How much needs to be invested in order to have desired sum
A company wants to have $21,000 at the end of a five-year period by investing a single sum now. How much needs to be invested in order to have the desired sum in 5 years, if the money can be invested at 11%?
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The Jefferson Corporation was started on January 1, 2010. The company incurred the following transactions during the year (Assume all transactions involve cash):
AAA Company had beginning raw materials inventory of $8,000. During the period, the company purchased $46,000 of raw materials on account. If the ending balance in raw materials was $5,000.
How the variation in the ending inventory between LIFO, FIFO, and average value is reflect on the balance sheet? in another words; Explain HOW the variation is reflected in the balance sheet.
The acctual cash recieved from cash sales was $11,279, and the amount indicated by the cash register total was $11,256 what is the amount deposited in the bank for the days sales?.
A standard cost card says that a product is suppose to use 4lb of material B per finished unit and that the standard price of material B is $4.50 per lb. the budgeted production was 1000 units, but 1040 where made.
During 2009, the company purchased $234,000 of direct raw materials. It incurred $180,000 of direct labor costs for the year and allocated $260,000 of manufacturing overhead costs to work in process.
Winnovia Mills processes cotton in a joint process that yields two joint products: fabric and yarn. May's joint cost is $120,000, and the sales values at split-off are $360,000 for fabric and $300,000 for yarn.
Prepare a statement of cash flows using the indirect method. Flood damage is unusual and infrequent in that part of the country.
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