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Question 1: Accompany is considering considering and investment proposal to purchase a machine costing rupees 250000 the machine has life expecting of 5 year and no salvage value the company's tax rate is 40000 the firm uses straight line method for providing depreciation a cash flow before tax after depreciation from the machines are as following year one sixty thousand year to 70003 90004 100005 150000 calculate payback period average rate of return and PV profitability index @ 10% discounted rate
Show how the Truck account and the related Accumulated Depreciation account would appear on the balance sheet on (a) December 31, 2000; (b) December 31, 2001.
As a recently hired accountant for a small business, SMC, Inc., you are provided with last year’s balance sheet, income statement, and post-closing trial balance to familiarize yourself with the business. Journalize and post-closing entries for 2016 ..
Prior to the financial meltdown that occurred around 2008, bond-rating agencies were accused of unethical behavior because they were paid by the organizations that they rated. Many of these companies would shop around for the agency that gave them th..
Prepare in general journal form the entry to record the interest payment on June and the original issuance of the convertible debentures.
What is a fair price for a share of Sega's stock today and what will the bond sell nominal YTM - what is your estimate of Stock Bs price
What is the correct tax treatment of startup expenditures?- John Dobson regarding the tax treatment of startup expenditures related to the opening of a new restaurant.
Parson Company acquired 80% of Sonyi Corporation’s common stock for $72,000 in cash on January 8, 2016. At that date, Sonyi had $38,000 of reported net assets. Calculate the total goodwill and its allocation to the controlling and noncontrolling inte..
When a retailer receives a vendor allowance ( incentive payment) from a vendor they have an agreement with, how does GAAP require you to do the accounting and when do you recognize the allowance? Also what would a journal entry look like for this?
Alpha has owned 100% of the share capital of Beta for many years. On 21 October 20x2, Alpha transferred a machine, purchased in June 20x0 for €100,000 to Beta for € 95,000. Both companies charge a full years’ s depreciation on all machinery owned at ..
1. below are comparative balance sheets and an income statement for claret corporation.all sales were made on account.
Developed a list of various types of assurance services that auditing firms might consider offering. Describe three of these assurance service
Identify three (3) profitability ratios that creditors may be interested in. Calculate the ratio for each company, and prepare a report to summarize your findings on the financial health of each company. Also, recommend to management the manner in wh..
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