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Question: Burlington Northern is considering the elimination of a railroad grade crossing by constructing a dual-track overpass. The railroad subcontracts for maintenance of its crossing gates at $11,500 per year. Beginning 3 years from now, however, the costs are expected to increase by 10% per year into the foreseeable future (that is, $12,650 in year 3, $13,915 in year 4, etc.) If the railroad uses a 10-year study period and an interest rate of 15% per year, how much could the railroad afford to spend now on the overpass in lieu of the maintenance contracts?
Prepare journal entries to record the above merchandising transactions of Blink Company, which applies the perpetual inventory system.
pooria corp just completed another successful year as indicated by the following income.nbspnbspnbspnbspnbsp for the
discuss how a classified balance sheet differs from an unclassified balance sheet? list the order of the usual
On February 10, 2014, finance. yahoo. com bonds quoted a bond price of 140.2 for Ford Motor Company's 9.3 percent bonds maturing on March 1, 2030. Were the bonds listed at a discount or premium? Does this mean the market interest rate for comparable ..
Complete the following statements regarding the treatment of the hobby activities
Please advise a memo advising the investors of the tax implications of issuing additional shares of stock
Make the adjusting entry to accrue interest expense at December 31, 2012. Date the entry and include its explanation - post to the T-accounts of the two accounts affected by the adjustment.
Prepare the cost of goods manufactured schedule for the month of April - Fishel Manufacturing Company
Assume further that the FICA tax rate was 7.5% (on earnings up to $100,000) and federal income tax to be withheld was $235. Determine the gross pay for the week.
your organization is in the software industry and creates a software product for library textbooks and assets which is
1.the creation of s corporation as an alternative available for business organization created a variety of
In its 2013 income statement, Jacobsen would report income from continuing operations of: A) $640,000 B) $324,000 C) $384,000 D) $516,000
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