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A government enters into a capital lease for the purchase of a new fire truck. The present value of the future lease payments is $830,500 and there is a down payment at the beginning of the lease of $32,000. What amount should be recorded in the governmental activities account for the fire truck?
A corporation issues for cash $2,000,000 of 8%, 15-year bonds, interest payable annually, at a time when the market rate of interest is 7%. The straight-line method is adopted for the amortization of bond discount or premium. Which of the followin..
what securities must be classified within one of the three categories of held-to-maturity available-for-sale and
tanzlin manufacturings common stock has a beta of 1.5. if the expected risk-free return is 9 and the expected return on
If a stock has a constant growth rate of 6% per year and paid a dividend of $5.00 yesterday, what is the value of the stock if the discount rate is 10%?
abc corp produces alphabet flash cards for grammar schools. they forecast that they will need to produce 90000 sets of
poole corporation has collected the following information after its first year of sales. net sales were 1814400 on
frizell company is preparing its manufacturing overhead budget for 2011. relevant data consist of the following. units
hubert and fran agree to assign 125000 to a 5 year covenant not to compete. how should hubert allocate the 975000
What is the maximum revenue per year, how many medical patients/year are there, and how many surgical patients/year are there? How many medical beds and how many surgical beds of the 90-bed addition should be added?
A company has 60,000 shares of common stock issued and outstanding on January 1, 2014. On April 1, the company issues an additional 10,000 shares. On Oct 1 the company repurchases 20,000 shares as treasury stock. What will the company use as it's..
a company is considering the purchase of new equipment for 63000. the projected after-tax net income is 3600 after
Lechter Co. is preparing to issue stock. Its revenues for last year were $85,000,000, and it had $52,000,000 in stock held by nonaffiliates.
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