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Home >> Accounting Basics
1. Why is the IRS concerned with the corporate debt to equity ratio?
2. Relative to corporate formation, how one can contribute appreciated property without gain recognition to the Transferor?
Accounting Basics, Accounting
Question - Brankov Company has current assets of $ 95000 and current liabilities of $110,000. The company decides to issue stock and receives cash of $100,000. After this transaction, the company's current ratio will be: ...
Questions - Q1. Tam Co. is negotiating for the purchase of equipment that would cost $100,000, with the expectation that $20,000 per year could be saved in after-tax cash costs if the equipment were acquired. The equipme ...
Need a three page essay, double spaced, with 4 cited references on the topic "Are today's accounting standards too strict following the issues with Enron and Worldcom?". At the end of the essay, need a one page recommend ...
Question - Jack's Jax has total fixed cost of $25,000. If the company's contribution margin is 60%, the income tax rate is 25% and the selling price of a box of Jax is $20, how many boxes of Jax would the company need to ...
Question - Dollars for Dozers Entity (DDE) has a bulldozer it acquired 3 years ago. DDE has decided to sell the dozer in its principle market located in Tennessee. DDE has decided that the dozer needs to recondition its ...
Problem - One of the worst cases of aquatic pollution occurred on March 24, 1989, when the oil tanker Exxon Valdez ran into a reef in Prince William Sound, Alaska, spilling 11 million gallons of oil into the sea, with de ...
Question: Review the Course Project Guidelines. In the last module, you completed your estimate of cash flows for your project. In this module, you will calculate the break-even point for the project and the expected fin ...
Question - Bob Smith borrowed $200,000 on January 1, 2015. The interest rate of 8% is compounded semiannually to be repaid January 1, 2025. To repay this Bob wants to start making five equal annual deposits into fund tha ...
Question - A company's Wages Payable account had a beginning balance of $12,000. During the month, the company paid out $70,000 cash for wages. The account had an ending balance of $23,000. What was recorded as Wage Expe ...
Question - (a) Explain the terms Absorption Costing and Variable (Direct) Costing. (b) How does Variable (Direct) Costing differ from Absorption Costing? (c) What is the difference between Expired Costs and Unexpired Cos ...
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Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
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