On July 15, 2011, M.W. Morgan Distribution sold land for $35 million that it had purchased in
Question:
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (12 reviews)
in millions Cash 35 Gain on sale of land difference 13 Land cost 22 Morgan would report t...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Intermediate Accounting
ISBN: 978-0077400163
6th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
Question Posted:
Students also viewed these Managerial Accounting questions
-
On July 15, 2018, M.W. Morgan Distribution sold land for $35 million that it had purchased in 2013 for $22 million. What would be the amount(s) related to the sale that Morgan would report in its...
-
The statement of cash flows for the year ended December 31, 2013, for Bronco Metals is presented below. Required: Prepare the statement of cash flows assuming that Bronco prepares its financial...
-
M1 is a way to measure... a) the level of bank reserves b) a country's money supply c) the level of savings in a country d) a country's economic potential
-
The following income statement was prepared for Ludlum, Clancy, Follet & Associates, a partnership comprised of four partners who share income equally. The adjusted cost base to Mr. Clancy of his...
-
You contact a random sample of 36 graduates of Western University and learn that their starting salaries averaged $28,000 last year. You then contact a random sample of 40 graduates from Eastern...
-
The CBS News station in New York City often obtains opinions by interviewing neighbors of a person who is the focus of a news story. Identify which of these types of sampling is used: random,...
-
The records of Stone Inc. reflect the following data: Work in process, beginning of month4,000 units one-fourth completed at a cost of $2,500 for materials, $1,400 for labor, and $1,800 for overhead....
-
Canara Bank sells a 1 4 FRA on April 1 with a principal amount of INR 5 million at an AR of 8%. The RR on the FRA is the MIBOR, and the cost of the loan is MIBOR + 100. On the settlement date, which...
-
A researcher wishes to see if the variance of the areas in square miles for counties in Indiana is less than the variance of the areas for counties in Iowa. A random sample of counties is selected,...
-
On January 1, 2011, the Merit Group issued to its bank a $41 million, five-year installment note to be paid in five equal payments at the end of each year. Installment payments of $10 million...
-
Carter Containers sold marketable securities, land, and common stock for $30 million, $15 million, and $40 million, respectively. Carter also purchased treasury stock, equipment, and a patent for $21...
-
Explain why no work is done on a planet as it moves in a circular orbit around the Sun, even though a gravitational force is acting on the planet. What is the net work done on a planet during each...
-
Facts of the case study: "Beer Mania" is a chain of upscale beer tasting bars solely owned by Imran and based in Costa Rica. Each bar provides customers with an opportunity to sample selected...
-
A basic introduction/definition of e-business, mobile technology, and social networking, along with examples of each. What are the strategic importance of engaging potential customers and strategies...
-
Rephrase the Paragraph : For teaching sentence construction to second graders, I will utilize visual aids such as pictures or illustrations to help students understand the basic components of a...
-
Find a marketing stimulus (e.g., TV commercial, print advertisement, social media ad) that you find has not been getting as much attention as it could and 1. Describe the stimulus; 2. Provide...
-
Create or Write a 1,000 word essay regarding a favorite planet from science fiction and discuss scientific realism. make sure not use any AI in the write up and it cannot be plagiarised.
-
What would happen in the ADC of Problem 11-24 if an analog voltage of V A = 10.853 V were applied to the input? What waveform would appear at the D/A output? Incorporate the necessary logic in this...
-
In Problem 8.43, determine the smallest value of for which the rod will not fall out of the pipe. IA -3 in.-
-
Why is it important for managers and organizations to behave ethically?
-
The Lock horns are planning for a retirement home. They estimate they will need $160,000, 4 years from now to purchase this home. Assuming an interest rate of 10%, what amount must be deposited at...
-
Assume the same situation as in Question 11, except that the four equal amounts are deposited at the beginning of the period rather than at the end. In this case, what amount must be deposited at the...
-
Assume the same situation as in Question 11, except that the four equal amounts are deposited at the beginning of the period rather than at the end. In this case, what amount must be deposited at the...
-
How can a leader effectively traverse the intricate landscape of organizational dynamics to cultivate an environment characterized by innovation and adaptability?
-
Describe the purpose and explain the elements of each financial statement. Accounting standards for accountants in Canada.
-
The Moon's mass is 7.34 x 10^22 kg, and it is 3.8 x 10^5 km away from Earth. Earth's mass is 5.97 x 10^24 kg. Calculate the gravitational force of attraction between Earth and the Moon. (8pts)
Study smarter with the SolutionInn App