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Question: A new dough mixing machine will cost Carlo's bakery $23,000 and will generate $4,000 revenue per year for 5 years. The salvage value will be $4, 500 after the 5 years. Assume the bakery has a 5% MARR.
a. Determine the IRR for the machine. Please use interpolation.
b. Since Buddy wants at least a 5% return on his investments, should the machine be purchased? Why?
Discuss the disclosure requirement on accounting policies, and identify at least two (2) examples of the most commonly required disclosure. Explain the key ways in which the examples you provided are useful to financial statement users.
The kurten corporation is authorized to issue $500000 0f 8% bonds interest on the bond payable semiannually ;the bond are dated january 1,2010 and are due december 31,2015
lockwood company currently sells its deadbolt locks for 30 each. the locks have a variable cost of 10 and the companys
You have been hired as a consultant for ABC Investment Group. In 3-4 pages write a comprehensive research memorandum on this case
Prepare the entries to record the sale of Bartho's equipment and receipt of the note.
Question - The following selected data pertain to the Argent Division for last year: How much is residual income
Prepare the current liabilities section of the balance sheet, assuming $30,000 of the mortgage is payable next year.
allowance for doubtful accounts has a debit balance of 1200 at the end of the year before adjustment. the company
Assume further that the $1,600,000 is withdrawn ratably over the 2 year period, What is total cost of the line of credit
Indicate the amount the customer owes on the contract at the end of the first year.
Evaluate the consequences to a publically traded company when there is a lack of quality within financial accounting and reporting.
If management's projections are accurate, what will be Sombrero's excess foreign tax credit in the next taxable year? Assume all of the income is general.
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