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2 years ago

intermediate accounting 17th edition, by donald e. kieso, jerry j. weydandt, and terry d. warfield; john wiley

1 answer:

4 0

Intermediate Accounting, 17th Edition is written by industry thought leaders, Kieso, Weygandt, and Warfield and is developed around one simple proposition: create great accountants.

"Upholding industry standards, this edition incorporates new data analytics content and up-to-date coverage of leases, revenue recognition, financial instruments, and US GAAP & IFRS. While maintaining its reputation for accuracy, comprehensiveness, and accessibility"

Different features of this edition includes-

- Easy assessment

- Organised learning

- Data analytics module

- Integrated CPA Exam review prepares students for success

- Video homework assistance reaches all types of learners

- Data analytics prepare students for the changing profession

- Practice made simple

- Wiley accounting updates

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EEE Corp. reports the following information for the fiscal year. (in $ million) Revenue $7,015 Expenses $3,890 Beginning retaine

Naily [24]

Answer:

See below

Explanation:

First we will compute the ending retained earnings

= Beginning retained earnings $4,615 + Revenue $7,010 - Dividends $500

= $11,125

Then , the total assets of EEE corp. would be

= Capital contributed $820 + Retained earnings $11,125 + liabilities at year end $5,225

= $17,170

4 0

3 years ago

Finch Manufacturing Company established the following standard price and cost data. Sales price $ 8.90 per unit Variable manufac

lina2011 [118]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Sales price $ 8.90 per unit Variable manufacturing cost $ 3.60 per unit Fixed manufacturing cost $ 2,500 total Fixed selling and administrative cost $ 1,000 total Finch planned to produce and sell 3,000 units. Actual production and sales amounted to 3,200 units.

1) Contribution format income statement:

Sales= 8,900

Variable costs= 3,600

Contribution margin= 5,300

Fixed MOH= 2,500

Fixed selling and administrative= 1,000

Net operating income= 1,800

2) Flexible budget

Sales= 26,700

Variable costs= 10,800

Contribution margin= 15,900

Fixed costs= 3,500

Net operating income= 12,400

7 0

3 years ago

The government takes in $100 million in taxes, but has an obligation of $120 million in government services to provide. what is

Sidana [21]

it is an exsample of what the governement is doing they are takeing taxes so they can pay there taxes that what i think not to be funny tho but id thats not right then it is because it is because the government has more power so i will just take taxes without asking or leting them know

4 0

3 years ago

Read 2 more answers

Baker Industries’ net income is $24,000, its interest expense is $5,000, and its tax rate is 25%. Its notes payable equals $24,0

Lostsunrise [7]

Answer:

ROE = 9.23%

ROIC = 7.62%

Explanation:

Data:

Net Income NI = $24,000

Interest Expense IE = $5,000