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Mayer Instrumentation sold a depreciable asset for cash of $400,000. The original cost of the asset was $1,400,000. Mayer recognized a gain of $43,000 on the sale. What was the amount of accumulated depreciation on the asset at the time of its sale?
at the beginning of the current fiscal year the balance sheet of cummings co. showed liabilities of 219000. during the
Based on this information, is a branch or subsidiary the recommended form for the affiliate?
shamrock company had net income of 34000. on january 1 there were 8400 shares of common stock outstanding. on april 1
hannah was focusing on franchising as his choice of entry. what other entry modes are there? what are the strengths and
south company sells a single product for 25 per unit. if variable expenses are 60 of sales and fixed expenses total
A company purchased an aircraft for $400,000 and leased it for 20 years. If the company wants to earn an annual return of 10% what will be the annual rental.
Similarities between manufacturing, non-manufacturing, serviced based businesses and not for profit organizations are.
these financial statement items are for barone corporation at year-end july 31 2010. salaries payable 2080 salaries
healthy hound inc. makes two lines of dog food 1 basic chunks and 2 custom cuts. the basic chunks line is a dry food
kim murphy purchased a 1997 lebaron convertible in 2005 for 5000. since purchasing the car she has spent the following
Briefly describe the two types of strategies that companies may choose to persue. how can the efficient use of organisational operational precedures promote the effective implementation of company strategy?
Hanson Company is constructing a building. Construction began on February 1 and was completed on December 31.
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