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Blue Jay Industries is considering the purchase of a new machine. It will replace an existing but obsolete machine that will be sold for $40,000. The existing machine is 8 years old, cost $150,000, had a 10 year useful life, and is being depreciated to zero using the straight line method. Blue Jay's income tax rate is 40 %. What is the after tax salvage value of the old machine?
finlon upholstery inc. uses a job-order costing system to accumulate manufacturing costs. the companys work-in-process
louder company manufactures part mno used in several of its truck models. a total of 10000 units are produced each year
what types of businesses use the cash basis of accounting? how are revenues and expenses recognized in a cash basis
General government revenues for the year were $800,000 with an overall increase in the city's net assets of $150,000.
information for the year ended december 31 2010sales 110000direct materials used 20800indirect production costs-fixed
What is meant by "major fund reporting"? How does this differ from reporting by fund type? For what fund types is major fund reporting required?
peterson company incurred the following high and low maintenance costs totals during 2011 432000 at 20000 units of
john obtained a 300000 mortgage on december 27 2007 or purchase of an office building. the terms of the loan specify
four flags is a retail department store. on january 1 2012 four flags accountants used the following data to develop
maddox specialty company a division of lost world inc. manufactures three models of gear shift components for bicycles
rita arthurs the sales manager is discussing the possible outcome of the forthcoming election with paulo farmer the
Warner Company issued $800,00 of 6%, 10-year bonds on one of its interest dates for $690,960 to uield an effective annual rate of 8%. The effective-interest method of amortization is to be used. What amount of discount (to the nearest dollar) shou..
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