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Problem 1: Adacan Industries located in Saskatchewan has a workers' compensation premium rate of $1.76 per $100.00 of assessable payroll. The actual assessable payroll for the previous year consisted of: regular salaries and wages of $392,850.00, shift premiums of $24,270.00, call in pay of $13,750.00, vacation pay of $88,300.00 and taxable benefits of $15,830.00. Estimate the organization's assessment for this year.
Why do you think Rita Crunwell committed this crime? Explain your answer in detail (e.g., don't just say she was greedy and leave it at that.)
Landmark Coal operates a mine. During July, the company obtained 500 tons of ore, which yielded 250 pounds of gold and 62,500 pounds of copper. The joint cost related to the operation was $500,000. Gold sells for $325 per ounce and copper sells for $..
Compute the cost inventories of X, Y, and Z for balance sheet purposes and the cost of goods sold for income statement purposes as of December 31, 2017
Determine NPVs and IRRs for Mutually Exclusive Projects. Calculate the NPV and IRR for each type of truck, and decide which to recommend.
Explain diluted earnings per share. What is the formula for computing basic earnings per share? Explain the concept of dilution and antidilution.
A company has 360,000 shares authorized, 120,000 shares issued, and 80,000 shares outstanding. It declares cash dividends of $1 per share. How much cash will the company pay for dividends?
Which statements is not true about the times-interest-earned ratio? The smaller the times-interest-earned the lower the financial risk of the company
What are the differences in these deductions in terms of limitations and phase-outs? Why do these deductions have limitations and phase-outs?
Kleinfeld Manufacturing sponsors a defined-benefit pension plan. The corporation’s actuary provides the following information about the plan. Include in the worksheet the calculation of pension expense, prior service cost amortization, actual/expecte..
July 1 Purchased used truck for $9,000, paying $4,100 cash and the balance on account. Post the July transactions
Assume the interest rate is 10% for the first two years and 12% for the next two (years 3 and 4). What is your uncle's promise worth in today's dollars?
Explain the difference between declining balance method and double declining balance method. When we use half-year convention method.
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