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Question - Ilene Wreft Political Consulting Co. purchased a new automobile on October 1, 2015, for $38,000. It estimates it will have a useful life of 8 years, with a salvage value of $3,000. If Ilene Wreft Political Consulting Co. uses double-declining balance, what would be the correct amount of depreciation it should claim as of December 31, 2016?
at may 31 2005 the accounts of yellow knife manufacturing company show the following. may 1 inventories-finished goods
gruner company produces golf discs which it normally sells to retailers for 6.94 each. the cost of manufacturing 18800
Auditors found that the entity has not capitalized a material amount of leases in the financial statements. When considering the materiality of this departure.
Johnson Electronics faces the following total cost based on level of output. The total cost of producing five units of output is
The Thomas Company makes all its sales on credit. What are the budgeted cash collections for April
Ozinzim & Sons Ltd sold products to customers on the 30 June 2006 for a total price of R10000. The terms of the sale are that payment is due in 30 days.
the association of certified fraud examiners offers one-and two-day seminars to its members throughout the year members
Does the budget suggest that additional workers are needed? Suppose the wage rate is $20 per hour. How many additional labor hours are needed in May?
Mar 3 Purchased a piano (inventory) for $50,000, signing a six-month, 8% note payable. Record the transactions in Smooth Sound's journal
Direct labor was $56,898 and factory overhead was $9,252. What were the total cost of units completed during the period
on june 30 2010 mackes company issued 5040000.00 face value of 13 20-year bonds at 5419156.68 a yield of 12. mackes
Explain why you would want the financial statements to be audited. Discuss the implications of the ratios provided for the lending decision you are to make.
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