Vaughn Manufacturing assigned $1606000 of accounts receivable to Cullumber Company as security for a loan of $1342000. Cullumber charged a 3% commission on the amount of the loan; the interest rate on the note was 11%. During the first month, Vaughn collected $459000 on assigned accounts after deducting $1550 of discounts. Vaughn accepted returns worth $5300 and wrote off assigned accounts totaling $11880. Entries during the first month would include a
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Business, 21.06.2019 21:50, samchix727
You have $22,000 to invest in a stock portfolio. your choices are stock x with an expected return of 11 percent and stock y with an expected return of 13 percent. if your goal is to create a portfolio with an expected return of 11.74 percent, how much money will you invest in stock x? in stock y?
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Business, 22.06.2019 05:30, junior2461
Identify the three components of a family's culture and provide one example from your own experience
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Business, 22.06.2019 18:00, cj31150631
Interpreting the income tax expense footnote the income tax footnote to the financial statements of fedex corporation follows. the components of the provision for income taxes for the years ended may 31 were as follows: ($ millions) 2010 2009 2008 current provision domestic federal $ 36 $ (35) $ 514 state and local 54 18 74 foreign 207 214 242 297 197 830 deferred provisions (benefit) domestic federal 408 327 31 state and local 15 48 (2) foreign (10) 7 32 413 382 61 provision for income taxes $ 710 $ 579 $ 891 (a)what is the amount of income tax expense reported in fedex's 2010, 2009, and 2008 income statements?
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Vaughn Manufacturing assigned $1606000 of accounts receivable to Cullumber Company as security for a...
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