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Footings for a structure are to be built beneath a basement slab on a clay at a depth of 20 ft. below present ground level. Representative consolidation tests on the soil produce a 0.043 slope of recompression curve. The groundwater table is 15 ft. below the ground surface. The soil has a unt weight of 120 pcf. The soil-void ratio is about 0.87. If the average bearing pressure on the footings is 2,600 psf., estimate the settlement of 10 ft. and 5 ft. square footings. Also , what is the factor of safety for the footings against bearing failure if the clay soil has an unconfined compressive strength of 3,600 psf? The back of the book says that for a 5 ft. footing, the estimated settlement= 1.72 in. And for a 10ft. footing, the estimated settlement= 2.42 in. Also it says the Factor of Safety at least for the 5 t. footing is FS=5.554. I need to be able to show step by step solution.
Jerry transfers two assets to a corporation as part of a Sec. 351 exchange. The first asset has an adjusted basis of $70,000 and a FMV of $50,000. The second asset has an adjusted basis of $70,000 and a FMV of $150,000. The FMV of the stock receiv..
software associates software associate sa is a computer software consulting firm that specializes in designing and
The department actually completed 5000 hours of production. Determine the budget for the department assuming that it uses flexible budgetting.
Litten Corporation's most recent income statement appears below: gross margin percentage. The gross margin percentage is closest to:
corp. the carrying values for renns assets and liabilities on june 1 followcash 168000accounts receivable
Logan Appliances purchased $8,000 of merchandise, 2/10, n/30, FOB shipping point. The seller prepaid the shipping charges of $200. If Logan pays for this merchandise within the discount period, how much should Logan remit to the seller?
Armando contributed some inventory from his sole proprietorship to a public charity for its use. On the date of the contribution, Armando's basis in the inventory $2,000 and the fair market value was $5,000.
Prepare the journal entries to: (a) Issue $100,000 bonds which sold for $94,000. (b) Issue $100,000 bonds which sold for $104,000.
varilux manufactures a single product and sells it for 10 per unit. at the beginning of the year there were 1000 units
We expect that we can receive annual incremental income after taxes of $15,000 which includes an adjustment for uncollectible accounts. What is the maximum commitment to A/R we should be willing to assume if our firm's minimum required after-tax r..
explain the benefit of the effective interest amortization method and indicate how such a table will be set up with all
Distinguish between the two categories of adjusting entries, and identify the types of adjustments applicable to each category.
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