relies on the financial statements (external users) and why, what are they using the statements for? b) What happens if an External User relies on financial statements that are inaccurate? (what could happen to the corporation) c) What negative consequences can arise from relying on inaccurate financial statements? (what could happen to the external user)
At the same time, Peter contributes $15,000 in cash for 15 newly issued Trenton shares. What tax issues regarding the exchanges should Mary and Peter consider?
selection of cost accounting system suitable to our manufacturing process.there are two distinct types of cost
Determine the inventory balance at December 31, 2004 and evaluate the inventory balance at Decmber 31, 2004, without the reduction for LIFO reserve?
Calculate the operating income for the olive oil division using a transfer price of $4.60.
Why would a company pay to have its public debt rated by a major rating agency (such as Moody's or Standard and Poor's)? Why might a firm choose not to have its debt rated?
questionneed some assistance with a group international business assignmenttopic-a new buzz word brics is being
multiple choice questions related to capitalization costs of machinery and alculationnbsp of interest on notes payable
Compute the company’s after- tax cost of borrowing on this bond issue stated as a percentage of the amount borrowed. Describe briefly advantage of raising funds by issuing bonds as opposed to stocks.
Preparation of financial statements
Total payroll of Walnut Co. was $1840,00 of which $320,000 represented amounts paid in excess of $106,800 to certain employees. The amount paid to employees in excess of $7000 was $1,440,00
catter company purchased equipment on november 15 2008. the company paid 10000 cash and borrowed the remaining balance
Using the high low method, evaluate utility costs. In addition, evaluate the variable costs per unit and total fixed costs. and evaluate the breakeven point in number of oil changes and sales dollars.
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