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petes pet products is a sole proprietorship owned by pete thompson the store provides a full-line of pet products
loxley corporation is authorized to issue 50000 shares of 10 par value common stock during 2012 loxley took part in the
accounting for restricted stock tweedie company issues 10000 shares of restricted stock to its cfo mary tokar on
the following situations involve accounting principles and assumptions1 piang company owns buildings that are worth
assume all of the companys sales are on account the accounts receivable balance at the beginning of the year was 512
stillwater designs is a private company and outsources production of its kicker speaker lines suppose that stillwater
cvp not for profit monroe classical music society is a not-for-profit organization that brings guest artists to the
theater by design and showcase cinemas are asking you to recommend their stock to your clients because theater by
kean dry cleaners is owned and operated by wally lowman a building and equipment are currently being rented pending
an investor sells a stock short for 36 a share a year later the investor covers the position at 30 a shareif the margin
purchase of intangible assets in a business acquisitioncossack company purchased village enterprises the following fair
the portfolio manager of a hedge fund believes that stock a is undervalued and stock b is overvalued currently their
debt-to-equity ratioconsider the following informationshort-term
computation of dividends common and preferredthe company has 10000 shares of 6 100 par preferred stock outstanding in
honda motor company has discovered a problem in the exhaust system of one of its automobile lines and has voluntarily
computing cash received from the sale of property plant and equipmentcompute the amount of cash received from the sale
computation of financial ratiosschlofman company has the following assetscash 20000accounts
paula company acquires 100 of the common stock of shannon company for 190000 cash on the acquisition date shannons
present value of series of unequal paymentscasper sporting goods co is considering a 1 million capital investment that
on december 1 2011 the itami wholesale co is attempting to project cash receipts and disbursements through january 31
the following information pertains to worthy tours1 cash balance per bank july 31 72632 july bank service charge not
duggan sports bar reported net income of 195000 for 2008 duggan also reported depreciation expense of 25000 and a loss
the t-accounts for equipment and the related accumulated depreciation for stone kitchen equipment company at the end of
on december 31 2008 crawford resorts estimated that 15 percent of its net sales of 400000 would become uncollectible