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On January 1, 2015, Stephen, Inc. sold equipment to Noli, and simultaneously leased it back for 5 years. Pertinent information at this date is as follows:
Sales price (Fair value is P450,000) P550,000
Carrying amount 400,000
Estimated economic life 15 years
Question 1: At December 31,2015, how much should Stephen report as deferred gain from the sale of the equipment?
The company's beta is 1.25, the required return on the market is 10.50%, and the risk-free rate is 4.50%. What is the companys current stock price
Lou Barlow, a divisional manager for Sage Company, has an opportunity to manufacture and sell one of two new products for a five-year period. His annual pay raises are determined by his division’s return on investment (ROI), which has exceeded 22% ea..
The company had estimated the useful life at 8 years and a residual value at $5,600. How will this sale affect Retained Earnings
Tunley began Tunley Office Services in October and during that month completed these transactions: Prepare journal entries to record the above transactions. Explanations are unnecessary.
How much will the remaining general creditors receive from the distribution before subordination adjustment? Round your answers to the nearest dollar.
Calculate Monaco accounts receivable turnover ratio for the year. The company does not believe it will have any bad debts. Use the turnover ratio computed in (b) to analyze Monaco’s liquidity. The turnover ratio last yearwas 8.0.
this project should be completed using excel with formulas and linked data. the parameters of the project are below1.
Prepare the journal entry to record the sale of all the EG&G shares on August 20 for $16 per share. Is this entry affected by the June 30 adjustment?
Journalize the transactions - Post to the ledger T-accounts and prepare a trial balance on April 30, 2014.
Mohammed Abul and his family own the Long-lasting Boot (LLB) store. LLB is a specialty boot store located in the downtown area in a medium sized Scottsdale, Arizona and sells a broad line of boots to all members of the family including a novelty pet ..
Compute EPS for the year 20XX. (Round the final answer to 2 decimal places.) Compute EPS for the year 20XY. (Round the final answer to 2 decimal places.)
How to journalize transactions and the amounts involved? Declared a $1 cash dividend per share to stockholders of record on January
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