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At a power plant that produces 1 GW (109 watts) of electricity, the steam turbines take in steam at a temperature of 500°C, and the waste heat is expelled into the environment at 20°C.
(a) What is the maximum possible efficiency of this plant?
(b) Suppose you develop a new material for making pipes and turbines, which allows the maximum steam temperature to be raised to 600°C. Roughly how much money can you make in a year by installing your improved hardware, if you sell the additional electricity for 5 cents per kilowatt-hour? (Assume that the amount of fuel consumed at the plant is unchanged.)
Determine the current ratio after accounting for the additional information. Explain why ABC's current ratio deteriorated so badly.
Paul Jeter is a junior member of an audit team and his team is debating the impact of the client's right of return policy both on inventory valuation and revenue recognition.
a project will require an initial investment of 250000 and will return 50000 each year for seven years. if taxes are
papillon co. has determined the following per unit amounts direct materials 30 fixed selling and administrative 60
what is the theoretical basis for the accounting standard that requires certain long-term leases to be capitalized by
Determine the amounts necessary to record income taxes for 2011 and prepare the appropriate journal entry.
Straight-line amortization is used for discounts and premiums. On September 1, 2012, $3,000,000 of the bonds are called at 102 plus accrued interest. What gain or loss would be recognized on the called bonds on September 1, 2012?
Eastern Post repurchased $10 million of the bonds on the open market at their market price of $10.5 million.
Twilight has medical staff in residence. Disregarding the 7.5% floor, how much, if any, of these expenses qualify for a medical deduction by Sandra?
How is a petty cash fund established? How is the fund replenished?
1. Your friend, Fred, intends to go into business on his own as a timber merchant under the name of 'County Council Supplies'. What could happen to Fred if he does this?
Write a memorandum to Bob explaining the tax consequences of the incorporation. As part of your memorandum examine the possibility of having the corporation issue common and preferred stock and debt for the shareholder's property and money.
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