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Cole Manufacturing Company buys land for $50,000 on12-31-2000. As of 3-31-2001, the land has appreciated in value to$50,500. On 12-31-2001, the land has an appraised value of$51,800. By what amount should Cole Manufacturing Company record the Land account be increased, if any in 2001?
the macarthur company is a retail sporting goods store. facts regarding their operation are as follows sales are
In 2010, Bailey Corporation discovered that equipment purchased on January 1, 2008, for $50,000 was expensed at that time. The equipment should have been depreciated over 5 years, with no salvage value. The effective tax rate is 30%.
scudder company has two operating departments mixing and forming. mixing has 240 employees and occupies 22000 ftsup2.
discuss the reasons why corporations invest in securities. discuss how the market would be affected if they stopped
Micro spinoffs,Inc issued an 20-year-old debt a year ago at par value with a coupon rate of 8 percent, paid annually. Today, the debt is selling at $1050. If the firm is tax bracket is 35 percent, what is its after-tax cost of debt?
explain in 250 to 300 words your answers to the followingbullwhat are the advantages of the four different special
Berry Corporation has 50,000 shares of $10 par common stock authorized. The following transactions took place during 2010, the first year of the corporation's existence:
upper darby park department is considering a new capital investment. the cost of the machine will be 200000. the
goodwill is an unusual asset in that it cannot be sold individually apart from a business as a whole. if goodwill is an
economic experts ee provides economic consulting and litgation support in complex legal cases. one of ees current
the allowance for uncollecible accounts currently has a debit balance of 200. the companys management estimate that 2.5
sanchez co. has three activities in its manufacturing process machine setups maching and inspections. estimated annual
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