Exercises and Problems –W2 E9-1 The following expenditures relating to plant assets were made by Spaulding Company during the first 2 months of 2011. 1. Paid $5‚000 of accrued taxes at time plant site was acquired. 2. Paid $200 insurance to cover possible accident loss on new factory machinery while the machinery was in transit. 3. Paid $850 sales taxes on new delivery truck. 4. Paid $17‚500 for parking lots and driveways on new plant site. 5. Paid $250 to have company name and advertising slogan
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WileyPLUS Assignment: Week 1 Practice Quiz Resource: WileyPLUS Complete the Week 1 Practice Quiz in WileyPLUS Multiple Choice Question 41 The proprietorship form of business organization must have at least two owners in most states. is classified as a separate legal entity. combines the records of the business with the personal records of the owner. generally receives favorable tax treatment relative to a corporation. Multiple Choice Question
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WEEK ONE PROBLEMS QRB501 McConnell & Brue Text Chapter 7: Study Question 12 The following table shows nominal GDP and an appropriate price index for a group of selected years. Compute real GDP. Indicate in each calculation whether you are inflating or deflating the nominal GDP data. [pic] Chapter 8: Study Question 2 Suppose an economy’s real GDP is $30‚000 in year 1 and $31‚200 in year 2. What is the growth rate of its real GDP? [(31‚200 – 30‚000) / 30‚000] * 100 =
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Week 6 Homework MBA527 1. Read "Case 9: National Collegiate Athletic Association Ethics and Compliance Program‚ pp 444-454. Answer the questions at the end of the case. How does the NCAA encourage collegiate football programs to develop a culture of ethics and compliance? Collegiate football is not only a very lucrative and rapidly growing “business” but it also has a “tremendous impact on our culture‚ influencing the values of millions of participants and spectators”. Because of this‚ it is
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Wiley Plus Wk 2 Ex & Prob ACC/291 August 6‚ 2012 Wiley Plus Wk. 2 Ex & Prob E8 – 3 Date | Account Titles and Explanation | Debit | Credit | 31 – Dec. | Bad Debts Expense Accounts receivable-Fell | 1‚400 | 1‚400 | | | | | 31 – Dec. | Bad Debts Expense (840‚000 – 30000)*1% Allowance for Doubtful accounts | 8‚100 | 8‚100 | | | | | 31 – Dec. | Bad Debts Expense Allowance for Doubtful Accounts (120‚000*10%)-2100 | 9‚900 | 9‚900 | | | | | 31 – Dec.
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A Canadian company‚ Keystone XL Pipeline‚ wants to export oil from its vast supply into the United States and possibly to other markets as well. Some groups are against the pipeline for various reasons‚ one of which is they state the oil sands project is harmful to the environment. They further say that the increased oil supply to the US will not make a large dent in our overall consumption and therefore is pointless. I completely disagree with this logic. The increase in the oil supply would
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Case Study Report: Green Mountain Coffee Roasters and Keurig Coffee Course – Business Policy (BUSN 412) Student Name – Inderjeet Singh Subject – Assignment week 6 University – DeVry University Date – 06/14/2014 Case Study Report: Fresh Direct Company Information Company Name – Green Mountain Coffee Roasters and Keurig Coffee Website – http://www.greenmountaincoffee.com Founded in- 1981 Background/History/Company Timeline 1981- Green Mountain Coffee Roasters was
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VM Week 6 Assignments August 17‚ 2013 Professor Smith 1. The importance of employee benefits as a strategic component of fulfilling the goals of human resource management is to find‚ attract‚ and retain quality employees (DeCenzo & Robbins‚ 2009). Treating employees with respect‚ offering bonuses‚ rewards‚ on site lunches‚ etc. helps keep employees happy‚ and loyal. The main purpose for employee benefits is to find qualified candidates to fill positions‚ and want to stay within the company
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Week 5 : C Corporations Concluded - Homework ES Page 1 1. (TCO E) For federal tax purposes‚ royalty income that is not derived in the ordinary course of a business is classified as: (Points : 5) portfolio income. answer active income. passive income. None of the above 2. (TCO F) When comparing corporate and individual taxation‚ the following statement is true: (Points : 5) Unlike individual taxpayer‚ corporate may not have a long-term capital loss carryforward
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Tabitha Gwinn Week 6 Assignment PSY-201 This article was full of information in the transition to adulthood. It begins with a history of becoming an adult. This article takes you through comparisons of the statistics from the past to now. This article gives you an idea on the difference between race and ethnic backgrounds. It also provides support for its findings. What I found interesting in this article is that back in the day‚ which young people
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