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Under the terms of his salary agreement, president Bob Wnek has an option of receiving either an immediate bonus of $40,000or a deferred bonus $75,000 payable in ten years. Assuring an interest rate of 8%, should Bob take the $40,000 today or take the $75,000 ten years from now?
a company had fixed interest expense of 7500 its income before interest expense and any income taxes is 16000 and its
When property is transferred, the gift tax is based on:
derek purchases a small business from arton september 1 2008. he paid the following amounts for the business.fixed
A new employee suggests that Racer Industries sponsor a company 10-K as a form of advertising. The cost to sponsor the event is $7,200. How many more units must be sold to cover this cost?
Calculate the firm's 2003 earnings per share (EPS). How large a per share cash dividend did the firm pay on common stock during 2003?
the balance sheet for bearing industries inc. at the end of the current fiscal year indicated the following bonds
On June 1 Fix-It-Up Service Co. was started with an initial investment in the company of $26,200 cash. Here are the assets and liabilities of the company at June 30, andthe revenues and expenses for the month of June, its first month of operations..
Explain the consequences of NOT eliminating a sale and purchase of a fixed asset between two companies within the group. Assume that the sale and purchase has resulted in a loss on sale.
what are the components of wacc? which component has the most significance in the total? over which component does
Why might a bank statement reflect a balance that is larger than the balance recorded in the depositor's books? What could cause the bank balance to be smaller than the book balance?
what are the components of the audit risk model? how does the audit risk model affect an audit
Which of the following audit tests would be regarded as a test of a control? A) Test of the specific itmes making up the balance in a given general ledger account. B) Tests confirming receivables
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