Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - Kumquat Farms Ltd. has decided to acquire a kumquat picking machine. Details on this purchase follow:
Cost of time $80,000
Expected useful life of time machine (in years) 7
Salvage value at end of useful life $12,000
Kumquat Farms has two options on how to finance the picking machine:
Option 1: A lender has agreed to advance funds for the entire purchase price with the loan being payable in equal instalments at the end of each year over the five tears. The interest rate on this loan would be 9.5%.
Option 2: The machine could be leased over its useful life from the manufacturer with equal annual lease payments payable at the beginning of each year. The annual lease payment is $16,000.
Additional information is as follows: Kumquat Farms tax rate is 33%. CCA rate for kumquat picking machine is 30%. Annual maintenance costs (if the Farm owns the machine) is $2,100.
Required - Should the machine be leased or purchased? Show all calculations.
she buys five deluxe mixers on account from kzinski supply co. for 2750 terms n30. she pays 100 freight on the january
Question - On May 1 eternal candle Inc purchases 500 shares of ordinary shares at a cash price of 9$ shares, Journalize the transaction
Construct a price-weighted index for the four stocks. What are the values for DAY T and DAY T+1? What is the percentage change
Financial statements are not just for investors. Please explain who else should be concerned with a company's financial statements and why they are important.
You are analysts comparing the performance of two portfolio managers using the Sharpe Ratio measurement. Manager A shows a return of 16% with a standard deviation of 10%.
Suppose next year the Company Y generates $20,000 in net profit, pays $10,000 in dividends, What must their total liabilities be next year
Jan. 1: Purchased 4,000 shares of its own stock at $20 cash per share. Create statement of retained earnings for the year ended December 31, 2014
If the company marks up total cost by 0.45, what price should be charged if 61,000 units are expected to be sold
A schedule of expected cash collections from sales, by month and in total, A sales budget by month and in total
As an accounting student: What business form would you recommend to Sony and Ted for their business? Why
The company has total assets of $104,912.112 and shareholders' equity of $43,623,445. Use the extended DuPont identity to find the return on assets and return on equity for the firm.
A company estimates its manufacturing overhead will be $750,000 for the next year. What is the predetermined overhead rate
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd