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Two alternative courses of action have the following schedules of disbursements. The first alternative spends $1,300 now and no more. The second does not spend anything now but one year later spends $100, the following year an additional $200 and $300, $400 and $500 for years three, four and five. Based on a 6% interest rate, which alternative should be selected?
what date must the invoice be paid in order for the buyer to take advantage of the discount
Ray Zor Inc. is considering an investment in new equipment that will be used to manufacture a smartphone. The phone is expected to generate additional annual sales of 4,000 units at $410 per unit. The equipment has a cost of $525,000, residual value ..
q in 2000 san fernando shipped 300 diamond drill bits to its subsidiary in ecuador. the drill bits were shipped at san
Assume that the goods are not damaged and can be resold at their normal selling price. Also assume that the selling company uses a perpetual inventory system.
On January 1, 2011, Bishop Company issued 10% bonds dated January 1, 2011, with a face amount of $20 million. The bonds mature in 2020 (10 years). For bonds of similar risk and maturity, the market yield is 12%. Interest is paid semi annually on June..
Sports Unlimited makes softballs and baseballs for recreational use. It takes them 2.0 direct labor hours to make a softball and 1.5 direct labor hours to make a baseball. Budgeted production for the upcoming year is 15,000 softballs and 18,000 baseb..
Bogart Company is considering two alternatives. Alternative A will have revenues of $149,480 and costs of $102,030
for a business that makes advance provision for uncollectible receivablesa journalize the entries to record the
What is the total amount of research and development expense that should be reported in Polanski's 2014 income statement?
Prepare a trial balance for the following. Analyze the account and their balances and prepare a list that describes each of the seven most likely tranactions and their answers. Prepare a report of cash received and cash paid showing how the seven tra..
You owe $6,800on a car loan that has an interest rate of 6.75 percent and monthly payments of $310. You lost your job and your new job pays less, so your lender just agreed to lower the monthly payments to $225 while keeping the interest rate at 6.75..
Where does the company disclose its revenue recognition policy? When does the company record revenues for the "sale" of gift cards?
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