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BUS 402 Week 3 Discussion 1 and 2 BUS402 Week 3 Discussion 1 Buying an Existing Business Please respond to the following: From the e-Activity, discuss the best possible method for determining the value of the business you selected. Explain your rationale. Create a strategy for negotiating the purchase of the business you selected in the e-Activity. BUS402 Week 3 Discussion 2 Feasibility Analyses and Business Plans Please respond to the

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The Sales Returns and Allowances The Sales Returns and Allowances Question: The Sales Returns and AllowancesA) account is presented on the balance sheet as a deduction from Accounts Receivable.B) on the income statement as a deduction from Sales.C) on the income statement as an addition to Sales.D) on the balance sheet as a deduction from Capital.2. If a firm had sales of $50,000 during a period and sales returns and allowances of $4,000, it

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Business Assignment- Walters Company Walters Company is considering producing 120,000 pounds of paperclips and 140,000 pounds of staples each month from their current production of grade A and grade B wiring. The following are the expenditures to date:Jan. 1 $100,000 Bulk steel purchaseJan. 2 – Feb. 15 $150,000 Cost to melt steelFeb. 16 – Mar. 31 $200,000 Cost to mold steel into wires, polish wires andwrap around large boltsApril 1 $

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Business Assignment- Sylvia Case Taxation.Ensure you comply with the changed research directives shown before RC9.Deduction for Foreign TravelSylvia is a professor in business at the University of Hawaii. She went on sabbatical for an academic year to take courses in Chinese at National Taiwan University in Taipei, Taiwan, to expand her knowledge of international business and to conduct research. On weekends and during the three week winter brea

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ACC 690 Final Project ACC 690: Final Project Guidelines and Grading Guide: Consolidation Model Overview The final project for this course is the creation of an Excel spreadsheet model that shows the consolidation worksheet, intercompany elimination entries, other consolidation entries, and the final income statement and balance sheet for a sample parent and subsidiary company. The project is divided into three milestones, which will be submi

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Business Assignment- Financial statements Refer to the Intel Inc. 2012 financial statements and the accompanying notes to answer thefollowing questions. The 2012 financial statements of Intel can be accessed at:http://www.sec.gov/Archives/edgar/data/50863/000119312513065416/d424446d10k.htmModule 2Under Intel’s equity-based compensation plan, share options are granted annually to key managers and directors.1) How many options were granted

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Business Assignment- Taxable income Avis's taxable income for the year is $300,000 and Best's taxable income for the year is $425,000. For each of the scenarios provided, (a) state if a control group has been created and, if so, define the controlled and (b) compute the combined tax liability of the two corporations. Be sure to show your work in order to get full credit. Scenarios: Matthew, Kelly, and Tammy each own one-third of the stock of

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Business Assignment- Nkululekos company Nkululeko J. Ntshanga owns a manganese ore mining business in South Africa. He is interested in attracting additional investors to obtain financing for planned expansion. Some potential investors have expressed a concern that money is really being sought to address liquidity problems being faced by Nkululeko's company. To alleviate this concern Nkululeko provided the following complete list of assets an

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Integrating financial reports Integrating financial reports helps in the planning process of setting targets and following up on them ? Why integrate and name one or more goals in our passion for accounting.The Balance Sheet portrays the assets and liabilities at a single point in time? What takes place before and after that point in time?Fraud occurs when an employee abuses employer trust for personal gain? What can companies do to contain and

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Business Assignment- Reese Corporation Question: Problem #1 Reese Corporation Assume that the following was shown on the balance sheet related to property, plant and equipment on January 1, 2014: Total PPE: $29,347 Less: Accum. Depr. 17,588 $11,759 Also assume that a footnote says the following: “property, plant, and equipment is depreciated using the straight-line method.” Annual depreciation expense is approximately $1,8

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