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Question - Fe Company is considering to buy a new machine which cost P50,000. It will be a labor saving investment which will reduce payroll by P13,500 per year. Its useful life is 8 years and it wilt have zero salvage value. A minimum desired rate of return of 48% is used for capital investment decisions. Information on present value factors is as follows:
Present value of P1 for 8 periods at 18% .266
Present value of an annuity of P1 for 8 periods 4.078
Should the machine be acquired?
Shaun & Kayla earned the following in 2013: Interest on a Savings account of $36, Interest on a U.S. Series EE Savings Bond of $25, Interest on a CD that has not matured yet of $20. How much taxable interest income must they report on their 2013 tax ..
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A flexible budget performance report compares the differences between:
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