Cash records bank collection

The December cash records of Dunlap Insurance follow: Cash Receipts Cash Payments Date Cash Debit Check No. Cash Credit Dec 4 $ 4,170 1416 $ 860 9 510 1417 130 14 530 1418 650 17 2,180 1419 1,490 31 1,850 1420 1,440 1421 900 1422 630 Dunlap’s Cash account shows a balance of $16,740 at… Continue reading Cash records bank collection

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New Projects and sales assignment

Question 1 A new project will generate sales of $74 million, costs of $42 million, and depreciation expense of $10 million in the coming year. The firm%u2019s tax rate is 35%. Calculate cash flow for the year by using all three methods: (a) direct method (dollar in – dollar out); (b) indirect method (net income… Continue reading New Projects and sales assignment

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Stock market and investing notes

New Tax Codes and Stock” Calvin, a client of yours since you opened your practice, has over the past few years become very intrigued with investing in the stock market. He has interest bearing securities and dividend paying stocks. He also owns U.S. Securities. He is considering selling $400,000 in stocks.  He doesn’t know if… Continue reading Stock market and investing notes

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Standard deviation assignment

PART A ( MANUAL THROUGH FORMULAS: please show your work for partial credit) (10 points) Age (years) Frequency 10 0 11 8 12 3 13 2 14 7   Q.1 Calculate the mean age in the data set of ages above. Q.2 Calculate the median age in the data set of ages above. Q.3 Calculate… Continue reading Standard deviation assignment

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Introductory Statistics and critical thinking

MATU-203 Final Project Instructions Mastering the concepts in Introductory Statistics assists in building critical thinking skills, developing businesses and organizations, and solving all types of problems that require data. But an understanding of statistics extends beyond the ability to crunch numbers or use a software program. The ability to collect, organize, and analyze data is… Continue reading Introductory Statistics and critical thinking

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Constructing an Annotated Bibliography

You have been preparing for this final assignment each week by constructing an Annotated Bibliography (Week 2) and a detailed outline of the Final Paper’s main points (Week 3) in which you focused on the following: Historical and constitutional basis for the American Government’s structure The system of checks and balances The various roles (e.,… Continue reading Constructing an Annotated Bibliography

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Benefits of a budget assignment

Part I Compose a memo to the client discussing the benefits of a budget. Include information regarding static budgets, as well as flexible budgets, and the differences between the two. In Part II of this assignment, you will prepare a static budget for the client. Also, include your rationale for each decision (step) that you… Continue reading Benefits of a budget assignment

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Zero-interest-bearing notes

Exercise 14-16: Entries for zero-interest-bearing notes, page 823 On January 1, 2013, McLean Company makes the two following acquisitions. 1. Purchases land havinga fair value of $300,000 by issuing a 5-year, zero-interest-bearing promissory note in the face amount of $505,518. 2. Purchases equipment by issuing a 6%, 8-year promissory note having a maturity value of… Continue reading Zero-interest-bearing notes

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