Entries by mary WAMBUGU

On Dec 31, 2016, Alpha Company invested $10,000 in 2 yrs, certificate with 8% annual interest rate with semi-annual compounding.

September 6, 2019 in /by

On Dec 31, 2016, Alpha Company invested $10,000 in 2 yrs, certificate with 8% annual interest rate with semi-annual compounding. Use this information to determine the maturity value of the certificate on Dec 31, 2018? (Round your answers to the nearest whole dollar.)   Looking for a Similar Assignment? Order now and Get 10% Discount! […]

 

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"

Calculate ending inventory, cost of goods sold, gross margin, and gross margin rate under periodic method; compare results.

September 6, 2019 in /by

Calculate ending inventory, cost of goods sold, gross margin, and gross margin rate under periodic method; compare results. You are provided with the following information for Molly Inc. for the month ended October 31, 2014. Molly uses a periodic method for inventory. Date Description Units Unit Cost/ Selling Price Beginning Inv Date Description Units Unit […]

 

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"

On May 15, 2016 the Smoky Bear Company inventory storage facility was completely destroyed in a fire. Offsite accounting records reflect the normal gross profit rate is 40% of sales.

September 6, 2019 in /by

On May 15, 2016 the Smoky Bear Company inventory storage facility was completely destroyed in a fire. Offsite accounting records reflect the normal gross profit rate is 40% of sales. Sales to the date of the fire were $1,650,000. The April 30, 2016 inventory value was $500,000. Two purchases were made during May, before the fire, for […]

 

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"