P6-2A Breathless Distribution markets CDs of the performing artist Christina Spears. At the beginning of October, Breathless had in beginning…

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P6-2A Breathless Distribution markets CDs of the performing artist Christina Spears. At thebeginning of October, Breathless had in beginning inventory 1,000 Spears CDs with a unit costof $5. During October Breathless made the following purchases of Spears CDs.Oct. 3 3,500 @ $6 Oct. 19 2,000 @ $8Oct. 9 4,000 @ $7 Oct. 25 2,000 @ $9During October 10,000 units were sold. Breathless uses a periodic inventory system.Instructions(a) Determine the cost of goods available for sale.(b) Determine (1) the ending inventory and (2) the cost of goods sold under each of the assumedcost flow methods (FIFO, LIFO, and average cost). Prove the accuracy of the costof goods sold under the FIFO and LIFO methods.(c) Which cost flow method results in (1) the highest inventory amount for the balance sheetand (2) the highest cost of goods sold for the income statement?(b)(2) Cost of goods sold:FIFO $66,000LIFO $74,000Average $70,400

100 words min, no cut and paste, cite refs. Provide other examples of how companies and businesses that take advantage of the environment view most

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100 words min, no cut and paste, cite refs.Provide other examples of how companies and businesses that take advantage of the environment view most religions?

Other examples of how companies and businesses that take advantage of the environment viewmost religions include the example of multi nationals that are formulated for the purpose ofsuiting all…

8. Sam has $80,000 of net income from his sole proprietorship. What is his deduction for AGI for self-employment taxes?

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8. Sam has $80,000 of net income from his sole proprietorship. What is his deduction for AGI for self-employment taxes? (Points : 5) $12,240$11,304$6,120$5,652None of the above.

For self employed people a tax which is similar to the Federal Insurance Contributions tax whichis imposed by the Self Employment Contributions Act of 1954. Under this act the self employedpeople…

At December 31, 2010 and 2009, Glass Corp, had 120,000 shares of common stock and 10,000 shares of 5%, $100 par value cumulative preferred stock…

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At December 31, 2010 and 2009, Glass Corp, had 120,000 shares of common stock and 10,000 shares of 5%, $100 par value cumulative preferred stock outstanding. No dividends were declared on either the preferred or common stock in 2010 or 2009. Net income for 2010 was $400,000. For 2010, earnings per common share amounted to:a. $3.33b. $2.92c. $2.50d.$1.67

Sheryl Crow Equipment Company sold 558 Rollomatics during 2014 at $6,740 each. During 2014, Crow spent $38,000 servicing the 2-year warranties that…

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Sheryl Crow Equipment Company sold 558 Rollomatics during 2014 at $6,740 each. During 2014, Crow spent $38,000 servicing the 2-year warranties that accompany the Rollomatic. All applicable transactions are on a cash basis.

Prepare 2014 entries for Crow assuming that the warranties are not an integral part of the sale. Assume that of the sales total, $164,300 relates to sales of warranty contracts. Crow estimates the total cost of servicing the warranties will be $190,000 for 2 years. Estimate revenues earned on the basis of costs incurred and estimated costs.

Sheryl Crow Equipment Company sold 558 Rollomatics during 2014 at $6,740 each. During2014, Crow spent $38,000 servicing the 2-year warranties that accompany the Rollomatic. Allapplicable…

Presented below are two independent situations. On January 1, 2017, Oriole Company issued $168,000 of 7%, 10-years bonds at par.

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Presented below are two independent situations.

1. On January 1, 2017, Oriole Company issued $168,000 of 7%, 10-years bonds at par.  interest is payable  quarterly on April 1, July 1, October 1, and January 1.

2.  On June 1, 2017, waterway company issued $120,000 of 11%, 10-year bonds dated January 1 at per plus accrued interest.  Interest  is payable semiannually on July 1 and January 1.

For each of these two independent situation, prepare journal entries to record the following.

(a) The issuance of the bonds

(b) The payment of interest on July 1

(c) The accrual of interest on December 31

Date                                  Account Titles and Explanation                               Debit                                                  Credit

________                            _______________________________________                  ______________________                         ___________________

                                          _____________________________________                   _________________________                      __________________

___________                          ___________________________________                  ___________________________                   ___________________

                                          _________________________________                        __________________________                      ______________________

____________                    ________________________________                        _________________________                    _____________________________

                                         _____________________________                             ___________________________                    _______________________________

                                       __________________________                                       ______________________                     __________________________________

2.        Waterway Company

__________________                _________________________                                    ___________________                    _______________________________

                                              ___________________________                                _____________________                  ____________________________

                                           ______________________________                                ______________________                  ___________________________

____________________                ________________________                                        ____________________               ___________________________________

                                                   _________________________                                   ______________________             ___________________________________

 1. You should write about 2,000 words. The word count does NOT include any figures, tables and list of references. 2. All non-original sources must be fully cited. Question: “Using empirical ex

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1. You should write about 2,000 words. The word count does NOT include any figures, tables and list of references. 

2.  All non-original sources must be fully cited.

Question:

“Using empirical examples from any industries, critically discuss whether any costs related to supply chain development should be avoided as much as possible so as to minimize the cost of production, or whether they should be encouraged so as to maximize the added value of the products being produced.”

You should critically discuss the above statement based on supply chain theories and real-world examples. Also, you should explain and justify why you (do not) agree with the statement. In the case that you do not agree with the statement, you should also propose how, and to what extent, information flows should be encouraged along global supply chains.

Rainbow Paint Co.’s comparative financial statements for the years ending December 31, 2016 and 2015, are as follows. The market price of Rainbow…

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I am having trouble with this accounting problem and need help. Please used the attached formula sheet and include calculations so that I can go back and work through the problem, also answer question b. Thank you in advance for all your help.

  • Attachment 1
  • Attachment 2

Running Head: Ratio Analysis Limitations Student Name:Professor Name:College Name: Running Head: Ratio Analysis LimitationsIn ratio analysis the same information cannot be carry because various…

9. What is Alexander’s net gain or loss on the liquidation of his 100% interest in an S corporation if the corporation distributes the following

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9. What is Alexander’s net gain or loss on the liquidation of his 100% interest in an S corporation if the corporation distributes the following three assets to him in exchange for his stock? Prior to any distributions, Alexander’s basis in his S corporation interest was $160,000. (Points : 3) ($12,000)2. ($22,000)$10,0004. $22,000None of the above

9. What is Alexander’s net gain or loss on the liquidation of his 100% interest in an Scorporation if the corporation distributes the following three assets to him in exchange for hisstock?…

Business should look at environmental issues as a no-win situation:

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Business should look at environmental issues as a no-win situation: either you help the environment and hurt your business, or else you help your business at a cost to the environment. True or False A corporation can avoid involving itself with environmental issues if it so chooses since there are few environmental risks associated with the creation and distribution of products.True or FalseEcocentric management centers around practices that maximize current economic growth, without regard to the potential harms to future generations.True or False

Business should look at environmental issues as a no-win situation: either you help theenvironment and hurt your business, or else you help your business at a cost to theenvironment.True or…