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Question - Your firm is considering a project with a discount rate of 9%. If you start the project today, your firm will incur an initial cost of $490 and will receive cash inflows of $365 per year for 3 years. If you instead wait one year to start the project, the initial cost will rise to $530 and the cash flows will increase to $405 a year for the following 3 years. Would your firm be better off starting the project now or waiting to start the project in a year? Explain clearly.
March 25 Declared $2 per share cash dividend on 20,000 shares of common stock outstanding. Prepare the journal entries for the above items
micro products inc. has developed a very powerful electronic calculator. each calculator requires four small chips that
Josef received goods costing $41,900 on January 2 that were shipped FOB destination on December 29. Determine the correct inventory amount on December 31
You also need an initial net working capital of $103,000. If tax rate is 35% and you require a 12% return on your investment, what bid price should you submit
Ordinary share capital - 7,000,000. Pen Inc. reported net income of $5,000,000.How much should be recorded as investment income for the current year?
Describe what may result if Yuan continues to handle his situation as he currently is. How can Yuan manage his time more effectively?
at december 31 2014 indigo girls company has outstanding noncancelable purchase commitments for 43920 gallons at 4.35
value corporation is a calendar year taxpayer that uses the accrual method of accounting. on december 10 of the current
corporation manufactures several types of accessories. for the year the gloves and mittens line had sales of 500860
What two accounts will be affected while recording entries in the general ledger when you bill a customer for services rendered on account? There has not been any previous cash paid to the company.
Provide the two journal entries for the following: Your company makes guitars. Your company just sold 100 guitars for $250 each to a credit customer
On January 1, 2014, Bernard Ltd. issues 500 5% bonds with a face value of $1 000. Record the bond interest expense on June
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