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Easy-going company acquired some Plant at a cost of $1.5million. As at 30 June 2014 the plant had accumulated depreciation of $250 000. On 30 June 2014 it was determined that the plant could be sold for a price of $800 000 and the costs associated with making the sale would be $40 000. The value in use is 738,000.
Required:
Determine whether an impairment loss needs to be recognized in relation to the machinery and, if so, provide the appropriate journal entry.
Note: Provide all the calculations/working out.
If this amount increased by 8 percent a year, what would be the amount per capita spending for health care in 12 years?
A firm has a capital structure which consists of 30% debt and 70% equity. The before-tax cost of debt is 10% and the cost of equity is 15%. Find the weighted average cost of capital (WACC) if the firm's tax rate is 34%.
Comment on the ethics and business proposition of the following referral arrangement? During our discussions "Prospecting
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A customer can deposit $1000 in an investment earning an APR of 20% with quarterly compounding, or an investment earning an APR of 21% with annual compounding.
What equal monthly deposit should be made into this annuity in order to have $71,000 in 14 ?years?
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Below are the external transactions for Shockers Incorporated.
at the end of october the first month of operations the following selected data were taken from the financial
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What is Microsoft's expected return given the beta computed in part a?
If you had the opportunity to prepare and deliver this message again, what would you do differently to improve your presentation?
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