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Northstate College has a telephone system that is in poor condition. The system can be either overhauled or replaced with a new system. The following data have been gathered concerning these two alternatives: Present System Proposed New System Purchase cost when new.. $100,000 $150,000 Accumulated depreciation..90,000 Overhaul cost needed now. 80,000 Annual cash operating costs. 30,000 20,000 Salvage value now.. 10,000 Salvage value in 8 years. 2,000 15,000 Working capital required.50,000 Northstate College uses a 12% discount rate and the total cost approach to capital budgeting analysis. Both alternatives are expected to have a useful life of eight years. The net present value of the new system alternative is?
Construct the stockholders' equity section incorporating all the above information.
door amp window co. was organized on august 1 of the current year. projected sales for the next three months are as
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On January 1, Hurley Corporation issues $2,000,000, 5-year, 12% bonds at 96 with interest payable on July 1 and January 1. The entry on December 31 to record accrued bond interest and the amortization of bond discount using the straight-line metho..
Describe in your own words what "segregation of duties" is in an AIS context. Explain how MYOB can assist in the implementation of separation of duties
usaco a domestic corporation is a wholly-owned subsidiary of forco a foreign corporation. usacos only assets are cash
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