How much cash was collected from making sales
Beginning and ending accounts receivable are $75,000 and $41,000, respectively. Sales for the period total $383,000, of which $39,000 was directly for cash. How much cash was collected from making sales and collecting accounts receivable?
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Ramirez Company has an available-for-sale investment in the 6%, 20-year bonds of Soto Company. The investment was originally purchased for $1,200,000 in 2009.
Each container is designed to hold ten pieces. It takes an average of thirty minutes to complete a cycle. How many containers will be needed?
Grayson Bank agrees to lend the Trust Company $100,000 on January 1. Trust Company signs a $100,000, 9%, 9-month note. What is the adjusting entry required if Trust Company prepares financial statements on June 30.
The amount of conversion cost in the ending work in process inventory was (Round the Cost Per Equivalent Unit calculation to 2 decimal places):
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In addition to the declaration of the annual dividend on the preferred shares, dividends of $40,500 were declared on the common shares today.
Using single exponential smoothing with α = 0.2 and a June forecast = 13, find the July forecast. Make whatever assumptions you wish. List these assumptions.
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