Question 23
Ames Company reported 2012 net income of $ 159,290 . During 2012 , accounts receivable increased by $ 15,630 and accounts payable increased by $ 9,930 .
Question 24
Martinez Corporation engaged in the following cash transactions during 2012 .
Sale of land and building $ 191,970 Purchase of treasury stock 45,020 Question 25
Martinez Corporation engaged in the following cash transactions during 2012 .
Sale of land and building $ 184,990 Purchase of treasury stock 42,320 Purchase of land 46,050 Question 26
A comparative balance sheet for Orozco Corporation is presented below .
Question 27
Chris Spear invested $ 11,999 today in a fund that earns 12 % compounded annually . To what amount will the investment grow in 3 years ? To what amount would the