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The Canton Movie Theatre is considering selling its old popcorn machine and replacing it with a newer one. The old machine originally cost $5,000 and has been fully depreciated. Annual costs are $4,000. Canton high school is willing to buy it for $1,000. New equipment would cost $18,000 and annual operating costs would be $1,500. The new machine has an estimated useful life of 5 years, and the old machine will last another 5 years.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />Please prepare a proposal and determine if we should replace the old equipment.
At the end of the year, 20% of the goods were still in X-Beams' inventory. Kent's reported net income was $300,000. What was the noncontrolling interest in Kent's net income?
Management estimates that it costs $500 to analyze and close a commerical loan. This amount has been included in the $250,000 of inderict costs. How much of the $250,000 indirect costs should be allocated to the Consumer Department?
2. The Bernard Company issues 8%, 10-year bonds with a par value of $250,000 and semiannual interest payments. On the date of issue, the annual market rate for these bonds is 10% and the selling price is 87 ½ .
Speedy paid $90,000 of the fuel cost in May, with the remainder paid in June. In addition, Speedy paid $15,000 in May to another fuel supplier in an effort to build up its supply of fuel. Calculate the amount of expense recognized in May under accr..
during 2009 the ellis corporation had 370000 shares of 20 par common stock outstanding. on january 1 2009 2000 8
silken corp. reported net income of 420000 for 2014. changes occurred in several balance sheet accounts as
materials used by the company in producing division cs product are currently purchased from outside suppliers at a cost
All of it pertains to an output level of 7 million units. Using this information, find the break-even point in units of output for the firm.
Which of the following is a variable cost
golden star company manufactures and sells a unique product that has been quickly accepted by the consumers. the
Tyrone is credited for $1000 as her share of the net income in a given perio, how much net income did the partnership earn in that period?
haskell brothers products inc. manufactures a liquid product in one department. due to the nature of the product and
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