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Kahnemann Kookies is evaluating the replacement of an old oven with a new, more energy efficient model. The old oven cost $50,000, is 5 years old and is being depreciated over a life of 10 years to a value of $0.00. The new oven costs $60,000 and will be depreciated over 5 years with no salvage value. Kahnemann uses straight line depreciation, its tax rate is 40%. If the old oven is sold for $10,000, compute the net cost of the new oven.
1) Define and discuss the definition of fraud, irregularities, and corruption, versus "errors" in your own words.
1.japan company produces lamps that require 2.25 standard hours per unit at an hourly rate of 15.00 per hour. if 7700
mickles ltd. uses a standard cost system. in june mickles direct labor efficiency variance was 1470 u and its direct
After describing my future business (custom made cabinetry and architectural woodwork), my accountant suggested I incorporate. I visited a SCORE Small Business Association counselor and he suggested a sole proprietorship.
1. which of the following is not a characteristic of a corporation? corporations are organized as a separate legal
derks co. is a merchandising business. the account balances for derks co. as of november 30 2012 unless otherwise
identify and discuss some of the conditions that may lead to an impairment of long-lived assets. how could these
campbell inc. is a small manufacturer that uses machine-hours as its activity base for assigning overhead costs to
Prepare a cash budget for June. Support your budget with a schedule of expected cash collections from sales and a schedule of expected cash disbursements for inventory purchases.
alan spalding is ceo of a large appliance wholesaler. alan is under pressure from wall street analysts to meet his
Property is to be leased for 15 years at an annual rental payment of $40,000 payable at the beginning of each year. The capitalization rate is 10 percent. What is the capitalized value of the lease?
1. a liquidity ratio measures thea.percentage of total financing provided by creditors.b.income or operating success of
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