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Brent owns Beck Trucking. Seven years ago, he purchased a large-capacity dump truck for $115,000 to provide short-haul earth moving services. He sold it today for $45,000. Operating and maintenance costs averaged $9,500 per year. A complete overhaul at the end of year 4 cost an extra $3,200.
Calculate the annual cost of the truck at 7% per year. And if Brent estimates that Beck cleared at most $20,000 per year added revenue from using the truck, was the purchase economically advantageous?
If you were to use step down method, which user departments could be ranked highest on your list and could you recommend that allocations be made based on actual usage or based on budget usage
show the role of the managerial accountant in todays business environment. how has role changed and evolved over
How many autoimmunity tests per year will have to be performed on the array machine to break even and given the present volume of tests, would there be an annual net contribution and, if so, how much?
Determine the overhead allocation rate using the present traditional volume-based allocation method. Evaluate the total manufacturing cost per unit of each customer using the present allocation method.
Pretend you are hired to debate the issue of the proper treatment of options written on a company's own stock. Evaluate your argument, citing concepts and definitions to buttress your case, suppose
globalization has made cultural values irrelevant as a factor influencing multinational business and accounting. state
What conclusions concerning the relative profitability, liquidity, long-run solvency, and the efficiency of assets can be drawn from your analysis above (compare and contrast the two competitors using specific financial measures from the analysis ..
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Prepare the operating activities section of the statement of cash flows for 2008 using the indirect method.
Identify the financial statements on which each of the items appears by placing a check mark in the appropriate column - Relating titles and accounts to financial statements
The total cost of a fleet of lorries is $ 180,00 and theresidual value after five years is $20,00. Using the diminishing balance method find the rate of annualdepreciation?
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