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In November sold $4,000 of gift cards. $700 of these was redeemed. In December sold $3,000 of gift cards, and redeemed $2,000 of November gift cards, and $400 of December gift cards. Fill journal entries appropriate to be recorded these transactions.
Assume a tax rate of 40 percent and that current losses can be used to offset taxable income in future years. What is present value of tax savings related to the operating losses in years 1 and 2?
Find the firm's cost of common equity using the CAPM approach and what is your estimate of Carpetto's cost of common equity?
Information for April follows. Assume that all materials are added at the beginning of its production process, and that direct labor and factory overhead are added uniformly throughout the process.
The cash equivalent price of the machine was $36,000. Hayes incurred and paid installation costs amounting to $1,500. What is the amount to be capitalized as the cost of the machine?
After all of the account balances have been extended to the Balance Sheet columns of the work sheet, the totals of the debit and credit columns are $25,250 and $21,825, respectively. Illustrate what is the amount of net income or net loss for the..
you bought a racehorse that had a winning streak for 4 years bringing in 500000 in the end of each year before dying of
Determine the depreciation rates per mile and the amount to be credited to the accumulated depreciation section of each of the subsidiary accounts for the mile operated during the current year.
Which one of the subsequent statements best explains why companies want to distinguish between direct and indirect costs?
Assume that Felde Company sells the same number of units in 2012 as it did in 2011. Illustrate what would the selling price have to be in order to reach the stockholders' desired profit level?
John, a resident of Metropolis, pays Metropolis an annual tax of $ 85 plus 1.6% of his annual income. If John paid $ 693 in tax, what was John income?
paid dividends of $80,000. If Kilmer’s ending retained earnings was $330,000, what was the company’s revenue for the year?
computation of projects irr and npv.blue snow has come up with a new composite snowboard.nbsp development will take
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