Entries by Hannah Wangui

international financial reporting standards

The goal of reporting under international financial reporting standards is to use ________. Select one: a. fair value for balance sheet items b. market value for balance sheet items c. fair value for income statement items d. market value for income statement items   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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Required information[The following information applies to the questions displayed below.]

Required information[The following information applies to the questions displayed below.]   Marathon Inc. (a C corporation) reported $2,150,000 of taxable income in the current year. During the year, it distributed $215,000 as dividends to its shareholders as follows: (New Corporate income tax rate has been mentioned as “21% on all taxable income” as per the recent […]

 

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dividend income

After several years of profitable operations, Javell, the sole shareholder of JBD Inc., a C corporation sold 22 percent of her JBD stock to ZNO Inc., a C corporation in a similar industry. During the current year JBD reports $700,000 of after-tax income. JBD distributes all of its after-tax earnings to its two shareholders in […]

 

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data

Assume the data are in thousands of dollars. 173.1 171.2 141.9 112.6 211.1 156.5 145.4 134.0 192.0 185.8 168.3 131.0 214.4 155.2 164.9 123.9 161.9 162.7 178.8 161.3 182.0 165.8 213.1 177.4 159.3                 The data are to be organized into a frequency distribution. a)     How many classes would you recommend?                                                                         2 a)     If you were advised to use 11 classes, what […]

 

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