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Slimline and Distributor signed a contract which provided that Distributor would use reasonable efforts to promote and sell Slimline's diet drink. Slimline was already being sold in Warehouse Club. After the contract was signed, Distributor stopped conducting in-store demos of Slimline. It did not repackage the product as Slimline and Warehouse requested. Sales of Slimline continued to increase during the term of the contract. Slimline sued Distributor, alleging a violation of the agreement. Who should win?
Define a loss contingency and give two examples that almost always are accrued.
Equipment with a cost of $192,000 has an estimated salvage value of $18,000 and an estimated life of 4 years or 12,000 hours. It is to be depreciated by the straight-line method. What is the amount of depreciation for the first full year, during w..
at the close of its first year of operations december 31 2014 madeline company had accounts receivable of 1100000 after
petes pet products is a sole proprietorship owned by pete thompson. the store provides a full-line of pet products
Prepare a complete depreciation table under the straight line method. Assume that a full year depreciation was taken for 2015.
The equipment will provide cost savings of $7,300 and will be depreciated straight-line over its useful life with no salvage value. Cleaners, Inc. requires a 10% rate of return. What is the approximate net present value of this investment?
wenig inc. has some material that originally cost 73500. the material has a scrap value of 45600 as is but if reworked
on january1 2004 abc company purchased equipment for 98000. the equipment was assigned a 12-year life a 14000 residual
Face rate is 10 % and maeket rate 12%. What's the carrying value after the first interest payment is made on June 30? Also, if the bonds are retired on July 4, at a call price of 105, what's the gain or loss on the redemption?
question earnings per share. santana corporation has 400000 shares of common stock outstanding throughout 2010. in
on january 2 2011 potter company acquired 90 of the outstanding common stock of smiley company for 480000 cash. just
prepare an 8- to 10-slide microsoftreg powerpointreg presentation for the newly elected board members using the same
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