Nav is the net assets valuation which is the value of the total assets held in a portfolio.

The accountant of Omega Consulting failed to make an adjusting entry to record $6,000 for unearned service revenues that were earned before the end of the fiscal year. Assume the company initially recorded a liability.

Which of the following statements regarding tax credits is true? A. They are deductions that depend on the taxpayer's filing status, age, and vision and that can be claimed by a taxpayer whose total itemized deductions are small. B.

Ryerson Co. provides goods and services to customers during the year totaling $100,000. Also during the year, customers are granted discounts, returns, and allowance of $20,000.

Your firm has net income of $273 on total sales of $1,180. Costs are $660 and depreciation is $130. The tax rate is 30 percent. The firm does not have interest expenses. What is the operating cash flow

Shown below is a trial balance for novelty toys, inc., on december 31, after adjusting entries: novelty toys, inc.

Which of the following changes would represent an austerity measure? Choose one or more: A. a decrease in the number of public workers, to reduce government expenses B. an increase in the number of public workers, to reduce government expenses C.

A small business produces a single product and reports the following dа ta: Sales price $ 8.50 per unit Variable cost $ 5.

The lower the times interest earned ratio the more likely A) a business will need to borrow money B) a business will suffer a loss C) a default in payment will occur D) interest payments can be made

Corba Company is evaluating whether to replace an old machine with a new, more efficient machine. Corba purchased the old machine for $600,000, and there is $180,000 of accumulated depreciation recorded for the machine.

A girl is given $15 by her parents. She has two options of how to spend the money. She can either save the money for future purchases or she can start a lemonade stand on her driveway.