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in order to enhance sales from their present annual 35 million abc company a retailer is considering more liberal credit standards presently the firm
a small airline company called mancunian airways ma is considering purchasing a new jet which will be used solely on the new route manchester paris
an entity had the following transactions during the year ended 31 december 2010 the entity invested in a convertible bond on its issue date the bond
on 1 january 2009 a company yeti granted an employee the right to choose between i 30000 yeti shares or ii a cash-payment equivalent to the price of
a company purchased 16 million shares representing an 80 controlling interest in another company on 1 july 2010 the terms of the purchase were as
a parent has had a controlling interest of 60 in its subsidiary for a number of yearsbelow are financial statement extracts of the two companies for
an item of plant was purchased for 100000 on 1 january 2009 at that time its estimated residual value was 5000 at 31 december 2009 prices the
rsc designs quarterly selling and distribution expenses are 100000 including 10000 depreciation and are expected to be paid in the quarter
emily jackson rsc designs management accountant is in charge of preparing the master budget for 2013 she has gathered the following information1
in response to a question about financing the acquisition james replied the production equipment will cost 950000 we will also need to purchase
a dell computers sell 100 pcs at rs42000 the variable expenses amount to rs28000 per pc the total fixed expenses is rs1400000 prepare an income
prove that accounting equation is satisfied in all the following transactions of mrx1 commenced business with cash -
the objective of this project is to demonstrate the effect of releasing accounting information concerning profits on the valuation ie share price of
seattle health plans currently uses zero debt financing its operating income ebit 1 million and it pays taxes at a 40 percent rate it has 5
consider a not-for-profit hospital faced with a familiar choice to open or not to open an emergency center in a new suburban hospital shopping
allied managed care company is evaluating two different computer systems for handling provider claimsthere are no incremental revenues attached to
the managers of merton medical clinic are analyzing a proposed project the projects most likely npv is 120000 but as evidenced by the following
morningside nursing home a not-for-profit corporation is estimating its corporate cost of capital its tax-exempt debt currently requires an
in january 2011 rogers co purchased a machine that cost 85000 the equipment is estimated to have a 5-year life and a salvage value of 15000a compute
robin corporation accepted credit cards for 34200 of services performed in october 2011the credit card company charged a 3 service fee and paid robin
explain the meaning of the terms tangible and intangible and discuss how these terms are used in describing
after the accounts are adjusted at the end of the year accounts receivable has a balance of 215000 uncollectible accounts expense has a balance of
the book of deven verma could not be tallied the accountant transferred the difference of rs 1270 in the suspense account on the debit side the
q2 explain different methods of costing your answer should be studded with examples preferably firm name and product for each method of
petra corporation purchased p4000 worth of merchandise on account terms 210 n30 fob shipping point prepaid transportation charges of p200 were added