Business, 19.02.2021 16:20 Lovebamagirl12
Milea Inc. experienced the following events in Year 1, its first year of operations:
1. Received $15,000 cash from the issue of common stock.
2. Performed services on account for $45,000.
3. Paid the utility expense of $1,250.
4. Collected $38,090 of the accounts receivable.
5. Recorded $8,050 of accrued salaries at the end of the year.
6. Paid a $1,100 cash dividend to the stockholders.
Required:
Prepare the income statement, statement of changes in stockholders' equity, balance sheet and statement cash lows for the 2018 accounting period.
Answers: 2
Business, 22.06.2019 11:30
1. regarding general guidelines for the preparation of successful soups, which of the following statements is true? a. thick soups made with starchy vegetables may thin during storage. b. soups should be seasoned throughout the cooking process. c. finish a cream soup well before serving it to moderate the flavor. d. consommés take quite a long time to cool. student c incorrect
Answers: 2
Business, 22.06.2019 13:10
A4-year project has an annual operating cash flow of $59,000. at the beginning of the project, $5,000 in net working capital was required, which will be recovered at the end of the project. the firm also spent $23,900 on equipment to start the project. this equipment will have a book value of $5,260 at the end of the project, but can be sold for $6,120. the tax rate is 35 percent. what is the year 4 cash flow?
Answers: 2
Business, 22.06.2019 19:10
You have just been hired as a brand manager at kelsey-white, an american multinational consumer goods company. recently the firm invested in the development of k-w vision, a series of systems and processes that allow the use of up-to-date data and advanced analytics to drive informed decision making about k-w brands. it is 2018. the system is populated with 3 years of historical data. as brand manager for k-w’s blue laundry detergent, you are tasked to lead the brand's turnaround. use the vision platform to to develop your strategy and grow blue’s market share over the next 4 years.
Answers: 2
Business, 22.06.2019 20:00
Miller mfg. is analyzing a proposed project. the company expects to sell 14,300 units, plus or minus 3 percent. the expected variable cost per unit is $15 and the expected fixed cost is $35,000. the fixed and variable cost estimates are considered accurate within a plus or minus 3 percent range. the depreciation expense is $32,000. the tax rate is 34 percent. the sale price is estimated at $19 a unit, give or take 3 percent. what is the net income under the worst case scenario?
Answers: 2
Milea Inc. experienced the following events in Year 1, its first year of operations:
1. Received...
English, 25.07.2019 13:30
Advanced Placement (AP), 25.07.2019 13:30
English, 25.07.2019 13:30
Chemistry, 25.07.2019 13:30
History, 25.07.2019 13:30
History, 25.07.2019 13:30