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Posted: March 17th, 2023

Days Cash on Hand Assignment

The Old Professor Publishing Company

Statement of Operations

What Citation Styles Can You Use for My Essay?

Students often ask, “Can you write my essay in APA or MLA?”—and the answer’s a big yes! Our writers are experts in every style imaginable: APA, MLA, Chicago, Harvard, you name it. Just tell us what you need, and we’ll deliver a perfectly formatted paper that matches your requirements, hassle-free.

Year Ending December 31, 2017

(in thousands)

Revenue:
Original Publications $28,500
Duplicate Prints 6,000
Citations/Royalties 3,500
Total Revenue $36,000
Expenses:
Salaries $11,000
Printing Materials 4,000
Uncollectables 175
Machine Maintenance 2,500
Depreciation 250
Total Expenses $15,750
Net Income $20,250
Net Assets (beginning yr.) $700
Net Assets/Equity (end yr.) $20,950

The Old Professor Publishing Company

Balance Sheet

Is It Legal to Use Your Writing Service?

Absolutely, it’s 100% legal! Our service provides sample essays and papers to guide your own work—think of it as a study tool. Used responsibly, it’s a legit way to improve your skills, understand tough topics, and boost your grades, all while staying within academic rules.

Year Ending December 31, 2017

(in thousands)

Assets:
Cash and Cash Equivalents $10,000
Printed Copies (Extras) 9,000
Supplies 400
Total Current Assets $19,400
Net Property and Equipment $7,750
Total Assets $27,150
Liabilities and Net Assets:
Accounts Payable $2,000
Accrued Expenses 800
Current Debt Portion 150
Total Current Liabilities $2,950
Long-term Debt $3,000
Total Liabilities $5,950
Net Assets/Equity (end yr.) $21,200
Total Liabilities and Net Assets $27,150

Referencing ‘The Old Professor Publishing Company’ financial statements, calculate the DCOH. Get Finance homework help today

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