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Question - An organization is considering spending $225000 to automate a process step in their manufacturing facility. The investment is estimated to save for $40,000 in labor cost and body and the projected inflation rate discount rate for the insurance 10-year present period is expected to be 5% per annum. Calculate the net present value NPV for the proposed investment.
The partnership also assumed a $14,000 account payable owed to a Renfro supplier. Provide the journal entry for Renfro's contribution to the partnership
What is the total investment property that should be reported in the consolidated statement of the financial position of the parent and its subsidiaries
On 30 June 2017, Timon Ltd omits to process some items on the last day of the ?nancial year. Show general journal entry to record the overlooked items
What are the different ways to estimate bad debt? How does this affect net income? What does Generally Accepted Accounting Principles (GAAP) require? Why? Should all companies have bad debt? Explain your answer.
Actual direct materials purchased and used during the year cost RM1,386,000 for 277,200 kilograms. Compute direct materials price variance for Detech Company
Calculate the total manufacturing cost and the cost per unit for the month of August. Assume instead that Baja Industries applies manufacturing overhead on the basis of $40.00 per direct labor hours (rather than the ABC method). Calculate the total..
Last year, Kevin Smith purchased a $1000 corporate bond with an annual interest rate of 5.75%. Calculate the annual interest and the current yield
alma inc. has revenues of 750000 resulting in an operating income of 52500. average invested assets total 375000 the
Does a "clean" opinion from an Audit Firm guarantee that the financials are free of all errors? If not, what does it state?
honeybutter inc. manufactures a product that goes through two departments prior to completion- the mixing department
You are aware that X has accrued 25,000,000 for this investing, Prepare any necessary adjusting journal entries
Prepare the appropriate journal entries, if required, for the following items: Sold 250,000 shares common stock at $5 cash each, $.01 par value
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