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Question - Bayanihan Company reported the following property, plant and equipment on December 31, 2021: P3,000,000 acquired in 2019; P2,000,000 acquired in 2020 and P1,000,000 acquired in 2021. The depreciation rate is 10% straight line. A full year depreciation is charged in the year of acquisition, No disposal was made in 2021. The index number in 2019 is 100, in 2020 is 125 and in 2021 is 300. What amount of depreciation should be included in the income statement adjusted for hyperinflation under constant peso accounting?
in 2013 x companys profits were 150000. in 2014 the selling price is expected to be 44.3 the variable cost per unit is
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Miguel Torres purchased 100 shares of CantWin.com.com for $50 per share, using as little of his own money as he could. His broker has a 50% initial margin.
To develop a strategic plan, as a nonaccounting manager, you need to analyze and link management accounting data and performance information with business.
Ms. Rhonda Fontaine owns a city home in Barrie, as well as a chalet at the Blue Mountain ski area. Determine the minimum capital gain that she must report
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Which investment yields the higher interest income: investing P dollars at 3% annual simple interest for 2 years or at 2% annual compound interest
Year 4, at a rate of 4% compounded annually. B Inc. has a December 31 year end. What amount of interest must be included in income for Year 1?
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