Maurice Tutor

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 6 Days Ago
Questions Answered: 66690
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 06 Apr 2018 My Price 8.00

Sterns Audio Book Rental Corp

Income Statement, Statement of Retained Earnings, and Balance Sheet The following list, in alphabetical order, shows the various items that regularly appear on the financial statements of Sterns Audio Book Rental Corp. The amounts shown for balance sheet items are balances as of December 31, 2008 (with the exception of retained earnings, which is the balance on January 1, 2008); and the amounts shown for income statement items are balances for the year ended December 31, 2008

Required

1. Prepare an income statement for the year ended December 31, 2008.

2. Prepare a statement of retained earnings for the year ended December 31, 2008.

3. Prepare a balance sheet at December 31, 2008.

4. You have $1,000 to invest. On the basis of the statements you prepared, would you use it to buy stock in this company? Explain. What other information would you want before deciding?

 

Answers

Maurice Tutor
(5)
Status NEW Posted 06 Apr 2018 03:04 PM My Price 8.00

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