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Equipment costs 15000$ and has a 1000$ residual value and an expected useful life of four years. What is the depreciation expense in year 4 using the double declining balance method at the straight line rate?
Shown here are annual financial data at December 31, 2011, taken from two different companies.
Compute the net present value for each alternative and determine which alternative is more desirable using the net value criterion. Compute the profitability index for each alternative and determine which alternative is more desirable using the p..
Bernice dies and, under a will, passes real estate to her surviving husband. The real estate is subject to a mortgage. For estate tax purposes, how will any marital deduction be determined? Can Bernice's estate deduct the mortgage under § 2053? Ex..
Rob, Bill, and Steve form Big Company. Rob performs $45,000 of services for his shares of the company. Bill transferred property with a basis of $5,000 for $75,000 of stock. Steve contributes cash of $100,000 for his shares. Which of the three must r..
q 1 as at december 31-2012 a company has total assets of 3500 current assets of 1500 and fixed assets of 2000 debt of
Using property she inherited, Myrna makes a gift of $6.2 million to her adult daughter, Doris. The gift takes place in 2011. Neither Myrna nor her husband, Greg, has made any prior taxable gifts.
Pedro's child attends a school operated by the church the family attends. Pedro made a donation of $1,000 to the church in lieu of the normal registration fee of $200. In addition, Pedro paid the regular tuition of $6,000 to the school. Based on t..
The Fridge- Air Company's preferred stock pays a dividend of $ 4.50 per share annually. If the required rate of return on compara-ble quality preferred stocks is 14 percent, calculate the value of Fridge- Air's preferred stock.
Please address the differences in creating budgets for the following entities: manufacturing, non-manufacturing, serviced-based business, and not-for-profit organizations.
the last free cash flow for a company was 51 million and it is expected it to grow at a constant rate of 4 percent
If the partnership sells the property contributed by Joseph for $600,000, how is the tax gain allocated between the partners
Find a journal article online about absorption and/or variable costing. In the subject line of your post, include the title of the article that you read.
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