Other - Business & Finance - July 2007

1)An audit guarantees that the financial statements are free of all misstatements
2)The payment of a liability in cash will decrease owners' equity
3)It is not possible for the left side of the equation to both increase/decrease as a result of the same transaction
4)Debits always increase and credits always decrease the accounts
5)In a journal entry, the debits must equal the credits and at least three accounts are affected by the transaction
6)An example of ongoing operations is revenue earned through the sale of a new automobile by a car dealership
7)Example of revenue earned from ongoing operating activities is the sale of an extended warranty contract on a washer and dryer
8)Cash flow operations would include cash used to purchase new equip
9)The ledger contains info which has been posted from the journal
10)Usually, adjusted entries are entered in the accounts at the beginning of the accounting period
11)Rev collected in advance of being earned reps a liability until it is earned

2007-07-08 15:40:24 · 3 answers · asked by bonbon 2

Selected financial statement information is reported below for Femer Corporation for the year ended December 31, 2007.

Sales $500,000

Cost of goods sold 240,000

Depreciation expense 30,000

Other Operating expenses 106,000

Net income $124,000

Dividends paid $50,000


Account Balances Dec. 31, 2007
Dec. 31, 2006

Cash $16,000
$28,000

Accounts Receivable 40,000
30,000

Inventory 28,000
36,000

Wages payable 8,000
10,000

Using the above data, determine the cash flow from operating activities for the year using the direct method.

2007-07-08 15:08:57 · 1 answers · asked by Anonymous

2007-07-08 12:17:00 · 2 answers · asked by Captain Kid 3

I have recieved a case id and invoice but dont know where to go from here-
To complete the transaction, payment must be made using bank-to-bank electronic wire transfer.



Send the payment using eBay Motors Agent's payment details.
E-mail* eBay Motors Financial Department at:
ebaymotors@invoice-financial-department.com.
the following payment information:
Case ID and Invoice #;
tracking # of the wire transfer;
Sender's Name and Address;

Total Amount Sent.
Fax* the bank payment receipt to eBay Motors Financial Department at:
(+1)866-571-9915

2007-07-08 10:26:08 · 3 answers · asked by herbie 2

Is it possible? I could avoid the toy sections which our about 100% MADE IN CHINA, but what about the food? I heard on the radio that 85% of garlic and broccoli are coming from there now. And also pharmaceuticals? 99% of vitamin C comes from China. The stuff that does say MADE IN USA, doesn't actually mean it is. It could be 100% made in China which was assembled in California. Has anyone been able to compile a list to stay away from Chinas shipments? I have nothing against the good citizens of China but I hate their communistic agendas and the government in

2007-07-08 10:15:55 · 3 answers · asked by Stephen 2

The documents to be sent are;

1. WINNING CERTIFICATE FROM THE UK LOTTERY
2.WINNERS CHEQUE / CASH AMOUNT FOR THE VALUE OF 552,00.00 POUNDS
3.CLEAR SOURCE OF FUNDS CERTIFICATES (C.S.F.C.);

As soon as you establish contact with them please notify me at once.
We look forward to receipt of your information.
Congratulations once again on your winning.

You are requested to send a copy of your information to the above mentioned firm of your choice to enable the proper verification of your winning details Below:


CLAIMS RELEASE/ VERIFICATION FORM
1.Full Name___________________________
2.Full Address_________________________
3.Marital Status_______________________
4.Occupation_________________________
5.Age_______________________________
6.Sex_______________________________
7.Nationality_________________________
8.Country Of Residence________________
9.Telephone Number___________________
10.Fax Number_______________________
11.Ticket Number______________________
12.Reference Number___________________
13.Batch Number______________________

Also I want to use this medium to inform you that you will have to keep your winning very personal to avoid double claim by internet violator. I hope this is clear if there be any further question you wish to ask do not hesitate to let me know about it. Once again congratulations on your victory.

Thank you for your understanding

Regards
Barrister Louis Cox Esq.


Copyright © 1995-2007 The UK National Lottery Inc.
All rights reserved. Terms

2007-07-08 09:51:03 · 5 answers · asked by Anonymous

2007-07-08 09:48:08 · 5 answers · asked by TT 1

i will provide vulue of merchandise and keep track of income for taxes

2007-07-08 08:55:34 · 1 answers · asked by Anonymous

2007-07-08 08:20:59 · 5 answers · asked by Lardshark 1

at the store

2007-07-08 08:17:45 · 4 answers · asked by C M 3

2007-07-08 08:01:34 · 2 answers · asked by bliss_1203 2

i bought it online on friday
but what day would it come?
be serious

2007-07-08 07:45:38 · 2 answers · asked by weirdolala 2

I've done one charter on a 47 seat coach. Cost me $90 per hour for four hours driving and $30 per hour for six hours waiting, for a total of $540. I sold 46 seats for $30 each on this trip, that's $1380. I ran an ad in a local weekly paper for two weeks and that cost about $100. I put an ad on a local radio station that cost $150 for 15 times played.
I made nearly $600 for about 20 hours work. The bus was old but rebuilt (1984). It was OK, but nothing to brag about. This company has two similar buses.
Another company I contacted has somewhat newer buses, most 1988-93. They also have a few 45' buses, which seat 55, vs. 40' buses which seat only 47. Some of their buses are 8' wide and some are 8'6" wide.The company I used only has 8' wide buses.
The costs with the other company are about 25% higher. The buses are still pretty old, but again rebuilt and look OK. For future trips, what would you choose? Would slightly newer be worth slightly more money?

