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Many car dealerships advertise that they will finance your purchase at low interest rate or you can take advantage of an instant manufacturers rebate. Assume you are in this dilemma, you found the perfect car for $20,000. You have a plan to pay off the debt in 5 years making monthly payments. You can take advantage of the dealers offer and finance the car at 1.9% or you can take advantage of the $2,500 rebate and finance the car at the going interest rate of 4.5%. Which is the better offer and why?
John sues ivan in a state court, seeking damages for breach of contract to sell a tennis raquet. the trial court finds for ivan. john announces that he will appeal 'all the way to the supreme court of the united states, if necessary, to change the de..
breach of contract - remedy to injured party.you are an associate in the law firm of moose and squirrel llc. one of the
Discuss the differences in the amounts shown in the financial statements for the items Land
Management of Tinker Inc. asks your help in determining the comparative effects of the FIFO and LIFO inventory cost flow methods. For 2014, the accounting records show these data. Prepare comparative condensed income statements for 2014 under FIFO an..
Which will be included in the financing activities section of a direct method statement of cash? flow?
The procedures used for over-the-counter receipts are as follows. At the close of each day's business, the sales clerks count the cash in their respective cash drawers, after which they determine the amount recorded by the cash register and prepare t..
The Blue Lagoon is considering a project with a five-year life. The project requires $110,000 of fixed assets that are classified as five-year property for MACRS. Variable costs equal 71 percent of sales, fixed costs are $9,600, and the tax rate is 3..
Make a Flexible Budgeted Income Statement using variable costing
fitzgerald company wrote checks adding 17080 during october and 18650 through november. 16240 of these checks cleared
Prepare the adjusting entry recorded on December 31, 2010. Prepare the entry recorded on February 1, 2011. Prepare the entry recorded on August 31, 2011.
At the exchange date, Stone general stock had a fair value of $45 per share, and the patent had a net carrying value of $160,000 on Gore's books.
Adjustment for Supplies Answer each of the following independent questions concerning supplies and the adjustment for supplies. a. The balance in the supplies account, before adjustment at the end of the year, is $4,260. What is the amount of the adj..
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