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A company buys a machine for $60,000 that has an expected life of 9 years and no salvage value. The company anticipates a yearly net income of $2,850 after taxes of 30%, with the cash flows to be received evenly throughout of each year. What is the accounting rate of return?
when a company gives a cash refund on returned merchandise why doesnt it just reduce sales revenue instead of using a
Make sure to address the following: short-term viability, short-term growth, cash flow, working capital, efficiency, and liquidity.
find the interest paid on a loan of 2800 for two years at a simple interest rate of 11 per year.the interest on a loan
in this assignment you will use the internet and other sources to gather and interpret information related to service
fussner medical clinic measures its activity in terms of patient-visits. last month the budgeted level of activity was
data have been recorded for recently completed job 674 on its job cost sheet. direct materials cost was 2127. a total
kris inc discovered the followingerrors after the 2008 financial statements were issueda. a major supplier shipped
on march 20 terrells petty cash fund of 100 is replenished when the fund contains 7 in cash and receipts for postage 52
Of the following statements related to impairments of investments, which is correct?
Briefly explain the purposes of adjustments.
It is estimated that 4% of credit sales will be uncollectible. What adjusting entry will Manning Company make if the Allowance for Doubtful Accounts has a credit balance of $1,485 before adjustment?
Each project requires an investment of $620,000. Straight-line depreciation will be used, and no residual value is expected. The committee has selected a rate of 15% for purposes of the net present value analysis.
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