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Consider the following facts for Espresso Place:
(a) Beginning and ending Retained earnings are $44,000 and $70,000, respectively. Net income for the period is $61,000.
(b) Beginning and ending Plant assets, net, are $104,000 and $109,000, respectively. Depreciation for the period is $17,000, and acquisitions of new plant assets total $28,000. Plant assets were sold at a $5,000 gain.
Requirements
1. How much are cash dividends?
2. What was the amount of the cash receipt from the sale of plant assets?
Michael Friedman, Paul goldenheim, and Howard Udell were in executives at Purdue Frederick Company when it misbranded the drug OxyContin. The three were convicted of felony charges for misbranding the drug as a responsible corporate officers at a com..
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Consider an asset that costs $484,000 and is depreciated straight-line to zero over its 12-year tax life. The asset is to be used in a 6-year project; at the end of the project, the asset can be sold for $60,500.
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Which of these key organizational behaviors helps customers to interact with your organization?
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