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problem 1: make a Transactions to journalize:
Paid $9,020 to purchase used mowing equipment from a company going out of business ($4,820 was for the lawnmower and $4,200 for the trailer).
Paid $220 for January Internet and phone services.
Issued a 500,000 8% 5 year bond. Interest is payable July 1 and January 1
What are the annual incremental cash flows of buying the new printer?Assuming a discount rate of 12%, should the firm replace the old printer now?
Should penalties for breaches of the financial reporting requirements of the Corporations Act be increased? Discuss or explain.
The estimated life of the machine was 5 years, and the estimated salvage value was $5,000
Maturity of the accounts receivable of 54 days. Assuming that all accounts are collected, what is the gain or (loss) on factoring the accounts receivable?
A rental car agency charges a flat fee of $38.00 plus $2.75 per day to rent a certain car. Another agency charges a fee of $31.75 plus $4.00 per day to rent the same car. Use a graphing calculator, find the number of days for which the costs are the ..
Tim is the vice president of western operations for Maroon Oil Company and is stationed in San Francisco. He is required to live in an employer-owned home, which is three blocks from his company office. The company-provided home is equipped with high..
Of what value is information about this type of transaction? What is the reason for its exclusion from the statement of cash flows?
Calculate diluted earnings per share for 2012, assuming the same facts as above, except that $1,000,000 of 6% convertible preferred stock was issued instead of the bonds. Each $100 preferred share is convertible into 5 shares of Lindsey common sto..
Calculate the relevant rates that were used by Coca-Cola and PepsiCo in computing their pension amounts.
A partial adjusted trial balance for Dodgers Co at 9/30/15 shows the following, with each account having a normal balance: If $4,182,000 was collected in September for services performed in September and $596,000 was collected in September for servic..
big chuck wishes to maintain a 10000 minimum cash balance at all times. additional financing is available and retired
Allen Boating Company manufactures special metallic materials and decorative fittings. What is the direct materials efficiency variance?
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