2007-07-08 06:50:37 · 2 answers · asked by Anonymous

2007-07-08 06:38:34 · 9 answers · asked by sailorcara 2

is having your companies name or logo drawn or shaved into animals , i.e. dogs , cats , horses , giraffes , camels , donkeys , chinchillas ....... a good why to get your message across to your targeted audience ????

2007-07-08 05:57:38 · 4 answers · asked by ? 1

i know there would more than liekly be a screen for pre employment, but what about after youv been working at a company for a year or so? i just like to burn the occasional doob and dont want to give that up but im accounting major with 4.0gpa

2007-07-08 04:12:04 · 7 answers · asked by Anonymous

I worked for them for 7 years, and then I came to realize that I was lonely, in bad shape, almost no friends left, travelling and working 24 hours a dayincluding weekends. If you think you are going to make it to Partnership...no...it is not based on what you accomplish but simply on politics.

And then if ou look at partners, their sons have to go to deep therapy, they are often divorced and come to work on weekends....

I know I got the best experience ever with them...but maybe sucked that in for too long.

Could you guys tell me if you had the same experience?

2007-07-08 03:54:44 · 1 answers · asked by Curisoso001 1

I'd imagine the most precious is platinum. Maybe not.

2007-07-08 03:40:36 · 3 answers · asked by Anonymous

There was talk about rounding all prices to nearest 5 c-nickel, and eliminating the penny, some years back, so far nothing happened the pennies are still weighing our pockets down, and "littering" our sidewalks. Why is that?...is it greed of merchants, who want to get you for all they can, or public loves the cents...(my 2 cents worth. winking smiley here)

2007-07-08 03:37:48 · 3 answers · asked by Anonymous

2007-07-08 01:37:00 · 7 answers · asked by hassan_eyvazi 1

What was the initial offer price of the sale of shares in British Gas and how much was the minimum investmant?

Was the company sold off too cheap?

2007-07-07 23:12:13 · 3 answers · asked by footynutguy 4

Let's say this business is a Quality Furniture limited Company

2007-07-07 21:41:03 · 1 answers · asked by woodenorwire2 1

is it a good site to order electronics?

2007-07-07 20:51:54 · 2 answers · asked by waddle02 2

2007-07-07 19:30:17 · 1 answers · asked by Anonymous

Which of the following statement about financial ratios is INCORRECT?
(A) according principles & methods used by a company will not affect financial ratios.
(B) the infomational value of a ratio in isolation is limited.
(C) a ratio is one number expressed as a percentage or fraction of another number
(D) calculation of financial ratios is not sufficient for a complete financial analysis of a company

From my point of view, A&B are incorrect. Can you tell me your answer?

2007-07-07 16:52:18 · 2 answers · asked by Anonymous

what are some good jobs that make good money that you don't have to go to college a really long time for?
like i wanted to go for pharmacy, but 6 years in college is a really long time.
i'm one of the few younger people who actually thinks about college and stuff.
most jobs gets 10 points.
it also don't matter what field, just nothing like a nurse, i get squimish at the site of blood.

2007-07-07 14:20:03 · 3 answers · asked by Anonymous

I only ask as i am currently and have been for quite a few years trying to find a job in the media industry. Most jobs advertised seem to ask for quite a list of skills such as experience with complex editing programmes and other technical requirements. I have a feeling that the trolley zombies may be on a similar wage to people trying to break into the media industry. Is it me or is there something not right with that?

2007-07-07 12:33:45 · 10 answers · asked by jj26 5

I have recently been contacted about a craigslist ad that I posted. A man named Timothy Blair from AFPRINT FABRICS & TEXTILES asked me to be a U.S. representative for his company. They are supposedly based in England. All I had to do was receive checks from people stateside, keep 10%, and mail the rest to wherever I was told to mail it. I received my 1st check for $3,600.00. I was told to mail $3,000.00 to Africa, by Western Union, and await instructions for the rest (after my 10% was deducted). Is this legit? I just don't see how they can give away so much money! I looked for the name and address of the "person" who sent me the check (by UPS, by the way). But, I found a different person living at that address. Can someone help me? Has anyone else run across this, or do you have any advice???

2007-07-07 11:46:42 · 7 answers · asked by happytobeblondie 1

Is the dollar amount per year that you are eligible to recieve for social security on their yearly update given in todays dollars or future inflated dollars?
Example, I want to take social security in 12 years at the age of 62. Social security says I will recieve 16,000 per year. Is the 16,000 in todays dollars or do you multiply that by 3% per year for inflation for 12 years to get the amount you will recieve in 2019 dollars??

2007-07-07 10:53:26 · 3 answers · asked by Anonymous

can anyone thing of any good names for a trucking business?

2007-07-07 10:51:31 · 2 answers · asked by Anonymous