Prepare the journal entry to record this sale
Marina, Inc., held 1,500 of Navia common stock with a cost of $36,900. These shares were classified as a long-term available-for-sale investment. It sold the shares on December 13 for $42,100. Prepare the journal entry to record this sale.
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Explain the difference between direct and indirect materials. Give examples of each for a manufacturing company of your choice.
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If there is a tariff of 25 percent on imported automobiles and a tariff of 50 percent on imported inputs used in this industry?
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