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1. Silverman Company purchased machinery for $162,000 on January 1, 2010. It is estimated that the machinery will have a useful life of 20 years, salvage value of $15,000, production of 84,000 units, and working hours of 42,000. During 2010 the company uses the machinery for 14,300 hours, and the machinery produces 20,000 units. Compute depreciation under the straight-line, units-of-output, working hours, sum-of-the-years'-digits, and double-declining balance methods.
dill enterprises pays 243200 for equipment that will last five years and have a 54286 salvage value. by using the
farmer inc. began business on january 1 2012. its pretax financial income for the first 2 years was as
products kappa and sigma are joint products. the joint production cost of the products is 800. kappa has a market value
a company has preferred stock that can be sold for 28 per share. the preferred stock pays an annual dividend of 5 based
What is the city's debt ceiling? What is the city's credit rating? Would you consider purchasing municipal bonds from your city? Why or why not?
the franc zeppo venture manufactures a product that goes through two processing departments. information relating to
The article states: "A look at domestic grosses (box-office receipts) adjusted for inflation shows a more realistic view of Avatar's performance." Why would adjusting for inflation show a more realistic view of Avatar's performance at the box offic..
a. What is Clear's DPGR per unit?b. Its QPAI?
While there are many instances of overlap between financial accounting and management accounting, each group's primary focus is different.
Hanover Toy Store has budgeted sales of $48,000 for its electronics department in November. Management wants to have $11,000 in electronics inventory at the end of November. The beginning inventory of electronic toys is expected to be $9,000. What..
A city General Fund received cash from the following sources during fiscal year 2012. All the receipts were credited to revenue accounts. Identify the incorrect credits (some may be correct) and make journal entries to correct them.
JLChem Corporation, a chemical manufacturing firm with changing investment opportunities, is considering a major change in dividend policy. It currently has 50 million shares outstanding and pays an annual dividend of $2 per share. The firm curren..
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