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The following transactions occurred at the Lionel Corporation in 2010. Use this information to prepare Lionel's schedule of cash flows from investing activities. A) The company sold a used truck for $4,000 in cash. The original cost of the truck was $19,000. Depreciation of $14,000 had been deducted.B) The company purchased some new equipment for $25,000.
many accounting writers have emphasized the effect that the allocation of fixed overhead can have on managerial
dakota manufacturing inc. normally produces 10000 units of product a each month. each unit requires four hours of
During the year 2010, the corporation earned $600,000 after deducting all expenses. The tax rate was 30%. Calculate 1. Earnings per share 2. Earnings per share assuming bond conversion
If the standard deviation of demand is six per week, demand is 50 per week, and the desired service level is 95%, approximately what is the statistical safety stock?
Discuss the difference between variable costing and full costing. Why would income computed under full costing exceed income computed under variable costing if production exceeds sales?
No selling and administrative expenses would be applicable to either order; transportation charges are to be paid by the buyer. Which order should the company accept?
geoff incurred 900000 of mining and exploration expenditures. he elects to deduct the expenditures as quickly as the
The plan has a $2,000 deductible, but his employer contributed $1,500 to Rex' s HAS. Rex withdrew only $800 from the HAS, and the account earned $50 interest during the year.
rooters cleaning services provided data concerning the costs incurred to clean hotel rooms for which hotel customers
what is the four-digit number in which the first digit is 13 of the second the third is the sum of the first and second
the balance sheet of werther company showed the following data about its common stock par 1 authorized shares 10000000
Identifiable net assets were equal to their carrying amounts
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