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Questions -
Q1. On January 1, Celebrity Allures Inc. bought a new popcorn popper for one of their movie theaters. The popper cost $9,000. The expected life is 8 years with a salvage value of $1,000. The popper is expected to produce 50,000 buckets of popcorn over its life. In the first year, the popper produced 9,000 buckets of popcorn. In the second year, the popper produced 12,000 buckets of popcorn. What is the book value after the second year on the popcorn popper assuming straight line depreciation?
a. $5,640
b. $2,000
c. $7,000
d. $8,000
Q2. In April, Pineapple Co. bought new copy machine for the office. The suggested retail price was $6,000. Pineapple negotiated a price of $5,400. The sales tax amounted to $540. The freight to deliver the machine was $500 and installation costs were $100. Pineapple also bought a maintenance package which will be billed at $35 a month beginning in May. How much is the cost of the copy machine?
a. $6,540
b. $6,575
c. $7,140
d. $7,175
The fair value of the 4 million options, estimated by an appropriate option pricing model, Determine the total compensation cost pertaining to the options
During the year, they wrote off a total of $50,000 worth of specific receivables as uncollectible
Record transactions to an attest client's general ledger when the member has determined or approved the account classifications for the transaction
Paid $400 to install special shelving units, which increase the operating efficiency of the truck. Prepare Krieg's journal entries to record.
problem letterman office service amp supply sells a variety of office equipment including the executive office chair.
With regard to critical success factors, which one of the following would not be considered a financial measure of success?
(Preparation of a governmental funds balance sheet) The following information is available for the governmental funds of Tom's Village.
1. a retailer is considering the purchases of 100 units of a specific item from either of two suppliers. their offers
Palo Alto Corporation is considering purchasing a new delivery truck. Compute the cash payback period and net present value of the proposed investment
If the company acquired the manufacturing facility, how many desks per year would it have to produce in order to break even?
What are the five assurance services that internal auditors perform for an organization? Identify and discuss the service that relates to operations audit.What
What the amount of capitalizable borrowing costs is? On January 1, 2020, ABC Company obtained a loan of P 4,000,000 at an interest rate of 10% specifically
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