How to compute the amount of the ending inventory
Pre-tax income, $12,000; total operating expense (not including income tax) $20,000; sales revenue $120,000; Beginning balance $8,000; and purchases $90,000; compute the amount of the ending inventory?
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Lambert invests $10,000 for a 1/3 interest in a partnership in which the other partners have capital totaling $26,000 before admitting Lambert. After distribution of the bonus, what is Lambert's capital?
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Using either of these two numbers discuss the status of the project and if the project manager needs to take corrective actions. Justify your comments.
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Cody Doerr transferred cash from a personal bank account to an account to be used for the business in exchange for capital stock, $17,500.
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