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Question - GoPuff is interested in purchasing a new delivery vehicle so it can become a subcontractor with uber. The vehicle would cost $175,000 and generate delivery revenue of $35,000 for each of the next 6 years. If GoPuff purchases the vehicle, it will take a loan for $140,000. The terms of the loan stipulate that 5% annual interest would be charged and that the loan would be repaid in 6 equal end-of-year payments. At the end of the 6 years, the vehicle will have a salvage value of $15,000. The tax rate is 40%. Assuming that the vehicle is depreciated using MACRS (5-year property class) and that GoPuff uses an after-tax MARR of 10%, compute the PW and determine whether GoPuff should purchase the new business vehicle.
In the field of electronic engineering, why is engineering notation more common than scientific notation
You are to create and use a total of 2 different linked spreadsheets that use advanced spreadsheet features -relevant to your company.
A house worth $70,000 is purchased with a down payment of $20,000 and a mortgage amortized over 20 years. If the interest rate is 14% compounded semi- annually;
harist corporation sold 5000 units in may. sales were 400000 variable expenses were 240000 and fixed expenses were
P Corporation issued 120,000 shares of P10 par common stock with a fair value of P2,550,000, How much additional paid in capital is recorded by P
There are many types of business organizations. They may be service, merchandising, or a combination of these. How would the company's line of business affect the design of its accounting information system?
The Prepaid Rent account had a $5,400 debit, Prepare adjusting journal entries for the year ended (date of) December 31 for each of these separate situations.
(a) Prepare the entry to record the interest expense at April 1, 2015. Assume that interest payable was credited when the bonds were issued (round to nearest dollar).
suggest how your organizations business strategies processes and culture are aligned with its ais. recommend two types
Computing Goodwill and Patents Taste-T Company has been in business for 30 years and has developed a large group of loyal restaurant customers.
Why might the company use different costing systems, with different overhead rates, for standard and specialized policies?
Assume IFRS16/AASB16 is effective 1 January 2019. Discuss the ethical issues and accounting issues which face the financial controller in the situation above
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