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1.On January 1, 2013, Canseco Plumbing Fixtures purchased equipment for $30,000. Residual value at the end of an estimated four year service life is expected to be $2,000. The company expects the machine to operate for 10,000 hours. Calculate depreciation expense for 2013 and 2014 using each of the following depreciation methods:
(a) Straight line, (b) Sum of the years digits, (c) Double declining balance, (d) Units of production using machine hours.
The machine operated for 2,200 and 3,000 hours in 2013 and 2014, respectively.
a company must decide between scrapping or reworking units that do not pass inspection. the company has 15000 defective
The remainder of the fixed selling and administrative expense represents current cash flows. The cash disbursements for selling and administrative expenses on the March selling and administrative expense budget should be:
on august 31 2013 the silva company sold merchandise to the bendix corporation for 250000. terms of the sale called for
empire machinery acquired a new machine on january 1 2006 at a cost of 50000 which was estimated to have a useful life
tobey receives 1000 shares of you dog stock as part of his compensation package. tobeys employment contract with you
what is sunk cost? under what circumstances are sunk costs relevant to a decision? provide an example of a sunk cost.
1.a company issued 155 shares of 100 par value stock for 35500 cash. the total amount of contributed capital is
Comparison of projects, no income taxes. (CMA, adapted) New Bio Corporation is a rapidly growing biotech company that has a required rate of return of 10%. It plans to build a new facility in Santa Clara County.
Wayne`s Steaks, Inc., has a 9 percent, noncallable, $ 100-par-value preferred stock issue outstanding. On January 1 the market price per share is $ 73: Dividends are paid annually on December 31: If you require a 12 percent annual return on this i..
moran company had 155400 of net income in 2012 when the selling price per unit was 160 the variable costs per unit
for the year ended december 31 southern supply had net sales of 7910000 costs and other expenses including income tax
Calculate dividend yield on common stock? market price per share: $50.00; earnings per share 10.00;dividends per share:2.00; investors cost per share:40.00
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