1. Arredondo‚ Inc. has current assets of $2‚170‚ net fixed assets of $9300‚ current liabilities of $1350‚ and long-term debt of $3980. Building a balance sheet for this company‚ address the following questions: a. What is the value of the shareholders’ equity account for this firm? b. How much is net working capital? Arredondo‚IncBalance Sheet | Assets Liabilities and Owener`s EquityCurrent assets $2‚170 Current
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How Young is too Young to be Safe? As I approach my first time taking driver’s training‚ I think about how little experience I have going into it. I feel unprepared and I get easily distracted. This makes me wonder‚ “At 16 is it really safe for me to be driving?” I imagine this is a question many teens ask themselves. That’s when I thought of a way to find an answer. Research it. The point being to prove that‚ the minimum age that drivers can receive their license should be raised to 18 because‚
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B 2. C 3. A 4. D 5. B 6. A 7. A 8. B 9. D 10. C 11. C 128 INCOME TAXATION 6TH Edition (BY: VALENCIA & ROXAS) SUGGESTED ANSWERS Chapter 14: Income Taxes of Estates & Trusts Problem 14 – 4 D Gross income Less: OSD (P200‚000) Net income Less: Basic personal exemption Net taxable income P200‚000 80‚000 P120‚000 50‚000 P70‚000 The estate can deduct greater amount of deductions by using OSD. Section 35(C) of NIRC provides that if the taxpayer dies during the taxable year‚ his estate may still claim
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Owner’s equity can increase through: Owner contributions and/or Net income Owner’s equity can decrease through: Owner drawings (10 - 15 min.) E 1-24 Req. 1 Net income for American Express Services (AES) is $7‚000‚000‚000. Revenues – Expenses = Net Income $21‚000‚000‚000 - $14‚000‚000‚000 = $7‚000‚000‚000 Req. 2 The owner’s equity increased during the year by*
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4.03 Dinoflagellates 1. Paralytic shellfish poisoning (PSP)‚ an illness caused from the ingestion of saxitoxins. It is caused by HAB’s and there effects on shellfish‚ which are then consumed. Leaves the victim in a state of paralysis as symptoms progress. Death can result from respiratory failure. Neurotoxic shellfish poisoning (NSP)‚ sickness caused by the result of ingesting shellfish contaminated by brevetoxin. Symptoms include nausea and neurological symptoms like slurred
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The name “Alaska” is of Native American origin‚ meaning “Great Land.” Alaska Young is without a doubt the most complex character in the book. The name Alaska fits her because there is so much about her and to figure out‚ like a great land. "Little kids can dial 911. They do it all the time. Give me the wine‚" she said‚ deadpan and emotionless.” (Green 150). This shows that she is a very complicated person. Alaska is submersed in Guilt‚ and blame because of her mother’s death. Because of this‚ Alaska
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Washington State University Finance 325 Practice Problems 1. What is the net present value of a project with the following cash flows and a required return of 12 percent? Year 0 1 2 3 Cash Flow -$28‚900 $12‚450 $19‚630 $ 2‚750 2. What is the net present value of a project that has an initial cash outflow of $12‚670 and the following cash inflows? The required return is 11.5 percent. Year 1 2 3 4 Cash Inflows $4‚375 $ 0 $8‚750 $4‚100 3. A project will produce cash inflows of $1‚750
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collected accounts receivable of $9‚765 and incurred operating expenses of $27‚700‚ 80 percent of which were paid during the year. In addition‚ Rumbo paid $4‚500 for an 18-month advertising campaign that began on September 30. Rumbo ’s accrual-basis net income (loss) for 2009 was a. | $9‚285 | b. | $8‚535 | c. | $14‚075 | d. | $(775) | 2. The 2013 accrual-basis income statement for Razorri Corporation reports sales revenue of $81‚000. The related balance sheet accounts for the beginning
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Senjaya Course 3 Case Work - How Kimberly-Clark Keeps Client Costco in Diapers Questions 1. In a vendor managed inventory situation‚ suppliers must be sure that customer inventory levels of the products they supply never run out. Explain how it is possible for the supplier to meet customer requirements and still reduce the level of inventory that they carry in their warehouse. 2. Thinking of the future‚ are there any ways for Costco and Kimberly-Clark to improve this situation? Individually? Together
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discounted cash flow analysis and an estimated net present value for expenditures of this magnitude. The issue is whether the analysis should be performed in euros or pesos. Relevant cash flows and appropriate discount rates are the focus in this introduction to cross-border capital budgeting. Industry and competitive analysis‚ international tax factors‚ remittance policies‚ etc. may be ignored. Answer the following questions in your report: 1. Compute the net present value of Ariel-Mexico’s recycling
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