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Problem
You have the option of selling a permanent conservation easement to the MN Board of Soil and Water Resources. Your land consists of tillable land that will be restored to wetlands and grassland once the easement is conveyed to the state. You will receive 15 annual payments of $150/acre/year (one immediately after conveying the easement; followed by 14 annual payments). One year after the last annual payment is made, you will receive a single payment of $750/acre. If the opportunity cost of your capital is 3.5%, calculate the per acre PV of this payment stream.
Prepare the general journal entries (bugetary and actual) to record the following transaction of the Quinones County General Fund
What are the effect of the sale and the payoff of the loan on the accounting equation, i.e. what are the increases and/or decreases in assets, liabilities, and owners' equity?
The problem belongs to Basic Accounting and it discusses about calculation of return on equity
on august 1 2010 sietens corporation had the following account balances raw material inventorydirect and indirect 72000
The variable costs are $33 per 6 hours rental, and its fixed costs are $80,000 each month. What is the contribution margin ratio
Record the disposal under the following assumptions, Ceda Co. has equipment that cost $79,000 and that has been depreciated
For normal distribution curve mean, median and mode coincide. Also every distribution is divided into two equal parts by its median, i.e. symmetric about median. Since for a normal distribution curve mean is same as median, the distribution is sym..
Price elasticity of demand is known to be -0.5, and the firm raises prices by 10 percent. This is an inelastic demand. If prices are raised by 10 percent then total revenue is raised. In an inelastic price demand prices and total revenue are propo..
jws transport companys employees earn vacation time at the rate of 1 hour per 40-hour work period. the vacation pay
The standard costs for a manufacturing business are £12 per unit for direct materials, What will the production budget show in costs for that period
Compute the total interest due for 2016. Prepare the journal entry to record the interest capitalization
Do you think it's possible for accountants to be viewed as a trusted advisor again? What will it take to get there?
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