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Lamar Company invested in an eqipment in a project with 8 years life and required $240,000. At the end of the 8th year, the project will be determined and the group will have 0 salvage value
Sales $300,000
Valiable expense $180,000
Contribution Margin $120000
Marketing Expense $70,000
Depreciation $30,000
Net Operating Income $20,000
Lamars discount rate is 12%. If the discount rate and the present value of an annuity of $1 at 12% for 8 years is 4.968 what is the present value of the salvage value?
Prepare a report on the History of International Accounting Standard
If Jeff worked 55 hours, how many hours of overtime will Jeff earn?
purchased 100000 of u.s. treasury 6 bonds paying 102 plus accrued interest of 1000. the security is to be held
journalize the following entries on the books of the borrower and creditor. assume a 360-day year is used for interest
Fungus Audio Works Inc. warrants its products for one year. The estimated product warranty is 3% of sales. Assume that sales were $680,000 for January. In February, a customer received warranty repairs requiring $4,200 of parts.a. Determine the warra..
Give the journal entries to issue the bonds and pay each of the first two interest payments to bondholders.
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Describe why the trend in gross margins shown in part b is a better indicator of Stride-Rite's performance than thereported gross margins.
Without prejudice to your solution in part a, assume that the issue price was $884,000. Prepare the amortization table for 2008, assuming that amortization is recorded on interest payment dates.
The underlying rationale for the alimony rules is that: 1. The fruit and tree metaphor should be rigorously applied.
following balance sheet of ms combined industries relates to the year ended december 31 2000.assetrsliabilities and
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