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On January 1, 2013, Muoy Machining Co. purchased a compressor and related installation equipment for $72,500. The equipment had a three year estimated life with a $12,500 salvage value. Straight line depreciation was used. At the beginning of 2015, Muoy revised the expected life of the asset to four years rather than three years. The salvage value was revised to $2,500.Required:
Compute the depreciation expense for each of the four years.
suppose that a 1-day 97.5 var is estimated as 13 million from 2.000 observations. the observations on the 1-day changes
on december 312010 dow steel corporation had 600000 shares of common stock and 300000 shares of 8 noncumulative
division a manufactures electronic circuit boards. the boards can be sold either to division b of the same company or
Why is it important for business managers to have a basic understanding of the systems development process?
Lilly County, faced with the prospect of declining revenues, decides it can save money by doing allprinting in-house. ?he county creates the Lilly Printing Fund (an Internal Service Fund)
What is the proper adjusted cash balance per books and prepare the adjusting journal entries necessary to determine the adjusted cash balance per books.
in 2010 amirante corporation had pretax financial income of 168000 and taxable income of 120000. the difference is due
of the following temporary differences which one ordinarily creates a deferred tax asset?1. intangible drilling costs2.
What is the target cost for the new price if target operating income is 20% of sales. What is the change in operating income for the year if $18.00 is the new price and costs remain the same?
dampf inc. has provided the following data concerning its only product. selling price 200 per unit current sales 18800
gateway inc. sells computers computer products computer peripherals and computer accessories throughout the world. by
stromski corporation manufactures a single product. the standard cost per unit of product is shown below. direct
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