BE 02.03 – Local Company & Missing Balance Sheet Amounts
Financial Accounting
Spiceland, Thomas, and Herrman
05th Edition and 06th Edition
Given balance sheet accounts… calculate the missing amounts.
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Given balance sheet accounts… calculate the missing amounts.
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Given transactions (truck, supplies, rent)… record each.
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Given a list of transactions… record each. (Music lessons, insurance, equipment, Note, etc.)
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Given a trial balance with incorrect inputs… use that information to prepare a properly formatted trial balance.
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Determine the market-to-book ratio of each company.
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Determine Chute’s interest coverage ratio given interest expense, the operating margin and total sales revenue.
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