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Question: A track dozer cost $165,500 to purchase. Fuel, oil, grease, and minor maintenance are estimated to cost $35.00 per operating hour. A major engine repair costing more than $26,000 will probably be required after 7,200 hrs of use. The expected resale price (salvage value) is 21% of the original purchase price. The machine is expected to have a useful life of 10,800 hours. How much should the owner of the machine charge per hour of use, if it is expected that the machine will operate 1,800 hours per year? The company's cost of capital rate is 7.3%.
the company has an effective tax rate of 20%. holliday uses the periodic inventory method. what is the difference in taxes if LIFO rather than fifo is used
a retailing firm changed from lifo to fifo in 2011. inventory valuations for the two methods appear below 112010 112011
Compute the amounts that Beckman should report in its year-end consolidated financial statements for: noncontrolling interest and Calvin's machine.
On January 1, 2015, Krishna Company issued $100,000 of five-year, Prepare an amortization to record the amortization of the premium or discount
Assuming Kuchman uses the par value method of accounting for its treasury stock, retained earnings at December 31, Year 2 would be reduced by:
All of the following would be entries in assigning accumulated costs to the Work In Process Inventory except:
interest rate premiums. a 5-year treasury bond has a 5.2 yield. a 10-year treasury bond yields 6.4 and a 10-year
compare and contrast the balance sheet income statement and cash flow statement. note that to compare and contrast
Received inventory valued at $16,000 and equipment with market value of $9,500 for $3,700 shares of the $2.00 par common stock. Journalize the transactions and Prepare the stockholders equity section
What do you learn about your company in this area? How might cost issues including profitability relate to these topics for your company?
How many units of TV's does company need to sell in order to earn a net operating income of $11,500 per month (round all decimal to one unit)
rolandos employer pays year-end bonuses each year on december 31. rolando a cash basis taxpayer would prefer to not pay
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