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X Company must decide whether to continue using its current equipment or replace it with new, more efficient equipment. The current equipment will last for six more years and has a current disposal value of $14,000. The new equipment will cost $164,000 and will also last for six years. Operating costs with the current equipment are $66,500 and operating costs with the new equipment are $34,050. If X Company replaces the current equipment, what is the approximate internal rate of return?
if you were in a partnership and a new partner was entering and you had to state all assets at current market prices
Should the rules be rewritten so that Coca-Cola must consolidate CCE rather than use the equity method? If so, at what level of ownership would the equity method no longer be appropriate?
Prepare a 350-word memo discussing the factors to consider when choosing accounting software. Be sure to discuss why each factor is important, as well as the risks of not considering each factor.
the net income reported on the income statement for the current year was 310000. depreciation recorded on fixed assets
What are the common errors and frauds in the personnel and payroll cycle? Which control characteristic are auditors looking for to prevent or detect these errors and frauds?
She incurs expenses of $18,000 (accounting fees, marketing survey, etc.) in exploring its business potential. Her parents have agreed to loan her the money required to start the business. What amount of these investigation costs can Juliet deduct ..
Parrett had equipment with a book value of $250,000 and a fair value of $400,000. Jones had equipment with a book value of $170,000 and a fair value of $320,000. What is the consolidated balance for the Equipment account as of December 31, 2013..
When purchases of merchandise are made for cash, the transaction:
the maturity risk premium for all bonds is found with the formula MRP = (t - 1) x 0.1%, where t = number of years to maturity. What is the liquidity premium (LP) on Niendorf s bonds?
Mark Wilson, chief of personnel, has been instructed to increase the hiring of women at the Morton Cement Company.
The following are the Class Company's unit costs of manufacturing and marketing at an output level of 20,000 units per month:
suppose greg groovy tunes' inventory account showed a balance of 10000 before the year end adjustements. the physical count of goods on hand totaled 9700. to adjust the accounts, what entry would greg make?
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