Exercise 6-1 Part A (1) Sales 2‚700‚000 Purchases (Cost of Goods Sold) 2‚700‚000 To eliminate intercompany sales of 2011 (2) 12/31 Inventory-Income Statement (Cost of Goods Sold) 487‚500 12/31 Inventory (Balance Sheet) 487‚500 To eliminate unrealized intercompany profit in inventory Exercise 6-2 Reported Net Income- S Company $ 525‚000 Noncontrolling Interest Percentage 0
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Problem 17-8 Brooks Corp. is a medium-sized corporation specializing in quarrying stone for building construction. The company has long dominated the market‚ at one time achieving a 70% market penetration. During prosperous years‚ the company’s profits‚ coupled with a conservative dividend policy‚ resulted in funds available for outside investment. Over the years Brooks had a policy of investing idle cash in equity securities. In particular‚ Brooks has made periodic investments in the company’s
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Physics 2A! Olga Dudko UCSD Physics! Lecture 1! Today: ! ! ! About the course. " " " "Why you should plan to excel in PHYS 2A! ! " ! Standards. Units. Dimensions. Estimation. " How to do better on exams (and discover new physical laws)! Welcome to Physics 2A!! •! Physics is the science that tells us how and why •! Physics 2A: classical mechanics which is the study of motion of macroscopic objects (baseball‚ cars‚ rockets‚ planets etc.) ! – different from Quantum Mechanics
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Begin at 4:30 Daughters working for wages (what does that do in terms of family life?) Daughters do a lot of chores‚ so brother can study Creates many opportunities Women are working outside and bringing money back into household Changes in authority in household Working sisters over brothers‚ sisters in control Working daughter & mother decide how to spend money Employing a female work force Microchip assembly is done by all women Keep wages low‚ avoid benefits‚ etc. Wage
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Financial Statements Principles of Accounting/ACC280 Date Instructor Name Abstract Understanding what is happening financially in the company insights provides the financial information system of accounting. One must have knowledge of numbers when working in accounting. The three basic activities in accounting are identifies‚ records‚ and communicates. The four financial statements are income statements‚ retained earnings statement‚ balance sheet‚
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2a) a) Increasing the difference between the sample mean and the original. The z score represents the distance of each X or score from the mean. If the distance between the sample mean and the population mean the z score will increase. b) Increasing the population standard deviation. The standard deviation is the factor that is used to divide by in the equation. the bigger the SD‚ then the smaller the z score. c) Increasing the number of scores in the sample. Should bring the samples mean
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This document of XACC 280 Week 1 CheckPoint 1 - Accounting Assumptions‚ Principle and Constraints consists of: Business - Accounting Write an essay in 250 to 300 words‚ including the following: · The basic assumptions of accounting · The principles of accounting · The constraints of accounting A conclusion stating how you think sound financial reporting depends on principles‚ assumptions‚ and constraints. Refer to the U.S. GAAP in your response. Do not purchase
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Ratio‚ Vertical‚ and Horizontal Analyses Regina Stewart XACC/280 February 3‚ 2012 Jose Rodriguez Ratio‚ Vertical‚ and Horizontal Analyses A detailed examination of the tools used in financial analysis‚ in addition to their various functions‚ is provided within this paper. The current ratio and calculations on the questions are provided herein. A variety of tools are used to assess the importance of financial data. Frequently used tools of financial statement analysis consist of horizontal
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------------------------------------------------- Top of Form Grading Summary These are the automatically computed results of your exam. Grades for essay questions‚ and comments from your instructor‚ are in the "Details" section below. | Date Taken: | 9/8/2012 | Time Spent: | 09 min ‚ 54 secs | Points Received: | 30 / 30 (100%) | | Question Type: | # Of Questions: | # Correct: | Multiple Choice | 10 | 10 | | | Grade Details - All Questions | 1. | Question :
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Retains Title until it is properly disposed of. Contractor may purchase GFP or continue to use on another contract. Destroy or Abandon With everything clearly written in the FA You would think that GFP should be easy BUT you would be wrong PROBLEMS Manpower Misplaced Contractor goes out of business Administration headache Revolving Door of Government Employees MANPOWER MISPLACED CONTRACTOR GOES OUT OF BUSINESS ADMINISTRATION HEADACHE REVOLVING DOOR OF GOVERNMENT EMPLOYEES
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