accounting

Project Description:

exercise 4-9


presented below is information related to ivan calderon corp. for the year 2014.


net sales $1,382,000 write-off of inventory due to obsolescence $80,200
cost of goods sold 784,900 depreciation expense omitted by accident in 2013 44,000
selling expenses 73,000 casualty loss (extraordinary item) before taxes 56,700
administrative expenses 48,300 cash dividends declared 49,100
dividend revenue 23,100 retained earnings at december 31, 2013 982,500
interest revenue 7,100 effective tax rate of 34% on all items
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Price Type: Negotiable

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  • 4.8
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    290 Jobs 208 Reviews
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    95 Jobs 45 Reviews
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