Balance Sheet 2002 2001 Accounts Payable 165 95 Accumulated

Balance Sheet20022001Accounts Payable16595Accumulated Deprecation520339Cash200100Common Stock1,000700Dividends Payable4025Equipment2,7002,395Income Tax Payable100135Inventory1120890Mortgage Payable9001265Prepaid General Expense300350Retained Earnings15451098Unearned Sales Revenue5078Income Statement for 2002 Debit CreditSales10,000Loss on P.P.E.100COGS6,000General Expense2,000Depreciation Expense330Income Tax700Total Expense9,130Net Income870-What is the cash paid to repurchase shares of stock in 2002?-What is the cash paid in inventory?

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Construct a pro forma income statement for the first year and second year for the following assumptions

1. Construct a pro forma income statement for the first year and second year for the following assumptions:Units of Sales in Year 1: 110,000Price per Unit: $11Variable cost per unit: 30%Fixed Costs: $125,000Income taxes: 15%Interest Expense: $200,000In year 2, Price per unit increases to $11.50, and unit of sales increases by 5%, all other assumptions […]

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Discuss which currency is the functional currency of the foreign entity.

Discuss which currency is the functional currency of the foreign entity.An Indonesian operation manufactures a product using Indonesian materials and labour. Patented processes and operations staff are supplied by its Australian parent. Reimbursement invoices for these services are denominated in Indonesian rupiah. The product is sold in the Malaysian market at a price, denominated in […]

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How do leaders run a successful team

How do leaders run a successful team? What characteristics do you look for in a potential team leader? Are there cases where you would want a manager instead of a leader? How would you describe a well run team?

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Inflation and Risk Premiums-Voice River, Inc., provides media-on-demand services via the Internet

Inflation and Risk Premiums-Voice River, Inc., provides media-on-demand services via the Internet. Management has been studying current interest rates. A lender is willing to make a two-year loan to Voice River at a 12 percent annual interest rate. The U.S. government is currently paying 8 percent annual interest on its two-year securities.A. If the real […]

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You are given the following information: Capital Stock, $80,000 ($80 par);

You are given the following information: Capital Stock, $80,000 ($80 par); Paid-In Capital in Excess of Par Value—Common, $200,000; and Retained Earnings, $400,000. Assuming only one class of stock, the book value per share is:$680$280$80$400None of the above

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POLITIC 315 – Explain the Hatch Act and some of the associated controversies regarding political activity

Explain the Hatch Act and some of the associated controversies regarding political activityPosition classification in government jobs can seem byzantine. Please, take the time to thoroughly explain how this system works.Please read and complete case 8.1 on pp 218-219Please read and complete case 8.3 on pp 222-223Chapter 9 points out that there are four major […]

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How do multinational corporations contribute to the maintenance

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A psychologist specializing in marriage counseling claims

A psychologist specializing in marriage counseling claims that, among all married couples, the proportion p for whom her communication program can prevent divorce is at least 76%. In a random sample of 245 married couples who completed her program, 168 of them stayed together. Based on this sample, can we reject the psychologist’s claim at […]

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Assessment 2: Research proposal and Literature review

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