User Account

All Pages

How much should fishbone record as the cost of the machine

Assignment Help Accounting Basics
Reference no: EM131783737

Question - Fishbone Corporation bought a new machine and agreed to pay for it in equal annual installments of $4,000 at the end of each of the next 10 years. Assuming that a prevailing interest rate of 8% applies to this contract, how much should Fishbone record as the cost of the machine?

Reference no: EM131783737

Questions Cloud

How much loss would company recognize on income statement : Annual fixed costs are $24,000. If Ramble sells 10 units less than breakeven, how much loss would the company recognize on its income statement?
Demonstrate the gauss elimination method : Determine the equation of motion for the system shown in Figure and show that its characteristic equation is (for equal ks and ms)
What type of fraud is jill committing : What could the florist do to prevent this type of fraud from occurring, What type of fraud is Jill committing
Projects by using the npv decision rule : A firm evaluates all of its projects by using the NPV decision rule. What is the NPV at a required return of 11% and 23%?
How much should fishbone record as the cost of the machine : Assuming that a prevailing interest rate of 8% applies to this contract, how much should Fishbone record as the cost of the machine
Disciplinary action towards an employee are excessive : Do you feel the requirements Management must provide to support their disciplinary action towards an employee are excessive?
Calculate the dividend yield and dividend payout : Ralite Company had net income for the year of $20 Million. Calculate the following ratios: (a)price/earnings ratio, (b) dividend yield, and (c) dividend payout
What is the order quantity that minimizes cost : Calculate the order quantity. Based on your calculations, what is the order quantity that minimizes cost?
What is susans incremental profit if she choose option three : Susan is trying to decide whether or not to attend college during the next 12-week. What is Susan's incremental profit if she chooses option 3 over option 2?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd