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Question - MEGAWIDE purchased a machine for precast casting for P7,500,000 used it for 15 years and then sold it for P2,810,000. If capital is worth 20%, determine the annual cost of depreciation and interest using the following:
a. Sinking fund depreciation and interest on first cost
b. Straight-line depreciation plus average interest
what age is retirment if 6 growth rate future value 1 mil at 65yrs 35 periods on 45th birthday bring in 150000 check
Amy and Chris have three children and are unclear whether they can claim their children as dependents. Assume Amy and Chris
You've just been hired onto ABC Company as the corporate controller. ABC Company is a manufacturing firm that specializes in making cedar roofing and siding shingles. The company currently has annual sales of around $1.2 million, a 25% increase fr..
Your spouse owns 1000 shares in Martin Limited, Should you tell the partners of the accounting firm that your spouse own shares in this company? Why or why not?
When making business decisions of this sort, some factors are quantitative and some are not. What are some of the non-quantitative factors related to this case?
New equipment would cost $18,000 with annual operating costs of $1,500. The new machine has estimated useful life of five years. Prepare a differential analysis
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Assuming that the equipment had been sold on January 3 of Year 4 for $325,000instead of $300,000, journalize the entry to record the sale
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