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Q. Remington Inc. purchases a machine that costs $700,000 and has an approximate d useful life of 10 years, a MACRS property class 7 and an approximate d salvage value of $75,000 after 10 years. It was financed using a $200,000 down payment and a loan of $500,000 over a period of 5 years with interest at 5%. Loan payments are made in equal amounts (principals plus interest) over the 5 years.
(a) Illustrate what is the amount of MACRS-Class 7 depreciation taken in the third year?
(b) Illustrate what is the book value at the end of the third year?
(c) Returning to the original situation, Illustrate what is the amount of the MACRS-Class 7 depreciation taken in the third year if the machine is also sold during the third year?
Russian farmers, again, have a poor crop. Their government has announced that they will not ban exports. Discuss the impact on domestic and world prices, consumers and producers the effects of the Russian government's decision.
Prepare the income statement and retained earnings statements for the year and the classified balance sheet at August 31.
Illustrate difference between economies of urbanization and economies of localization. Give examples of each.
q1. suppose that in saudi arabia produces 200 million barrels of oil and 3 million cars and that the united states
q.the long-run average cost curve for a firm in an industry isatc 10q2 - 50q 100 as well as its marginal cost ismc
Why do you think the specific industries you selected are highly concentrated?
A man went to his bank and borrowed $750. He agreed to repay the sum at the end of three years, together with the interest at 12% per year, compounded annually. How much will he owe the bank at the end of three years?
Conclude how fixed and variable costs should be adjusted to maximize profit and identify methods to reduce costs.
Can anyone think of a program which costs a lot but does not provide long lasting benefits.
Contrast two or three key economic factors for this country with the U.S. economy, and comment.
q. - mr. banks knows that line maintenance expense varies with company size and he wants to use the latter to predict
The Federal Reserve Bank of St. Louis maintains a Web page devoted to international economic trends.
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