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At the beginning of Year 1, Herkimer & Co. purchases a group of 7 laptops for its new hires. The laptops are purchased for $2,300 each with a residual value of $500 each. Herkimer & Co. expects the laptops to be used for three years.Compute the depreciation rate per year for the group.
What was the total amount of manufacturing costs assigned to the 5,000 units in the ending work in process?
the coca-cola company uses an eva approach to performance measure which it calls economic profit. go to coca-colas
situation 1 at the end of 2xxx winchester company had a balance in accounts receivable of 43500. after aging its
Assume the same facts as in part a, except the company expects 9,500 sales in 2015. What are the expected total costs and expected costs per unit for 2015?
in 1986 a texas jury awarded the pennzoil corporation 12 billion after deciding that texaco had illegally interfered
what are the different ways to estimate bad debt? how does this affect net income? what does generally accepted
Why is it important to consolidate financial statements? When should financial statements be consolidated? What are the pros and cons of consolidating financial statements? Include limitations, if any.
Brown earned net operating income of $80,000 and had a long-term capital loss of $3,000. Also, Jay withdrew $40,000 from the corporation. Jay must report $80,000 of Brown Corporation income and may deduct the $3,000 loss on his individual Federal ..
blackrock company received a 6-month 12 note for 100000 from its president on november1 2010. the note is due on april
Explain some common internal controls that a company might have in place. What are they designed to protect? What are the reporting requirements regarding internal controls in the Sarbanes-Oxley Act?
larry james is planning to invest 25200 today in a mutual fund that will provide a return of 0.09 each year. what will
You buy an investment today for $9,000. You sell the investment in 120 days for $9,500. The effective annual rate on this investment is:
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