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Paul Services is considering the purchase of a new coputer system to replace the one in operation.
Information on the new computer system follows:
Information on the computer system they now own follows:
The company uses the straight line method of depreciation with no mid-year convention. Their cost of capital is 7% and the tax rate is 30%.
Question:Use NPV to determine whether the new system should be purchased. Show all of the cost flows. Explain the decision-why or why not?(Some data above maybe useless)
Develop a memo to Texaco Inc’s chief accountant indicating the appropriate income tax allocation required for the above items, comprising the appropriate balance sheet presentation.
If the unearned revenue account hadan unadjusted normal balance of $4,800 and an adjustment was made debiting the account for $1,500, the account would appear on the adjusted trial balance of the work sheet as a :
Determine the number of equivalent units of production with respect to direct materials and conversion costs. Enter all amounts as positive numbers. If an amount is zero or a blank, enter in 0.
Bo Vonderweidt, the production manager for Sportway Corporation, had requested to have lunch with the company president. Vonderweidt wanted to put forward his suggestion to add a new product line
Spoiled Baby Corp (SPC) sells baby buggies. Recent changes in the law required SPC to warranty its products for 90 days and you must set up the required accounts. Historical Data indicates that 6% of monthly sales result in warranty claims. The Ju..
1 the dean company has sales of 500000 and the break-even point in sales dollars of 300000. determine the companys
Delmar's forklift cost $33,600, had accumulated depreciation of $27,600, and has a fair market value of $3,600. Hamilton's forklift cost $25,200, had accumulated depreciation of $21,600, and has a fair market value of $3,600. a- journalize the exc..
mainline sports has just acquired a new business van at a cash price of 70000. unfortunately mainline only had 10000
Prepare journal entries to record issuance of the stock options, termination of stock options, exercise of the stock option and the charges compensation expense for year ending 12/31/2010, 12/31/2011, 12/31/2012"
Global sells $1,350,000 face value of convertible bonds at a price of 101.Global realizes proceeds of $ 1,363,500.The ten year bonds carry an interest rate(coupon rate) of 6% with interest paid semi annually.
A company uses the weighted average method for inventory costing
china toys manufacturing company ltd. had a fire that completely destroyed the factory premises. only few accounting
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