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A company purchased a computer on July 1, 2015 for $50,000. Estimated useful life of the computer was 5 years and it has no residual value. Calculate Depreciation for the first year using double - declining method of depreciation.
Compute the Ratio of Liabilities to Stockholder's Equity (p337 of textbook). Give the definition of this ratio, and state which of the two businesses appear stronger with respect to this ratio, and why.
How is overhead cost allocated in job costing? Discuss the Treatment of Normal an Abnormal Spoilage under Job Costing.
Robert johnson contributed, equipment, inventory, and $42,000 cash to the parnership. the equipment had a book value of $25,000 and market value of 28,000. The inventory has a book value of $50,000 but only had a market value of $15,000 due to obsole..
For the analysis of financial position, compute McDonough Products' (a) Current ratio and (b) Debt ratio. Compare these ratios with the industry averages. Is McDonough Products' financial position better or worse than the average for the industry?
rondello corporation manufactures a single product. the standard cost per unit of product is shown below.direct
Create an interpretative write up of your financial analysis, explaining trends and items of concern for the directors of FedEx. For each ratio, you should describe ratio, inform the directors about
Bart and Kesha are in the 39.6% tax bracket. They are interested in reducing the taxes they pay each year. They are currently considering several alternatives. For each of the following alternatives, indicate how much tax, if any, they would save.
Prepare an acquisition analysis and the consolidation journal entries necessary to prepare consolidated accounts for the year ending 30 June 20x4 for the group comprising Tien Ltd and Chai Ltd.
the current assets and current liabilities for apple computer inc. and dell inc. are shown as follows at the end of a
Tano issues bonds with a par value of $180,000 on January 1, 2013. The bonds’ annual contract rate is 8%, and interest is paid semiannually on June 30 and December 31. The bonds mature in three years. The annual market rate at the date of issuance is..
calculation of goodwill value.a.nbspon june 30 2007 hi-tech inc purchased for cash at 50 per share all 150000 shares of
What is the total revenue for CVS and Southwest on the respective income statements? How do you think nature of each business will affect revenue recognition for prescriptions filled for CVS versus airline tickets for Southwest?
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