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Question 1: LINDT Corporation manufactures and sells electrical generators. On May 31, 2020, it sold an electrical generator costing ? 700,000 for ? 1,000,000. The buyer paid ?100,000 down and signed a ? 900,000 non-interest bearing note payable in three equal installments starting May 31, 2021. Assume the prevailing interest rate for a note of this type is 12%. The present value of an ordinary annuity of 1 for three periods is 2.4018. How much is the Unearned interest income on May 31,2020?
Long-term debt of $1,400, accounts receivable of $320, and total equity of $1,000. What is the common-size percentage of the accounts receivable?
$1 million is sold for $2 milion. The tax rate is 40%. What is the after-tax proceeds from sale of equipment added to the free cash flow in the year of the sale
Brass Co. reported income before income tax expense, What is the maximum income tax benefit that Brass can realize from the loss carry forward?
What is the net advantage or disadvantage of re-working the keyboards?- What amount of shipping department costs should be allocated to these sales.
Calculate the size of the equal payments that he deposited at the beginning of every 3 months. orey's retirement fund has an accumulated amount of $60,000.
Calculation of free cash flow for Cade. and How much cash did Cade pay to vendors for inventory during the period and How much cash did Cade pay in income taxes?
Why would the price-earnings ratio be higher for the software company? Why would the bank have dividend yield and the software company would not?
If all companies had an objective of maximizing shareholder wealth, would people overall tend to be better or worse off? What is purpose of financial markets
Find How much litigation liability the company should accrue, judgment costing any where from birr 80,000 to birr 120,000 but no specific amount is estimable.
question sports and surf label billabong has the hardest working brand in australia according to a new report on the
On January 1, 2015, Chad Corp. paid $275,000 for 25% of the voting common stock of Barton Co. On that date, the book value of Barton was $850,000. A building with a carrying value of $170,000 was actually worth $230,000. Prepare all of Chad's journal..
Every 6 months from a $45,000 fund that was growing at 6.60% compounded semi-annually. After how many withdrawals will this fund the depleted?
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