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Diamond Co. is considering investing in new equipment that will cost $900,000 with a 10-year useful life. The new equipment is expected to produce annual net income of $30,000 over its useful life. Depreciation expense, using the straight-line rate, is $90,000 per year. Instructions: Compute the cash payback period.
bradford company budgeted 4800 pounds of material costing 6.6 per pound to produce 2400 units. the company actually
the following budgeted cost information is for 2013 when revenue is expected to be 201600 direct materials nbsp nbsp
Calculate the inventory turnover ratio and days in inventory and calculate the current ratio based on LIFO inventory.
If he were to receive an equal salary at the end of each of the 5 years from 2009 to 2014, what would his equivalent annual salary be?
what type of account is treasury stock? what is its normal balance? where is it reported in the financial statements?
Coyle Corp. issued $10,000,000 par value 10% convertible bonds at 99. If the bonds had not been convertible, the company's investment banker estimates they would have been sold at 95. Expenses of issuing the bonds were $70,000.
the sarbanes-oxley act requires that all publicly traded companies maintain a system of internal controls. internal
disk city inc. is a retailer for digital video disks. the projected net income for the current year is 2380000 based on
xyz company purchased a new machine on january 1 2002 for 84000. the machine had a 5-year life and a 1000 salvage value
Explain the overall accounting cycle of an organization. Include a description of the people, processes, and systems that are integral to the cycle.
The accounting for bond premiums is not the mirror image of that for bond discounts.
The bonds without the warrants would normally sell at 95. On March 1, 2010, the fair market value of Ruiz's common stock was $40 per share and the fair market value of the warrants was $2.00. What amount should Ruiz record on March 1, 2010 as paid..
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