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Problem 1: laser Renew Inc. purchases a new machine for $96000 on January 1,2017. Its predicted the full life is 5 years or 100000 units with a residual of $8000. In 2017, 10000 units were produced. calculate the book value of the machine on December 31st,2017 assuming All 3 methods.
Problem 2: Assume the machine was purchased on march 31st,2017, compute the partial depreciation using half-year convention and nearest month.
When doing a horizontal analysis and when asked to pick a trend, how do you pick a trend and how do you explain it?The response paper should be in APA format.
How long does Alice need to wait until she has saved $25 000? Alice has $5 000 now. She wants to save $25 000 to buy her first car. She decides to put
Evaluate the economic order quantity for the spice in terms of 10 pound bags and If the company works 250 days per year, on average how many bags of spice are used per working day?
Arrow Construction Company entered into a three-year construction contract to build a bridge
SPA Corporation’s books, which are maintained using the accrual method, show the following income and expense items for the 2011 tax year: Find out the corporation’s charitable contribution carryover (if any).
Below is an alphabetical listing of all of the accounts for T.O.'s Dance Studio on 12/31/14. Assume all adjustments have been made and all balances are "normal". Prepare closing entries for T.O.’s Dance Studio. Prepare the post-closing trial balance ..
question this data relates to the cash account in the ledger of hawkins company.balance september 1-16400 cash
Company uses straight-line depreciation to a zero book value over the life of the project. The tax rate is 35%. What is the operating cash flow for this project
Accounts receivable are currently $525,000 and are expected to increase by 9 percent if this project is accepted. What is the project's initial cash flow for net working capital?
Sydney Mira provides two financial services through separate operating divisions (Q1 and Q2). These two operating divisions require the services of three internal service departments (S1, S2, and S3). calculate the costs of S1, S2, and S3 that are al..
There are certain problems in the evaluation of foreign financial statements that restricts the smooth running of business operations. The accessibility of data is a major challenge where financial information difficult in many countries. Do you thin..
What is the all-in-cost (i.e., the internal rate of return) of the York loan including the LIBOR rate, fixed spread and upfront fee - What portion of the cost
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