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B&V Enterprises exchanged a used crane with an original cost of $200,000 and accumulated depreciation of $140,000 for a truck with a fair market value of $100,000. B&V also paid cash of $25,000. What amount of gain should B&V report on this transaction?
a company issued 5 20-year bonds with a face amount of 80 million. the market yield for bonds of similar risk and
fedex corporation is the worlds leading express-distribution company. in addition to the worlds largest fleet of
The company will acquire $5 million in new assets of which 35 percent will be financed by debt. What is the amount of external equity that must be issued?
Mark Trucks Limited has some idle capacity in its plant, which is restored by accepting order from other automobiles industries. The company has finished assembly of150 trucks against special order N, 13A from Western Motors Limited.
The actual sale was effected on December 15, 2011, at a price of $600,000. The book value of the division's assets was $1,000,000, resulting in a before-tax loss of $400,000 on the sale.
please these one cant figure out how to prepare journal entries for these please help me.
Explain what it does in your own words?
Assuming that all direct materials are placed in process at the beginning of production and that the first-in, first-out method of inventory costing is used, what is the total cost of the departmental work in process inventory at the end of the pe..
Finally, Giovanni estimates that he needs to withdraw $55,000 from the business (as dividends) to cover his own personal living expenses this year. Will Giovanni have enough cash to get through the year? What is his budgeted cash balance on Decemb..
what is the time value of money? why should accountants have an understanding of compound interest annuities and
Brooks can borrow $500,000 by issuing 5%, 10-year bonds at a price of 96. How much will Brooks actually receive in cash under this arrangement?
A company bought a new machine for $27,000 on January 1. The Machine is expected to last 10 years and have a residual value of $4,000. If the company uses the double-declining balance method, accumulated depreciation at the end of year 2 will be:
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