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E9-24 Miracle Printers (MP) manufactures printers. Assume that MP recently paid $600,000 for a patent on a new laser printer. Although it gives legal protection for 20 years, the patent is expected to provide a competitive advantage for only eight years.   Requirements 1. Assuming the straight-line method of amortization, make journal entries to record […]

Week Five Exercise Assignment Financial Ratios   1. Liquidity ratios. Edison, Stagg, and Thornton have the following financial information at the close of business on July 10:   EdisonStaggThorntonCash$ 6,000 $5,000$ 4,000  Short-term investments 3,000 2,500 2,000  Accounts receivable2,0002,5003,000 Inventory 1,000 2,5004,000 Prepaid expenses800800800 Accounts payable200200200 Notes payable: short-term3,1003,1003,100 Accrued payables300300300 Long-term liabilities3,8003,8003,800              a.  Compute the current and quick ratios for […]

Prepare Financial Statements from Adjusted Trial Balance Worksheet The 2012 year-end adjusted balances taken from the general ledger of Cooperstown Services, Inc. are listed below in general ledger order. Coopertown Suppliers, Inc. DRCRCash$12,950 Accounts receivable28,150 Supplies8,400 Prepaid insurance9,500 Land115,000 Buildings360,000 Equipment260,000 Accumulated depreciation $239,900Accounts payable 35,300Salaries payable 7,300Taxes payableCommon stock  5,20031,500Additional paid-in capital – CommonRetained earnings 15,400427,600Dividends25,400 Service revenue 475,000Salaries expense335,600 Depreciation expense25,100 Supplies expense12,950 Insurance expense8,200 Miscellaneous expense30,850 Utilities expense5,100 Total$1,237,200$1,237,200    Transfer these accounts and […]

Hello, I ran out of time and need some help with a network diagram.  I’ve attached the assignment and these are the only other directions given: The attached PDF describes the situation to be analyzed. Don’t go overboard on vendor specific details. If you need a switch,router, or access point, just say so – the […]

Essay Question:   How can Economic Value Added (EVA) statements be used to improve financial statement reporting, results, and success? What are some problems found with EVA?   Attached is the paper format   Write a paper of 500-700 words, typewritten in double-spaced format (Arial 12-point font or Times New Roman styles), page margins Top, […]

While information systems has one meaning, it can be used in different ways for companies to keep a competitive edge on the marketplace. Compare and Contrast two distinctly different organizations on how they use information systems in their organizations.Include in your post the following: Research the 4 competitive strategies and briefly describe them. From the 4 strategies, […]

Some individuals who are engaged in international business transactions have reported a cultural component to ethics. You are working on opening a branch of a food distribution operation in a foreign country, and a local official suggests that a little cash would help your company get started. Research international business and ethical standards, and answer the following […]

Assignment 3: Credit Card Liabilities and Fraud When a credit card is lost or stolen, it can be used until its owner reports it as missing. This loss of one’s credit card can result in fraud and therefore, being aware of the legalities that follow is important. This assignment addresses the legal ramifications. Consider the […]

Assignment 3: Credit Card Liabilities and Fraud When a credit card is lost or stolen, it can be used until its owner reports it as missing. This loss of one’s credit card can result in fraud and therefore, being aware of the legalities that follow is important. This assignment addresses the legal ramifications. Consider the […]

  For the assignments in this course, you will not be performing the IT governance plan implementation, but you will be developing a comprehensive IT Governance Policies and Procedures Plan. Your first task in this process will be to select an organization to use as the basis of your projects. You will also create the […]