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Q : In your own words explain the conservatism principle how is....

Accounting Basics :

question - 1 in your own words explain the conservatism principle how is the conservatism principle applied to the

Q : A new manufacturing machine is expected to cost 278000 have....

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question - a new manufacturing machine is expected to cost 278000 have an eight year life and a 30k salvage value the

Q : The business paid 40 000 to accounts payable total assets....

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question - shareholders invest 100 000 in a business 80 000 worth of inventory was bought on credit and of that 10 000

Q : The company incurred overhead costs of 122800 while....

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question - a companys flexible budget for 48000 units of production showed variable overhead costs of 72000 and fixed

Q : Hermann enterprises reported the following information at....

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question - hermann enterprises reported the following information at december 31preferred stock 5 par 10000 shares

Q : The cost method is used to account for treasury stock....

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question - renfro corporation started business in 1999 by issuing 200000 shares of 20 par common stock for 36 each in

Q : Assume a local cost cutters provides cuts perms and....

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question - profitability analysisassume a local cost cutters provides cuts perms and hairstyling services annual fixed

Q : Their contribution margin ratio is 40 and ratio of selling....

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question - roberts company has fixed costs of 10000 their contribution margin ratio is 40 and ratio of selling expenses

Q : Variable costs are 6 per unit and fixed costs are 5000 per....

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question - divine foods produces a gourmet condiment which sells for 16 per unit variable costs are 6 per unit and

Q : Fixed costs for the period were cost of goods sold 960000....

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question - threepoint sports inc manufactures basketballs for the womens national basketball association wnba for the

Q : For 2014 abc company estimates bad debt expense at 1 of....

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question - for 2014 abc company estimates bad debt expense at 1 of credit sales the company reported accounts

Q : Retained earnings balance at the beginning of the year....

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question - the accountant for brooks company is preparing the companys statement of cash flows for the fiscal year just

Q : Santanas banker is willing to lend her 86000 on a 7 10-year....

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question - santana rey created business solutions on october 1 2015 the company has been successful and santana plans

Q : On average 50 of credit sales are paid for in the month of....

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question - shown below is the sales forecast for cooper inc for the first four months of the coming

Q : You purchase a boat for 35000 and pay 5000 down and agree....

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question - a you purchase a boat for 35000 and pay 5000 down and agree to pay the rest over the next 10 years in 10

Q : If the effective interest method is used by how much should....

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question - on june 30 2017 sesame corporation issued 10 million of its 8 bonds for 92 million the bonds were priced to

Q : Assuming commercial banks hold no excess reserves and the....

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question - assuming commercial banks hold no excess reserves and the reserve obligation is 20 how much money is

Q : What will be the impact on the company share price if they....

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question - what will be the impact on the company share price if they provide zero dividend as they are trying to build

Q : If staffing is reduced expenses will go down and we will....

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question -why is depreciation subtracted before tax is calculated and then added back to net profit to give cashif

Q : Lois ann owns 100 of new inc a s corporation basis of her....

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question - lois ann owns 100 of new inc a s corporation basis of her stock is 15000 at january 1 2011 new inc

Q : Its average total assets in year 1 were 262000 and 313000....

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question - a company reported operating cash flows in year 1 of 33100 and 26220 in year 2 its average total assets in

Q : If the market return this year turns out to be 9 percentage....

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question - a stock with a beta of 18 has an expected rate of return of 20 if the market return this year turns out to

Q : If you implemented activity based costing for your division....

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assignment 1 absorption variable and activity based costingrespond to the following in the discussion area

Q : How would you define the optimal capital structure is it....

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question participation questions to answer for week five1do you believe the stock market is efficient if so to what

Q : Wang co has delivery equipment that cost 54470 and has been....

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question - wang co has delivery equipment that cost 54470 and has been depreciated 24880record entries for the disposal