Merck Consolidated Balance Sheet | | | | | | € million | ------------------------------------------------- Note | ------------------------------------------------- Dec. 31‚ 2012 | ------------------------------------------------- Dec. 31‚ 2011 | ------------------------------------------------- Jan. 1‚ 2011 | 1 | Previous year’s figures have been adjusted‚ see Note [5] | | Current assets | ------------------------------------------------- | -------------------------------------------------
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Waterways Continuing Problem 1 Waterways Continuing Problem WCP1 Waterways Corporation is a private corporation formed for the purpose of providing the products and the services needed to irrigate farms‚ parks‚ commercial projects‚ and private homes. It has a centrally located factory in a U.S. city that manufactures the products it markets to retail outlets across the nation. It also maintains a division that provides installation and warranty servicing in six metropolitan areas. The mission
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for Bryan Corporation is given below. Sales for the year were $3‚040‚000 with 75 percent of sales sold on credit. BRYAN CORPORATION Balance Sheet as at Dec.31‚ 1999 |Assets |$ |Liabilities & Equity |$ | |Cash |60‚000 |Accounts payable |220‚000 | |Accounts receivable |240‚000
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appropriation account is also prepared. It explains as to how the profit earned during the period has been distributed. Balance sheet: There is no prescribed form of balance sheet for a sole proprietary or a partnership concern. However‚ the assets and liabilities may be shown in any of the following orders: I. Liquidity order II. Permanency Order In case the concern adopts liquidity order‚ the assets which are more readily convertible into cash are taken into account
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000 Incr $2‚400 subtract (-) Investments 138‚000 114‚000 Incr $24‚000 Plant assets 270‚000 242‚500 Incr $27‚500 Less: Accumulated depreciation (50‚000) (52‚000) Decr $2‚000 Total $ 682‚500 $ 514‚750 Liabilities and Stockholders’ Equity: Accounts Payable $ 112‚000 $ 67‚300 Incr $44‚700 add (+) Accrued expenses payable 16‚500 17‚000 Decr $500 subtract (-) Bonds payable 110‚000 150‚000 Decr $40‚000 Common stock
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13 to year 14 went sales went up by 50.25 percent‚ more than the increase in accounts receivables. These cash flow problems can be perceived by the fact that the company is not generating enough cash to pay neither their current liabilities nor their long-term liabilities. Their coverage ratio for year 14 was just 0.123 and their operating cash flow ratio for year 14 was 0.167. On top of
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on page 56 in your BUSN 5200 Custom text Version 2) As of August 31‚ 2011‚ what percentage of Main Street Store’s assets were financed with debt (that is‚ liabilities)? a. 20.9% From Exhibit 2-1 on page 56: b. 36.6% * Total liabilities: $117‚000 Total assets : $320‚000 c. 15.6% Percent of assets financed from debt (liabilities) = $117‚000 / $320‚000 = ..366‚ or 36.6% d. 100% 4. (See Exhibit 2-1 on page 56 in your BUSN 5200 Custom text Version 2) What was Main Street Store’s
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Tootsie Roll Industries‚ Inc. Loan Package ACC/561 Tootsie Roll Industries‚ Inc. Loan Package In week three‚ Learning Team E presents a loan package for public held company‚ Tootsie Roll Industries‚ Inc.‚ in business for over 100 years. Tootsie Roll is a manufacturer of confectionery products. In addition to sales in the United States‚ Tootsie Roll’s profits grew in Mexico‚ Canada‚ Europe‚ Asia‚ South and Central America. This loan package consists of three sections: Financial Ratios‚ Corporate
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Exercise Assignment Basic Accounting Equations 1. Recognition of normal balances The following items appeared in the accounting records of Triguero ’s‚ a retail music store that also sponsors concerts. Classify each of the items as an asset‚ liability‚ revenue‚ or expense from the company ’s viewpoint. Also indicate the normal account balance of each item. a. The albums‚ tapes‚ and CDs held for sale to customers. b. A long-term loan owed to Citizens Bank. c. Promotional costs to publicize
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JSC «Kazakh-British Technical University» Business School Department of “Management and Social Sciences” Project Report Topic: Linguistic educational centre “Otan” Discipline: Business Planning Team Number: 7 team member 1: Mukatayeva Almira Term: Fall 2013 Instructor’s full name: Dr. Alex Mosesov Almaty‚ 2013 CONTENT 1. Summary…………………………………………………………………………………………………3 2. Business overview…………………………………………………………………………………..3-7 2.1 Description of
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