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Problem 1: An asset with its purchasing price of Rs. 530,000 was imported from its manufacturing place holding Rs. 80,000 as carrying cost. Installation charges for that asset are Rs, 27,500. Tax paid to the government is 30% of its total cost till it gets ready and useful for business operations. Manager's fee was also paid of Rs. 30,000. Annuity value for one rupee is 0.3178. Interest rate was given at 8%. Depreciate the asset for 5 years using SLM annuity method.
Compare and Contrast (Technical vs Fundamental Analysis) with empirical evidence? Clearly demonstrate and interpret how the results
Star Studios is looking to purchase a new building for its upcoming film productions. The company finds a suitable location that has a list price of $1,540,000. The seller gives Star Studios the following purchase Which option is the lowest-cost alte..
Sam can earn 10% annually on his investments, how much must he invest at the end of each of the next 10 years to be able to buy his dream home when he retires.
What The present value of the machine costs is? A machine costs $20,000 today, and has annual operating costs of $4,000 in each of the next four years.
The equipment was sold at the price of $750 000. Show in the general journal the record of sale and an entry recognizing the expense of the machine sold.
Impact of change in credit policy on the debt ratio - what will Collins' debt ratio be after the change in DSO is reflected in the balance sheet?
Determine amount for the cost of sales in the statement of profit or loss and other comprehensive income for the year ended 28 february 20.8 will be
Post the journal entries from the General Journal to the Excel spreadsheet of T-accounts in this file. All necessary T-accounts have been provided.
An amount of $2000 earns $400 interest in 3 years and 2 months. What is the effective annual rate of interest compounds monthly
What are the turnover ratios and days' sales outstanding(DSO) use 365 days for calculation
On February 1, 2020, was the Swiss franc selling at a discount or at a premium in the three-month forward market
Journalizing purchase and sale transactions. Accounting for inventory using the perpetual inventory system-FIFO, LIFO. Accounting for inventory using the perpetual inventory system - LIFO.
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