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Disposal of Fixed Asset
Perfect Auto Rentals sold one of its cars on January 1, 2013. Perfect had acquired the car on January 1, 2011, for $23,400. At acquisition Perfect assumed that the car would have an estimated life of 3 years and a residual value of $3,000. Assume that Perfect has recorded straight-line depreciation expense for 2011 and 2012.
using headings of assets liabilities owners equity netincome show the affect if any from the transactions
Calculate the IRR and NPV of this project utilizing a 12% discount rate and a 15% cap rate. Ms. Brown was able to secure a loan for $1,540,000, and an equity investor agreed to invest the remaining $660,000 in exchange for 20% ownership in the pro..
the production department in a process manufacturing system completed 80000 units of product and transferred them to
illinois wholesale company has an agreement with it sales manager entitling that individual to 7 of company earning as
marc price co. uses the gross profit method to estimateinventory for monthly reporting purposes. presented below
Depreciation for the first 9 months of 2010 is $6,000. Prepare the journal entries to (a) update depreciation to September 30, 2010 and (b) record the sale of the equipment.
friedmans inc is a leading fine jewellery retailer.in nov 04 the firm said that it might default on certain of
describe the schedule of cost of goods manufactured. how does it tie into the income statement? explain. give examples
Using the following table, calculate the SLE, ARO, and ALE for each threat category listed
1.adidas issued 10-year 11 bonds with a par value of 170000. interest is paid semiannually. the market rate on the
Prepare the 2014 income statement starting with the line Income from Continuing Operations Before Tax. Use neat format and show each necessary step. Present the earnings per share data at the end ( Round to two decimal places).
apple apla is piling up boatloads of cash just not here in the u.s.a.those boatloads are increasing becoming docked in
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