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An office building and its equipment are insured to $710,000.The present annual insurance premium is $0.85 per $100 of coverage.A sprinkler system with life of 20 years and no salvage value can be installed for $18,000.Annual maintenance and operating costs for the sprinkler is $360. The premium will be reduced to $0.40 per $100 coverage if the sprinkler is installed. Find the payout period for sprinkler system with interest of 12%.
Do you think it is necessary to use an accumulated depreciation account instead of just adjusting the asset account directly?
in early july mike gottfried purchased a 70 ticket to the december 15 game of the chicago titans. the titans belong to
U.S. Political Consultants has been in existence for many years. During the month of November, the following events occurred:
To determine whether accounts payable are complete, an auditor performs a test to verify that all merchandise received has been recorded. The population for this test consists of all:
why are expenses paid for in advance reported as assets? what happens to this asset as time passes and what are the
using the following information find the unknown amounts. assume each set of information is an independent case. a.
consider the following quality cost reportyear 1year 2year 3prevention177516501650appraisal250025002500internal
Calculate the 2014 taxable income for Calzone Trucking Company. Indicate the amount and the effect of any carryforwards or carrybacks on Calzone Trucking's current, past, or future income. Show and label all of your work.
Beyer Corporation is considering buying a machine for $25,000. Its estimated useful life is 5 years, with no salvage value. Beyer anticipates annual net income after taxes of $1,500 from the new machine. What is the accounting rate of return assum..
determining break-even price in a reduce-or-expand decision. quickcare is a health care franchise that functions as a
An option-pricing model estimates the fair value for the options to be $5 on the date of grant. What amount should M recognize as compensation expense for 2009?
serta carpet which manufactures carpet incurred the following costs for march when 2600 yards of carpet were produced
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