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Beacon company is considering two different, mutually exclusive capital expenditure proposals. project a will cost $400,000, has an expected useful life of 10 years, a salvage value of zero, and is expected to increase net annual cash flows by $70,000. project b will cost $280,000, has an expecteed useful life of 10 years, a salvage value of zero, and is expected to increase net annual cash flows by $50,000. a discount rate of 9% is appropriate for both projects. compute the net present value and profitability index of each project. which project should be accepted?
at december 31 2013 for the microchip company for each of the following situations assume that no financial statements
reid shaw company produces one product a putter called go-putter. shaw uses a standard cost system and determines that
What is the adjusted balance on the bank reconciliation? Journalize any necessary entries for ABC, Inc. based on the bank reconciliation.
assume that the accountant preparing the consolidation worksheet has chosen to make the optional accumulated
a retail company has two departments indoor and outdoor. the companys most recent monthly contribution format income
assume the indirect method is used to compute net cash flows from operating activities. for this item extracted from
bowser products operates a small plant in new mexico that produces dog food in batches of 1500 pounds. the product
Following is a list of various costs incurred in producing frozen pizzas. With respect to the production and sale of frozen pizzas, classify each cost as either variable, fixed, or mixed.
products alpha and beta are joint products. the joint production cost of the products is 800. alpha has a market value
Cash Basic 10000 FMV 10000 Unrealized receivable Basic 0 FmV10000 Inventory Basic 25000 FMV 30000 A partner has a 20% interest with a basis of $6,000 in XYZ before receiving a liquidating distribution of $10,000 cash. XYZ Partnership has no liabiliti..
revenue estimates are sometimes at the mercy of the administrative process. suppose you are developing estimates of
an employee earns 18 per hour and 1 12 times that rate for all hours worked in excess of 40 hours per week. assume that
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