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Moline Company - journalize the transactions

On January 1, 2012, Moline Company had Accounts Receivable $154,000; Notes Receivable of
$12,000; and Allowance for Doubtful Accounts of $13,200. The note receivable is f...

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Category:Financial Accounting on 23 Apr, 2014

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Alter Company - journalize the transactions

P8-6B On January 1, 2014, Alter Company had Accounts Receivable $154,000; Notes Receivable of
$12,000; and Allowance for Doubtful Accounts of $13,200. The note receivable is ...

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Category:Financial Accounting on 23 Apr, 2014

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Wally's Motors - inventory conversion period

Wally's Motors generally has inventory that equals $48 million. If the inventory turnover
for the company is 8X, what are its: (a) Inventory conversion period; and...

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Category:Financial Management on 23 Apr, 2014

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Dynamo Corporation - cost of debt

The cost of debt: Dynamo Corporation has semiannual bonds outstanding with 12 years to maturity
and are currently priced at $1,080.29. If the bonds have a coupon rate of ...

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Category:Financial Management on 23 Apr, 2014

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Travis & Sons - projected net present value

Travis & Sons has a capital structure which is based on 40 percent debt, 5 percent
preferred stock, and 55 percent common stock. The pre-tax cost of debt is 7.5 perc...

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Category:Financial Management on 23 Apr, 2014

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Digby Corporation - revenue in the income statement

In the month of March the Digby Corporation received and delivered orders of 156,000 units at
a price of $15.00 for revenue of $2.340mil for their product Daft. Digby use...

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Category:Financial Accounting on 23 Apr, 2014

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