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The Tobias Company has 12 obsolete computers that are carried in inventory at a cost of $13,200. If these computers are upgraded at a cost of $7,500, they could be sold for $19,500. Alternatively, the calculators could be sold "as is" for $9,000. What is the net advantage or disadvantage of re-working the computers?
A business issued a 60-day, 7% notes for $ 15,000 to a creditor on account. Illustrate the effects on the accounts and financial statements of recording (a) the issuance of the note and (b) the payment of the note at maturity, including interest.
Faye owns the land on which Golden Spurs Ranch is situated, plus the ranch house, barn, and other structures permanently attached to the land. Faye's brother Huey owns everything else in the ranch's operation--livestock, feed, and so on. The perso..
ingrid is a recent immigrant from denmark with a valid u.s. work permit. she has applied for work on the wait staff at
Determine the total variable cost, the variable cost per unit, and the total contribution margin.
what are the primary functions of the foreign exchange market? who are the participants in the market? how do global
ziam is considering an offer to perform his own songs on a cd to be titled waiting there. in the past he has written
Leslie died on October 31, 2011. Prior to 2009, Leslie had never made any gifts, but in 2010 she made some transfers. Specifically, on January 10, 2010, Leslie gave her vacation beach house to her five children as tenants in common.
What is the total cost of building 8 picture frames by a new employee using the cumulative average-time method?
What was the amount of Stoop's earnings that should be included in calculating consolidated diluted earnings per share?
Kate Greenway Corporation, having recently issued a $20 million, 15-year bond issue, is committed to make annual sinking fund deposits of $620,000. The deposits are made on the last day of each year and yield a return of 10%. Will the fund at the ..
desrevisseau inc. a manufacturing company has provided the following data for the month of august. the balance in the
the inventory accounts for billings incorporated for the years ending december 31 2011 2012 and 2013 are shown in the
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