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XYZ limited acquired an item of plant at a cost of KSh. 5,000,000. The asset is expected to be used as follows;
Yr
Hrs.
1
18,000
2
15,000
3
12,000
4
10,000
Depreciation is charged using usage method.
Required :
Compute the depreciation.
A company has collected the following data from the purchase and use of heating fuel from its Business Statistics department for inventory management of the previous year: Date Amount purchased (liters) Purchase Price (EUR/liter) 12.1.2006 15000 0,80..
Shiras Distributing Company had the following account balances - the company completed the following summary transactions.
Capital balances in Midway Co. are Mirko $40,000, Neil $30,000, and Grillini $18,000. Mirko and Neil each agree to pay Grillini $12,000 from their personal assets. Mirko and Neil each receive 50% of Grillini's equity. The partners share income equ..
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Determine the basic EPS and the diluted EPS for Peak Performance
Calculate the current ratio and Does it appear likely that Mister Ribs will be able to pay its current liabilities as they come due in the next year?
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