What information does articles of incorporation include?

Q: ABD Company has provided the following data for the month of November: Inventories 1-Nov 30-Nov Raw…

A: a.  Calculation of ending inventory is as follows :  Formula is : Beginning inventory + Net…

Q: On December 31, 2017, ABC Company had P1,000,000 of short term notes payable due February 7, 2018.…

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Q: Golf Trends is an importer of a wide variety of Cleveland golf products. On 1 November 2018 the…

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Q: Jammer Company uses a weighted average perpetual inventory system and reports the following:…

A: Cost of inventory on August 29 = ($260 + $435) x (5 / 25) = $139

Q: Direct materials purchases budget for bladder and valve: FlashKick Company Direct Materials…

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Q: 6.) The discounted cashflows of a bond is equal to Dirty Price (Value) Accrued Interest Clean Price…

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Q: On November 29, 20x1, ABC Co. placed a non-cancellable purchase order for the importation of a…

A: FOB shipping terms says that goods are meant to be shipped or delivered when these are shipped from…

Q: Oakdale fashion's ink 2021 income statement a reported below  Net sales (all credit):…

A: Taxes are the amount of dues or obligations which needs to be settled by the business to the…

Q: A company issues 7% bends with a par value of 5200.000 at per on January1. The market rte on the…

A: Interest on Bonds is calculated by multiplying the stated coupon rate with the face value of bonds.…

Q: (A) The Martha Corporation had equipment with a cost of $60,000 and book value of $35,000 that she…

A: ANSWER   consider the two situation independently is

Q: Edward is married and files a joint return. He reports the following items of income and loss for…

A: The annual gross income of the company is the income before deducting any deduction. This income is…

Q: 3) the 456 company purchased office supplies from a-one supplies worth 80,000 on april 4, 2021 A-…

A: company deals in selling product to the customer credit Management system and inventory management…

Q: Keith Corporation has an accounts receivable turnover ratio of 3.4.  What is the firm’s average…

A: Formula: Average collection period = 360 days/Accounts receivable turnover ratio where, Accounts…

Q: Using these data from the comparative balance sheet of Sheridan Company, perform vertical analysis.…

A: Vertical analysis is a part of a comparative analysis of the company. It helps in analyzing the…

Q: Factory utilities Sales salaries 11,000 118,000 Sales commissions 49,000 55,000 91,000 55,000…

A: (Note: Since you have posted a multi-part question, we will solve the first three parts for you. For…

Q: At the beginning of the current year, Bert Company purchased a mineral mine for P26,400,000 with…

A: GIVEN   At the beginning of the current year, Bert Company purchased a mineral mine for P26,400,000…

Q: 6. Question Content Area Budgeted Cash Collections, Budgeted Cash Payments Historically, Ragman…

A: A Cash Flow Forecast seems to be a tool used by organizations to assist them to anticipate where…

Q: Complete FLASH TRUCKING SERVICES WORKSHEET FOR THE MONTH ENDED DECEMBER 31, 2014

A: Worksheet is 10 column sheet which first shows unadjusted general ledger balances, adjustment…

Q: Waterway Company manufactures widgets. Carla Vista Company has approached Waterway with a proposal…

A: We should not consider unavoidable manufacturing overhead. Because they are fixed cost and not…

Q: A debt amortization schedule prepared for each debt and equity is considered a good control. O True…

A: Debt Amortization Schedule: A loan amortisation schedule is a comprehensive table of periodic loan…

Q: Belmont Corp. is considering the purchase of a new piece of equipment. The cost savings from the…

A: Accounting rate of return (ARR) = ARR is a financial ratio that calculates the return generated from…

Q: help me identify if this is an asset, expense, withdrawals, liability, revenues - a written promise…

A: Asset is the useful thing we have us like property, car, machines. These are valuable things that…

Q: A student needs P4000 per year for 4 years to attend college. Her fath invested P5000 in a 7%…

A: Money Deposit = 5000 Rate of Interest = 7%  Concept of Compounded interest shall be applied…

Q: At the end of the month, the schedule of accounts payable (a list of ending amounts owed to…

A: Accounts payable is a part of current liabilities which shows the amount due to creditors in respect…

Q: Equity-linked note can be a combination of a zero-coupon bond and an B. equity option A. efficient…

A: Equity linked noted includes to a debt instrument which do not pay fixed interest rate. It is…

