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he used the car 80% of the time for business and 20% for personal use. jon used the satutory percentage method of cost recovery. calculate total deduction jon may take for 2011 with respect to the car.
What is the maximum amount of annual variable operating expenses, pretax, that would make this an attractive investment from a present-value standpoint?
Rinehart Company made a loan of $7,400 to one of the company's employees on April 1, 2013. The one-year note carried a 6% rate of interest. The amount of interest revenue that Rinehart would report in 2013 and 2014, respectively would be?
Merry land's had inventory balance $32 570 at close of accounting period. the following sales & purchases are for current period. Prepare general journal entries (ignoring GST) assuming: 1. a periodic inventory system is used 2. a perpetual inventory..
Total fixed costs for Herman Enterprises are $215911. Total costs, both fixed and variable, are $558749 if 100,000 units are produced. The variable cost per unit is: (input your number without dollar signs or commas. Use two decimal places.)
pensions and postretirement benefits1. alternative methods exist for the measurement of the pension obligation
Bill Dunn made an investment on July1, 2007 which earned $9,000 and 12% return on July 1, 2008. How much did Bill invest?? Answer should be 75,000. Leshonda wins 12,000 in the Georgia Lottery and invests the money in an account that earns 10% interes..
Compute the degree of operating leverage before and after the purchase of the new equipment and interpret your results
Which of the following statements is true if a bond is sold for an amount equal to its face value?
Tai and Song are ages 69 and 59, respectively, and file a joint return. They have AGI of $20,000 and received $2,000 in nontaxable social security benefits. How much can Tai and Song take as a credit for the elderly or the disabled?
The company's balance sheet in retained earnings is $75,000. Prepare the stockholder's equity section of the company's balance sheet.
Wissota Co. has a material standard of 2 pounds per unit of output. Each pound has a standard price of $12 per pound. During February, Wissota Co. paid $57,220 for 4,840 pounds, which were used to produce 2,400 units. What is the direct materials qua..
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