ACCT 495 January 28, 2013 HW: E15-9,10,18 E 15-9 N = 6 $562,907 (5.32948) = 3,000,000 I =5% Lessor 1/1 Lease Receivables 3,000,000 Equipment Warehouse 3,000,000 6/30 Cash 562,907 Lease Receivables 562,907 12/31 Cash 562,907 Lease Receivables 441,052 Interest Revenue 121,855 Georgia- Atlantic Inc. Income Statement For the year ended 31, 2011 Non-Operating Revenue Interest Revenue 121,855 Operating Expense Depreciation
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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
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ACCT 553 Week 5 Assignment Questions 14-24 What is the purpose of the dividends-received deduction? What corporations are entitled to claim this deduction? What dividends qualify for this deduction? The purpose of the dividends received deduction is so that corporations would not be taxed at a corporate level a shareholder level or if when dividends or a recipient corporation. The dividends qualifying for the dividends-received deduction are those dividends paid by domestic corporations subject
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FIN 442 MULTINATIONAL CORPORATE FINANCE Winter 2013 Lee McClain Parks Hall 39 (360) 650-3973 Lee.McClain@wwu.edu OFFICE HOURS: TR 10:00-11:50 and by appointment PREREQUISITES: FIN 341 REQUIRED MATERIALS: Moffett, Stonehill, Eiteman; Fundamentals of Multinational Finance, 4th ed. (Prentice Hall, 2012) ISBN: 0132138077. Access to The Wall Street Journal. COURSE OBJECTIVES/LEARNING OUTCOMES: 1. To expand a student’s knowledge beyond domestic financial management. 2.
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Service as a Product An interesting once in awhile event as a Renaissance Fair has become a more realistic hobby for many people in the Pennsylvania Region. Within one hour of Easton, Pennsylvania, one of the centre points of the tri-state area there are over 60 different Live Action Role-Playing Events on a monthly basis. Generally, these events start Friday Evening and end in Sunday in the afternoon. These games are interactive Renaissance Fairs where people act the part of a hero or villain
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Page 1: 30 Multiple Choice 1. (TCO A) An advantage of the corporate form of business is that (Points: 5) it has limited life. its owner’s personal resources are at stake. its ownership is easily transferable via the sale of shares of stock. it is simple to establish. 2. (TCO A) Which of the following activities involves collecting the necessary funds to support the business? (Points: 5) Operating Investing Financing
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(a) --- Diagnostic control systems, serving mainly as management by exception tools, are used to monitor organizational outputs and compare them to the preset standards, in order to correct possible deviations and keep the intended strategy on track. --- Beliefs systems: the explicit set of organizational definitions that senior managers communicate formally and reinforce systematically to provide basic values, purpose and direction for the organization; --- Boundary Systems: they delineate the acceptable
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IBM Stocks Presentation Speaker Notes Slide 1 Good morning/good afternoon. I am Christopher allman and I’m here to give a presentation of IBM’s stock performance in 2014 and speculations about the company’s stock performance in 2015. Although IBM is a known leader in the field of technology, even big giants like IBM fall. However, despite the company’s very poor performance in the Dow in 2014, experts predict that the company will again rise in 2015. Slide 2: Although I’m sure that most of you
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3. Dr. Michaella Evans, a statistics professor at the University of Maryland University College, drives from her home to the school every weekday. She has three options to drive there. She can take the Beltway, or she can take a main highway with some traffic lights, or she can take the back road, which has no traffic lights but is a longer distance. Being as data-oriented as she is, she is interested to know if there is a difference in the time it takes to drive each route. As an experiment she
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Chapter 4 answers Exercise 4-13 (20 minutes) | | Total | Per Unit | 1. | Sales (20,000 units × 1.15 = 23,000 units) | $345,000 | $ 15.00 | | Variable expenses | 207,000 | 9.00 | | Contribution margin | 138,000 | $ 6.00 | | Fixed expenses | 70,000 | | | Net operating income | $ 68,000 | | | | | | 2. | Sales (20,000 units × 1.25 = 25,000 units) | $337,500 | $13.50 | | Variable expenses | 225,000 | 9.00 | | Contribution margin
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