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Pinder co produces and sells high quality video equipment. to finance its operations pinder co issued $25,000,000 of five year, 7% bonds, with interest paybale semiannually at a market interest rate of 9%. Determine the present value of the bonds payable, round to the nearest dollar.
Sugar Corp has a selling price of $21, variable costs of $11 per unit, and fixed costs of $21,500. Sugar expects profit of $314,000 at its anticipated level of production. If Sugar sells 4,600 units more than expected, how much higher will its profit..
Under what circumstances might Armstrong use a different cost accounting system - Finding the circumstance might Armstrong use a different cost accounting system.
At the beginning of 2011, there was $2,000 of materials on hand. During the year, the company purchased $305,000 of materials; however, it paid for only $292,500. Explain how much inventory was requisitioned for use on jobs during 2011?
You can invest in a machine that costs $500,000. You can expect revenues net of any expense, except machine costs, of $150,000 at the end of each year for five years. You will subcontract the maintenance costs at a rate of $20,000 a year, to be paid ..
variable costing income statement reconciliationwhitman company has just completed its first year of operations. the
The preferred stock was issued in exchange for the land and buildings - Journalize the two entries to record the transactions summarized in the trial balance.
Classification of items - Classify each of the above accounts as an asset (A), liability (L), stockholders' equity (SE), revenue (R), or expense (E) item.
computing cost of usagenbsp per customer using the data given.calumet inc is investigating its phone ordering costs and
brandywire homecare a not for profit business had revenues of 12 million in 2007. expenses other thatn depreciation
Assess how closely the company adheres to the Ingram-Lee model in absolute and relative terms: If income increases, does cash flow increase at a lesser rate? Does investing have net outflows and financing have net cash inflows?
Create the appropriate journal entry to record the purchase on 1 st April, 20X7 and create the appropriate journal entry to record the year-end discount amortization on December 31, 20X7.
On July 1, 2008, Falk Company signed a contract to lease space in a building for 20 years. The lease contract calls for annual (prepaid) rental payments of $90,000 on each July 1 throughout the life of the lease and for the lessee to pay for all a..
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