Ace adjustments for each of the three years
Mauve, Inc has the following for 2011, 2012 and 2013 and no prior Ace adjustments: Pre adjusted AMTI $12,000, 15,000, 8,000 Adjusted current earnings: $10,000, 17,000, 5,000. What is the ACE adjustments for each of the three years?
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Mirna Gaymar, VP of operations for Rocky Mountain County Bank, has instructed the bank's computer programmer to use a 365-day year to compute interest on depository accounts (payables). Mirna also instructed the programmer to use a 360-day year to
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