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Calculation of terminal flow.
On June 30 1997, post sold for $230.000 a machine acquired in 1994 for $ 420.000. The accumulated depreciation for this machine was $216.000 at December 31, 1995, and the original estimated salvage value was $60,000. How much gain or loss on the disposal should post record in 1997?
Prepare a consolidated income statement for Chee Co. for the year ended December 31, 20X8. Be sure to show your supporting calculations.
Calculate the contribution per CD unit, break-even volume in CD units and dollars, net profit if 1 million CDs are sold and necessary CD unit volume to achieve a $200,000 profit.
To lower the value of its stock, Ostrich distributes $4 million cash to Daisy (sufficient E & P exists to cover the distribution). At a later date, Daisy sells Ostrich for $26 million. Illustrate what are the tax consequences to Daisy on the sale?
Calculation of Over heads to be assigned to a unit of output - what amount of overhead will be assigned to a unit of output which requires 0.5 machine hours and 0.25 labor hours to complete?
What caused existing cost system to fail in the 1980's? What symptoms and evidence indicate cost system failure?
Moxley Company prepares financial statements annually. During the year the following selected transactions occurred.
Research and record your findings (in less than 100 words) on how a rise and fall cost adjustment is made and under what circumstances. Give an example of a rise and fall calculation.
finding the equivalent units for materials and conversion.bell computers ltd. located in liverpool england assembles a
Regular savings accounts are insured by the FDIC up to 250,000 just recently. Does it make these accounts safer and If these accounts are safe what is the drawback?
The average remaining service period for the employees expected to receive benefits is 10 years. What is amount of amortization to pension expense for the year?
Preparation of Cash Budget and interpreting the cash position of the company
Calculate the ratios from General Electric (GE) Form 10-K or annual report and calculate the ratios. I do not have the 10-K form, because it is 200 plus pages. It will be too big to scan. Please use Yahoo Finance to find it.
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