Entries by Munene david

The following financial information is for Chesapeake Corporation

The following financial information is for Chesapeake Corporation are for the fiscal years ending 2018 & 2017 (all balances are normal): Use this information to determine the number of current ratio as of December 31, 2018: (Round & enter your answers to one decimal place and enter the value.)  ATTACHMENT PREVIEW Download attachment 2019-11-09 (4).png Item/Account 2018 2017 Cash […]

 

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On January 2, 2018, Alpaca Company purchased 15,000 shares

On January 2, 2018, Alpaca Company purchased 15,000 shares of the stock of Zebra Company, and did not obtain significant influence.  The investment is intended as a long-term investment.  The stock was purchased for $12 per share, and represents a 10% ownership stake.  Zebra Company made $55,000 of net income in 2018, and paid dividends of 50 cents […]

 

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By using the SEC report of KDP (Keurig Dr Pepper)

By using the SEC report of KDP (Keurig Dr Pepper) answer the following questions (look up SEC report 2018 for KDP to find the SEC report): Using vertical analysis (show your calculations), present the following values for this year and last year: -gross profit margin -net profit margin (use the last “net income” line on […]

 

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Please help me break down this question:

Please help me break down this question:<br/><br/><br/> Geraldo rented an office building to Brian for $3,000 per month. On 12/29/18, Geraldo received a deposit of $4,000 in addition to the first and last months’ rent. Brian commenced occupancy of the building on 1/02/19. On 7/15/19, Brian closed his business and filed for bankruptcy. Geraldo collected rent […]

 

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