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A machine costs $180,000 and is expected to yield an after-tax net income of $10,800 each year. Management estimates the machine will have a ten-year life, a $20,000 salvage value, and straight-line depreciation is used. Compute the accounting rate of return for the investment.
gibbs company purchases sails and produces sailboats. it currently produces 1258 sailboats per year operating at normal
a company is considering investing in an exercise machine that costs 5000 and would increase revenues by 1500 a year
zack is a farmer who buys his feed and fertilizer from a farmers cooperative. in 2011 zack purchased 300000 in feed and
Required: Based on the above information, compute the amounts that should appear in the consolidated financial statements prepared for Barnes Company and it subsidiary, Dean Company, at year end for the following items: 1) sales; 2) cost of goods sol..
gardner company produces plastic that is used for injection-molding applications such as gears for small motors. in
stockholders equity section. balance sheet is provided below.common stock 30 par 20000 share issued and outstanding
as of january 1 2011 the partnership of canton yulls and garr had the following account balances and percentages for
flint fabricators inc. machines metal parts for the automotive industry. under the traditional manufacturing approach
a and b are partners in a firm sharing profits in the ratio of 64. c was admitted in the partnership. a surrendered 16
Byron incurred a loss on November 30 sale of $220,000. Ignoring income taxes, what amount should be reported in the 2010 income statement as the net income or loss under 'discontinued operations'?
1. balanced scorecard is one of those management fads that will disappear several years in the future. in addition
how do i find the retained earnings? what is the formula to find retained earnings? what is the retained
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