Prepare the necessary adjusting entries at december
Prepare the necessary adjusting entries at December 31, 2009, for the Falwell Company for each of the following situations. Assume that no financial statements were prepared during the year and no adjusting entries were recorded.
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Jay´s Trucking Inc., has issued an 8%, 20 year bond paying interest semiannually. The bond has a face value of $1,000. If the yield of the bond is 10% (effective annual yield), what is the price of the bond?
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The DJH Corporation just paid a dividend of $2.07. It expects its cash dividends to grow 6.0% per year forever. DJH has a debt ratio of L = 39%. Its borrowing rate is rd = 7.5%. DJH pays corporate taxes at the rate of 37%, rf = 3.9%, rM = 12.0%, a
Explain who the stakeholders are who will be affected by such legislation.
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What is the ethical dilemma in this case, and what values are in conflict? How should Mary deal with Peggy, Joe, the donor, and representatives of the corporation? Explain how and why you chose your solution. (minimum 200 words).
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