The paper should be one to two pages in length, single spaced, with one inch margins on all sides. Use 'headers' for sections such as Inventory and Accounts Receivable. You may have other sections as well. Double space between paragraphs. The paper is your opportunity to use accounting terms and concepts from our class and relate them to a company of interest to you. 1-2 page paper on NIKE SEC 10K report. Discussing items such revenue, receivables, etc. http://investors.nikeinc.com/files/doc_financials/AnnualReports/2011/index.html
Answer to relevant QuestionsOn August 1, 2010, Christy Co. treasurer signed a note promising to pay $121,500 on December 31, 2010. The proceeds of the note were $114,000.00rev: 05-10-201119.value:15.00 pointsYou did NOT receive full credit for this ...Question: Floyd, a cash basis taxpayer, sold land in which he had a basis of $10,000, for $100,000. He received $25,000 on January 1 of the year of the sale. On December 31 of the year after the sale he received a payment of ...You are very optimistic about the personal computer industry, so you buy 200 shares of Microtech Inc. at $45 per share. You are very pessimistic about the machine tool industry, so you sell short 300 shares of King Tools ...Garden variety flower shop uses 750 clay pots a month. the pots are purchased at $2 each. Annual carrying costs per pot are estimated to be 30 percent of cost, and ordering costs are $20 per order. The manager has been using ...Some of the account balances of Mali Company at December 31, 20x0 are shown below:6% Preferred Stock ($100 par, 2,000 shares authorized) ... $ 20,000PCIEP, Preferred .................. 3,000Common Stock ($10 ...
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