Acct 550 Project 1

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    Acct 550 Project 1

    Company Name Balance Sheet As of DEC 31, 2012 Assets Current Assets Cash 42,485 Trading Securities FMV 28,250 Acct Receivable 165,824 Allowance for Doubtful Accounts (1,850) Net Realizable Value 163,974 Merchandise Inventory 499,493 Notes Receivable 23,000 Prepaid Expenses 16,252 Total Current Assets 773,454 Long Term Investments Investments in Warren Co. 87

    Words: 345 - Pages: 2

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    Friendly Cards Case Analysis

    McConville to review a potential acquisition or partnership. The prospects will elevate some of the president’s concerns for financing. In her own words, Ms. Beaumont expressed that the cost of financing growth right now was high and Friendly Card's projects 20% growth over the next year and even more in subsequent years. Further stating, the company had never been without financing problems and had always been capital intensive relying on strong relations with its banks and suppliers in realizing success

    Words: 3519 - Pages: 15

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    Acct 550

    Acct 550 Course Project Prof. Scott XYZ Company Balance Sheet As of December 31, 2012 Assets Current Assets Cash 42,485 Account Receivable 165,824 Allowance for doubtful accounts 1,850 Net account receivable 163,974 Inventories 499,493 Securities(available for sale) at fair market value 28,250 Notes Receivable (due next year) 23,000 Prepaid Expenses 16,252 Total current assets 773,454 Non-current Assets Investments in Warren

    Words: 330 - Pages: 2

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    Sikh

    rate × debt face value = 8% × 1,000,000 = $80,000 Times interest earned = EBIT/Interest expense = 300,000/80,000 = 3.75 Chap.8 10. NPV = 3,000 + 800 annuity factor(10%, 6 years) = $484.21 At this discount rate, you should accept the project. You can solve for IRR by setting the PV of cash flows equal to 3,000 on your calculator and solving for the interest

    Words: 2184 - Pages: 9

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    Sap Exercises

    Management Business Cycle beginning with a quotation and ending with recording | |final payment received from the customer. This process will include the procurement cycle as you will need to procure the items for sale. | Exercise 1: Logging on to the SAP System Enter the following: ➢ Select server name provided by the course lead ➢ Click on [pic] ➢ Client number provided by course lead ➢ User ID (e.g., User-100) provided

    Words: 32727 - Pages: 131

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    Customer Satisfaction

    Transforming Lives Communities The Nation …One Student at a Time Disclaimer Academic programmes, requirements, courses, tuition, and fee schedules listed in this catalogue are subject to change at any time at the discretion of the Management and Board of Trustees of the College of Science, Technology and Applied Arts of Trinidad and Tobago (COSTAATT). The COSTAATT Catalogue is the authoritative source for information on the College’s policies, programmes and services. Programme information

    Words: 108220 - Pages: 433

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    Bmgt220 Week 1 to 7 Homework Solutions

    BMGT220 Week 1 to 7 homework solutions Click Link Below To Buy: http://hwaid.com/shop/bmgt220-week-1-7-homework-solutions/ Problem 1 Record the following journal entries below. The first two are done for you as examples. Date Event 1/2/2010 Amanda Smith invested $20,000 cash in capital stock of newly formed corporation 1/4/2010 Purchased equipment on account for $15,000. Note that when you see on account it means the customer will pay later. 1/12/2010 Received $30,000

    Words: 2570 - Pages: 11

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    Accounting for Emission Trading

    Boston College Environmental Affairs Law Review Volume 39 | Issue 2 Article 7 6-1-2012 Accounting for Emissions Trading: How Allowances Appear on Financial Statements Could Influence the Effectiveness of Programs to Curb Pollution Laura E. Souchik Follow this and additional works at: http://lawdigitalcommons.bc.edu/ealr Part of the Environmental Law Commons Recommended Citation Laura E. Souchik, Accounting for Emissions Trading: How Allowances Appear on Financial Statements Could Influence

    Words: 11507 - Pages: 47

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    Schematic Evaluation of Internal Accounting Control System

    Monograph No. RM-1992-08-1 (August 11, 1992) EURIDIS Research Monograph Erasmus University Rotterdam, The Netherlands © Kuo-Tay Chen and Ronald M. Lee Permission to copy this monograph without fee is granted provided that (1) the copies are not distributed for the direct commercial purpose and (2) this copyright page including the copyright notice, the EURIDIS monograph number, and date appear. TABLE OF CONTENTS CHAPTER 1. INTRODUCTION ...................................... 1 1.1 BACKGROUND ...

    Words: 32893 - Pages: 132

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    Accounting Information System

    Journal Entries in an ERP This assignment reviews basic accounting entries for a series of transactions, emphasizes the integration of journals to the financial statements, and introduces students to these journal entries in SAP ERP Journal Entries in an ERP This assignment reviews basic accounting entries for a series of transactions, emphasizes the integration of journals to the financial statements, and introduces students to these journal entries in SAP ERP

    Words: 6282 - Pages: 26

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