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Accounting help? Towel Enterprises issued 9%, 5-year, $2,000,000 par value bonds that pay interest semiannually on October 1 and April 1. The bonds are dated April 1, 2011, and are issued on that date. The discount rate of interest for such bonds on April 1, 2011, is 8%. What cash proceeds did Towel Enterprises receive […]

Consider the following accounting terms and definitions: TERMS: Consider the following accounting terms and definitions: TERMS: 1. Accounting Equation 2. Asset 3. Balance Sheet 4. Expense 5. Income Statement 6. Liability 7. Net Income 8. Net Loss 9. Revenue 10. Statement of Cash Flows 11. Statement of Retained Earnings DEFINITIONS: A. An economic resource that […]

Cisco Systems Inc., pioneered the concept of a “virtual close” of the financial records. A virtual close is described as follows: The traditional practice of closing a company’s books on a monthly, quarterly, or annual basis is out of sync with the dynamics of the new economy. In the past, the financial close and subsequent […]

current Asset, Classify each of the following as a (CA) current Asset, (NA) noncurrent asset, (CL) current liability, (NL) noncurrent liability or (E) equity account. Choose the best or most frequently used classification. a. Supplies b. Notes receivable c. Unearned subscription revenue d. Accounts payable e. Retained earnings f. Accounts receivable g. Preferred stock h. […]

Clare Wong spends a lot of her time working for large local charity. The charity has grown enormously in recent years and the trustees have been advised to overhaul their accounting procedures. This would involve its workers (most of whom are voluntary) in more book-keeping and there is a great deal of resistance to this […]

Building Teams and Resolving Conflict You are the manager of a team that collaborates on various projects. These projects need to be addressed by the entire group to provide resolutions that are in the company’s best interest because it will affect all parties and departments. Today in the management meeting, a discussion evolved around the […]

Cindy Belton opened a law office Cindy Belton opened a law office, Cindy Belton, Attorney at Law, on July 1, 2011. On July 31, the balance sheet showed Cash $4,000, Accounts Receivable $1,500, Supplies $500, Office Equipment $5,000, Accounts Payable $4,200, and Common Stock $6,000, and Retained Earnings $800. During August the following transactions occurred. […]

Refer to the financial information for Kellogg’s and General Mil Required 1. Are Kellogg’s and General Mills merchandisers, manufacturers, or service providers? 2. What is the dollar amount of inventories that each company reports on its balance sheet at the end of the most recent year? What percentage of total assets do inventories represent for […]

CS430/530 Home works Come up with heuristics for the following problems. Explain whether they are admissible, and whether the state spaces contain local maxima with your heuristic. a. The general case of the chain problem (i.e., with an arbitrary goal state) from Exercise 3.15. b. Algebraic equation solving (e.g., “”solve 3x^2+y^2=y for x (in terms […]

kidney transplant. A study is conducted to estimate survival in patients following kidney transplant. Key factors that adversly affect successof the transplant include advanced age and diabetes. This study involves 25 partipants who are 65 years of age and older and all have diabetes. Following transplant, each participant is following for up to 10 years. […]