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Sulu Inc. has provided the following data to be used in evaluating a proposed investment project (assume that straight line method of depreciation is used, and the same method is used for tax purposes):
Initial investment P880,000Annual cash receipts P660,000Annual cash expenses P330,000Useful life 8 yearsSalvage value P80,000Tax rate 30%Discount rate 12%
Required:
Problem 1: Compute for the net present value.
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frieden companys contribution format income statement for the most recent month is given belowsales 40000 units . . . .
Peterson Corporation acquired 70 percent of the outstanding voting stock of Smith Corporation for $91,000 cash on January 1, 2011, when Smith's stockholders' equity was $130,000. All the assets and liabilities of Smith were stated at fair values (..
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Actual factory overhead amounts to P80,000. How much is the Company's Cost of goods sold adjusted assuming over or under applied is closed to COGS?
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