Q: Lena is a sole proprietor. In April of this year, she sold equipment purchased four years ago for…

A: Gain on equipment sale = selling price - Adjusted basis For first equipment = 17000 - 15500 = 1500

Q: Fizer Pharmaceutical paid $86 million on January 2, 2021, for 6 million shares of Carne Cosmetics…

A: A Journal entry is a primary entry that records the financial transactions initially. The…

Q: 1. Budgeted Income Statement Coral Seas Jewelry Company makes and sells costume jewelry. For the…

A: Budgeted Income Statement is the Statement that helps estimates and evaluate Revenue and expenses…

Q: The current Federal Unemployment Taxes (FUTA) tax rate is 0.6%, and the State Unemployment Taxes…

A: Total unemployment taxes = FUTA unemployment taxes + SUTA unemployment taxes where, FUTA…

Q: Stephanie's Cafes,​ Inc., has declared a dividend of ​$1.53 per share for shareholders of record…

A: Solution: Dividend per share declared = $1.53 Nos of outstanding shares = 250000

Q: kelly’s Fitness Center purchased a new step machine for $16,500. The apparatus is expected to last…

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Q: Triple J business has installed prepaid electricity unit equipment. At the end of the accounting…

A: Lets understanding the basics. Adjusting entry is passed at the year end to record correct amount of…

Q: On November 1, 2020, Skysong, Inc’s stockholders’ equity section is as follows:  Common stock, $10…

A: When a stock dividend is being issued, it will reduce retained earnings of the business and common…

Q: 2. What if sales increased to 363,000 discs? How would that affect the ending finished goods…

A: Finished goods inventory refers to all those inventories of a company which are available for sale…

Q: Under which circumstances can the speculator gain a profit and what is the risk of carry trades?

A: The big risk in a carry trade is the uncertainty of exchange rates. Using the example above, if the…

Q: Vati-Vati CC produces and sells only one product. The following data is available: nventory levels…

A: Finished Goods Inventory refers to when Goods Are completed and Stored before sale is known as…

Q: Model A Model B Model C Units of production 1,700 1,200 1,100 Labour hour required 0.3 0.6…

A: Given data :- Total overheads = $103,000  Total activities of Activity 1 : = 1,000 + 600 + 400  =…

Q: Messla, Inc. manufactures solar-powered vehicles. Some of the costs from the past year include:

A: 1. Janitor means care taker or door keeper. So, he is not direct involved in production.  That's why…

Q: Jax Company provides an incentive compensation plan under which its president received a bonus equal…

A: Amount of the bonus = 10% x income before income tax but after deduction of the bonus…

Q: Crescent Company produces stuffed toy animals; one of these is “Arabeau the Cow.” Each Arabeau takes…

A: A budget is a forecast of revenue and expenses for a certain future period of time that is generally…

Q: Troy (single) purchased a home in Hopkinton, Massachusetts, on January 1, 2007, for $270.000. He…

A: Comment - Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the…

Q: At the end of the month, the schedule of accounts payable (a list of ending amounts

A: In schedule of accounts payable,  name of vendor, invoice number, date of sale, due date of bills ,…

Q: Zigwell Manufacturing spent an average of $18 per order to issue 30,000 purchase orders last year.…

A: Formula for total purchasing cost Average cost per order × Number of orders

Q: As a company's management accountant you would: Select one: а. Be involved in the yearly reporting…

A: The correct answer for the above mentioned question is given in the following steps for your…

Q: Information for two alternative projects involving machinery investments follows. Project 1 requires…

A: Net annual cash flows is the difference between annual cash inflows and annual cash outflows.…

Q: Peter has adjustedrgross income of $48,000 in the current year. He contributes $27,000 to his church…

A: The donation can be made by the taxpayer and the deduction can also be claimed for the same. The…

Q: The ABC's statement of financial position shows total shareholders' equity of P3.150.000 as of…

A: Formula used: Book value per share = Total Shareholders equity / Outstanding shares Division of…

Q: Using the following information, prepare a bank reconciliation.   Bank balance: $4,021 Book…

A: While preparing bank reconciliation, adjusted balances for both book balance and bank balances are…

Q: The following statement suits best the definition of ASSETS: O a. The assets are expenses incurred…

A: Assets are considered as the resources of the business used to run the daily activity of the…

Q: A company manufactures a product with three models, each with different direct material costs and…

A: Manufacturing overhead means the cost incurred in factory for producing the finished goods but not…