Tadeo Corp. has provided a part of its budget for the second quarter: Apr May Jun Cash collections $ 43 comma 000 $ 43 comma 000 $ 40 comma 000 Cash payments: Purchases of direct materials 6 comma 000 7 comma 200 6 comma 000 Operating expenses 7 comma 200 7 comma 000 7 comma 200 Capital expenditures 4 comma 600 4 comma 000 10 comma 000 The cash balance on April 1 is $ 12 comma 000. Assume that there will be no financing transactions or costs during the quarter. Calculate the projected cash balance at the end of May. A. $ 18 comma 200 B. $ 55 comma 000 C. $ 62 comma 000 D. $ 80 comma 200 g

Which is not an example of a cyclical company? a) airlines b) hotel industry c) medical d) theme parks

Eliminating entries (including goodwill impairment) and worksheets for various years on january 1, 2013, porter company purchased an 80% interest in the capital stock of salem company for$850,000. at that time, salem company had capital stock of $550,000 and retained earnings of $80,000.differences between the fair value and the book value of the identifiable assets of salem company were asfollows: fair value in excess of book valueequipment$130,000land65,000inventory40,000the book values of all other assets and liabilities of salem company were equal to their fair values onjanuary 1, 2013. the equipment had a remaining life of five years on january 1, 2013. the inventory was sold in2013.salem company’s net income and dividends declared in 2013 and 2014 were as follows: year 2013 net income of $100,000; dividends declared of $25,000year 2014 net income of $110,000; dividends declared of $35,000required: a.prepare a computation and allocation schedule for the difference between book value of equity acquired andthe value implied by the purchase price.b.present the eliminating/adjusting entries needed on the consolidated worksheet for the year endeddecember 31, 2013. (it is not necessary to prepare the worksheet.)lo6lo1

Atax on the sellers of coffee will a. increase the price of coffee paid by buyers, increase the effective price of coffee received by sellers, and increase the equilibrium quantity of coffee. b. increase the price of coffee paid by buyers, increase the e ffective price of coffee received by sellers, and decrease the equilibrium quantity of coffee. c. increase the price of coffee paid by buyers, decrease the effective price of coffee received by sellers, and increase the equilibrium quantity of coffee. d. increa se the price of coffee paid by buyers, decrease the effective price of coffee received by sellers, and decrease the equilibrium quantity of coffee.