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Brewer Company is considering purchasing a machine that would cost $645,750 and have a useful life of 10 years. The machine would reduce cash operating costs by $86,100 per year. The machine would have a salvage value of $107,150 at the end of the project. (Ignore income taxes.)
Compute the simple rate of return for the machine. (Round your answer to 2 decimal places. Omit the "%" sign in your response.)
the brisbane manufacturing company produces a single model of a cd player. each player is sold for 188 with a resulting
Why would you use the percentage of sales method for calculating doubtful accounts as opposed to the percentage of receivables method? Is it appropriate to use a hybrid of the percentage of sales and the percentage of receivables methods of calcul..
1.the fixed overhead cost variance can be further subdivided into thea.price variance and the efficiency
rate of return comparison of different companiesthe following data show five items from the financial statements of
Why do you think it is important for clients of accounting firms to be ethical? How could a corporation integrate ethical behavior into its code of conduct and internal controls?
Joan Reed exchanged commercial real estate that she owned for other commercial real estate plus cash of $50,000. The following additional information pertains to this transaction.
steven farrow is considering opening a franchise liquor store next to a new retail shopping center based on historical
Three accountants started talking about hospitals. One said he was treated at a not-for-profit hospital, another said she was treated at a county hospital,
Identify and explain 5 characteristics that may increase the possibility that financial statement fraud will occur in a company. Use examples to explain the company characteristics.
Mary Kate owns a building that she leases to an individual who operates a grocery store. Rent income is $10,000 and rental expenses are $6,000. On what form 1040 schedule or schedules are the income and expenses reported?
1. assume the following the real risk-free rate r is expected to remain constant at 3. inflation is expected to
There was no units in process at the beginning or at the end of the month , and 20,000 units were completed. Determine the unit cost for the month for materials, labor, and factory overhead.
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