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Florist Gump is a local florist in Vancouver. At December 31, 2021, Florist Gump had a UCC of $28,000 pertaining to its office furniture. In 2022, the company bought a gold-plated photocopier (for its head office) for $30,000. It also disposed of an older, silver-plated photocopier for $10,000 (it originally purchased it for $15,000).
Assume the asset does not qualify for the immediate expensing (DIEP) rules but qualifies for AccII.
Assuming the company claims maximum CCA, what would appear in Schedule 8, Line 220 for this company? Please do not round intermediary answers.
Round your final answer to the nearest dollar. Do not use $ signs in your final answer.
How much money did the attorney think he had in his account before he learned of the fraud?
The countries of Stabilato and Variato hae the following average returns and standard deviations for their stocks, bond, and short-term government securities. What range of returns should you expect to earn 95 percent of the time for each asset class..
Suppose that today's spot exchange rate is ¥/$ = 187. Next year's exchange rate is expected to be ¥/$ = 193. What is the percentage change in the value of the y
Discuss any other statistical analyses you would want the company to contemplate before deciding if it will go with a defined or open sales strategy.
What are 3 examples of short-term debt-financing options? Please compare and contrast.
Suppose it installed its previous generation of computer chip manufacturing equipment 3 years ago. Some of that older equipment will become unnecessary when the
Identify and explain the weakness in Lehman's governance practices.
You have $62,000. You put 21?% of your money in a stock with an expected return of 14?%, ?$40,000 in a stock with an expected return of 15?%, and the rest in a
Impact of Liquidity Premium on Forward Rate: - Explain how consideration of a liquidity premium affects the estimate of a forward interest rate.
Determine how does foreign competition limit the prices that domestic companies can charge and the wages and benefits that workers can demand?
You are observing the following market prices. A put option that expires in six months with an exercise price of $45 sells for $5.80
suppose that you hold a share of stock and a put option on that share. what is the payoff when the option expires if a
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