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A company is considering purchasing a machine for $21,000. The machine will generate and after-tax net income of $2,000 per year. Annual depreciation expense would be $1,500. What is the approximate accounting rate of return?
Equipment acquired under capital leases and used by activities accounted for in governmental funds should be recorded in the governmental activities accounts at the inception of the lease at:
Explain the benefits of a stock dividend both to the coprporation issuing the dividend and to the shareholder receiving the dividend.
1.a company with a degree of operating leverage of 4 would expect net operating income to increase by 200 if sales
joanjim corporation was organized on january 1 2012. it is authorized to issue 20000 shares of 6 40 par value preferred
On October 8, Longhini returns defective goods with a selling price of $640 and a scrap value of $240. Record the transactions of Longhini Company, assuming a perpetual approach.
state the effect of each of the following transactions considered individually on cash flows sold equipment with a book
emergency calls to winter park floridas 911 system for the past 24 weeks are as followsa compute the exponentially
potential investments to accelerate profit abc company has the option to purchase additional equipment that will cost
Janice acquired an apartment building on June 4,2010, for $1.4 million. the value of the land is $200,000. Janice sold the apartment building on November 29, 2016. a. Determine Janice's cost recovery for 2010 b. Determine Janice's cost recovery for..
you have the following information for mchugh inc. for the month ended october 31 2010. mchugh uses a periodic method
bonnie and clyde are the only two shareholders in getaway corporation. bonnie owns 60 shares with a basis of 6000 and
Determine which regional managers should receive bonuses if bonuses are awarded to regional managers whose return on investment (ROI) exceeds 10%. Be sure to show all your work. (this company defines invested capital as total assets minus current ..
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