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During the nineteenth century, the U.S. Congress encouraged railroad companies to build transcontinental railways across the Great Plains by giving them land grants. At that time, the federal government owned most of the land on the Great Plains. The land grants consisted of the land on which the railway was built and alternating sections of 1 square mile each on either side of the railway to a distance of 6 to 40 miles, depending on the location. The railroad companies were free to sell this land to farmers or anyone else who wanted to buy it. The process of selling the land took decades. Some economic historians have argued that the railroad companies charged lower prices to ship freight because they owned so much land along the tracks. Briefly explain the reasoning of these economic historians.
a company established a direct material standard of 2 pounds of material at a cost of 6 per pound for unit produced.
An apartment house was purchased on July 8 of last year, by a taxpayer who computes her taxes on a calendar basis. Her depreciation deduction last year was $7,902.
Annapolis Corporation paid $270,000 to retire bonds with a face value of $300,000 and a book value of $290,000.
on january 1 2014 henderson corporation redeemed 500000 of bonds at 99. at the time of redemption the unamortized
Karr Company purchased bonds with a face amount of $400,000 between interest payment dates. Karr purchased the bonds at 102, paid brokerage costs of $6,000, and paid accrued interest for three months of $10,000.
The enacted tax rate increased to 30 percent in Year 2 compared to an enacted rate of 20 percent in the prior year. At December 31, Year 2, the company would record a deferred tax expense of:
Please demonstrate your knowledge of current assets and liabilities by discussing: Dependencies between current assets and current liabilities either through balance creations or balance changes. Are there any special management considerations relate..
Prepare a bank reconciliation using B and Bs restaurant supply Inc information for August 31.
Accrual and cash accounting.
Describe the roles of the domain expert, the knowledge engineer, and the knowledge user in expert systems.
werth company asks you to review its december 31 2010 inventory values and prepare the necessary adjustments to the
Parsing Electronics is interested in expanding its operations with a new manufacturing facility in Slovakia. The company prepares a capital investment analysis on the validity of the project and finds that the project is viable. The company expect..
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