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On December 31, Burgess, Inc. has decided to sell a piece of equipment. The initial cost of the equipment was $180,000 with an accumulated depreciation of $176,000. Depreciation has been taken up to the end of the year. The company found a company that is willing to buy the equipment for $6,500. What is the amount of the gain or loss on this transaction?
Bob Morin opened a medical practice specializing in surgery. During the first month of operation (August), the business, titled Bob Morin, Professional Corporation (P.C.), experienced the following events: Aug 6 Morin invested $39,000 in the business..
What is the price of a consol with a coupon payment of $200 per year if the interest rate is 10 percent? - What is the interest rate on a consol if the coupon payment is $400 and the price of the consol is $8,000?
Burgundy Manufacturing uses a process cost system and computes cost using the weighted average method. During the current period, the beginning work-in-process inventory cost was $13,525.
Evaluate the company's operational strengths and weaknesses based on Review the horizontal analysis, analyze the results, and discuss operational areas of concern.
prepare direct materials price variance efficiency variancelabor rate variance labor efficiency variance and pass
Nikennis Corporation has outstanding at December 31, 2012, 50,000 shares of $20 par value, cumulative, 8% preferred stock and 200,000 shares of $5 par value common stock. All shares were outstanding the entire year. Calculate Nikennis’s 2012 net inco..
Which of the following is NOT included in the calculation of free cash flows?
A company can acquire a $700,000 machine now that will benefit the the company over the next 5 years, with a net present value of $134,000 using a 10% hurdle rate. Based on this information, illustrate what is the annual cash operating savings ex..
When Selling Fixed assets how do you calculate the Book Value? Once you have book value if you sell the asset for more cash than book value what is it called? Less than book value what is it called? What is the method used to record the consumption o..
After all noncash assets are sold and all liabilities are paid, there is a cash balance of $130,000. What amount of loss on realization should be allocated to Soledad?
For this assignment you are to write a culminating quantitative research report on the concepts and topics that you learned in this course. For this paper, you need to critique two or more research papers/journals that use quantitative research me..
Identify a decision that has recently been made or will be made in the near future in your organization. Identify two relevant and two non-relevant costs in this decision.
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