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The cash price of this machine was $38,000. Related expenditures included: sales tax $1,700, shipping costs $150, insurance during shipping $80, installation and testing costs $70, and $100 of oil and lubricants to be used with the machinery during its first year of operations. Pele estimates that the useful life of the machine is 5 years with a $5,000 salvage value remaining at the end of that time period. Assume that the straight-line method of depreciation is used.
I need 3-4 paragraphs that analyzes the comparative financial statements, trend analysis, ratio analysis and percentage analysis of a company in the food industry.
the bags and luggage company had the following account balances as of january 1 nbspnbspdirect materials
you are the accountant for jolly fitness a health club. the business owner is concerned about low revenue. there are 3
Beth, who died in January 2012, was survived by her husband, Ben. Beth's federal gross estate was equal to $6,000,000 on the date of her death.
The market value of Lake Corporation's inventory has declined below its cost. Vickie Maher, the controller, wants to use the allowance method to write down inventory because it more clearly discloses the decline in market value, and it does not di..
during september stutzman corporation incurred 94000 of actual manufacturing overhead costs. during the same period the
lockard company purchased machinery on january 1 2012 for 138560. the machinery is estimated to have a salvage value of
on december 31 2012 alexander company had 1296800 of short-term debt in the form of notes payable due february 2 2013.
Uses the completed contract method, what amount of gross profit would be recognized in 2013 and what is taxable income for 2012
bxv inc. is considering a 15-year investment project that will cost 300000. it is estimated that none of the 300000
understanding how costs behave can help managers plan operations and choose between various courses of action.a
during the year brandi had the following transactions a long-term capital gain from the sale of land a short-term
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