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Which of the following statements provide(s) an argument in favor of including only a plant's net book value rather than gross book value as part of operating assets in the ROI computation?
I. Net book value is consistent with how plant and equipment items are reported on a balance sheet.
II. Net book value is consistent with the computation of net operating income, which includes depreciation as an operating expense.
III. Net book value allows ROI to decrease over time as assets get older.
if net fixed assets in 2007 19550 if net fixed assets in 2008 28974 if depreciation on the 2007 income statement is
1. Inventory in the amount of $10,000 was received on December 31 after the count. The invoice was received and recorded on December 30.
in 1990 brothers peter and mitchell jointly bought a warehouse that they rented out to commercial tenants. the total
the finishing department of berle industries works on only one product and all costs are incurred uniformly while these
a companys product sells at 12 per unit and has a 5 per unitvariable cost. the companys total fixed costs are 98000.the
what amount of gain or a loss did she experience on the 50,000 pesos she held during her visit and converted to u.s. dollars at the departure date?
on january 2 20x1 bruce greene invested 10000 in the stock market and purchased 500 shares of heartland development
Compute the depreciation cost per unit and prepare a depreciation schedule assuming actual mileage was: 2012, 40,000; 2013, 52,000; 2014, 41,000; and 2015, 27,000.
The local garden club, an exempt organization, had gross unrelated business income during the year of $15,000. Its costs associated with this income were $9,800. What is its unrelated business income tax?
kolbys korndogs is looking at a new sausage system with an installed cost of 777000. this cost will be depreciated
Sabonis Corporation reported net income of $400,000 in 2008 and had 50,000 shares of common stock outstanding throughout the year.
for the ages inc. produces solid-oak umbrella stands. each stand is handmade and hand finished using the finest
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