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Question - PERA Co. is a commercial leasing and finance company. As of year-end, PERA holds equipment that is available either for sale or lease. PERA is not yet decided whether to sell or to lease the equipment. The equipment has a carrying amount of P1,500,000, fair value of P1,800,000 and costs to sell of P75,000. How should PERA Co. classify the equipment?
ABC Co. is considering the following investment: Cost of investment $56,865 and Annual savings $15,000. What is the NPV of the proposal
Axel Corporation acquires 100% of the stock of Wheal Company on December 31, Year 4. The following information pertains to Wheal Company on the date of acquisition:
Priyanka wishes to minimize her income tax. What is Priyanka's taxable income
Annapolis uses the weighted-average process costing method. Use this information to determine the cost per equivalent unit of direct material
During 2014, Ecuyer industries reported cash provided by operations $397,000,000. Cash used in investing 343,000,000.
Compare and contrast the constructive receipt doctrine and the assignment of income doctrine. In what situations do these doctrines apply?
clean dirt inc. had 8000 of salaries payable at december 31 2010. during 2011 clean dirts salary expense was 60000. at
During 2014, Olson recorded $80,000 of sales on credit and wrote off $4,000 of uncollectible accounts.. Determine the amount of cash collected during 2014 from sales on credit. Determine the amount of bad debts expense for 2014.
If you currently owned a house that was valued at $1,000,000 with only a $200,000 morgage, what is the new value of your mortgage
The total unamortized bond discount at the date of conversion was $1,000,000. In applying the book value method, what amount should Morgan credit to the account "paid-in capital in excess of par," as a result of this conversion?
Sunny Friday Co. discounted a P1,000,000 6-month, 12% note, received from a customer on July 1, 20x1 with a bank at 16%. Provide the entry on Nov
Sketch the quasi-static voltage transfer characteristics of an NMOS inverter with depletion load. - What effect does changing the transistor W/Lratio have on the transfer characteristics?
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