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1. What is a modified accelerated cost recovery system (MACRS)? Speculate as to why this system is now required for tax purposes.
List some Accounting Information system (AIS) and Management information system.
Identify the three components of the CPU and explain the role of each.
the following is a partial trial balance for general lighting corporation as of december 31 2013 account title debits
Analyzing an Inventory Footnote Disclosure.General Electric Company reports the following footnote in its 10-K report.
Comprehensive Income Disclosure assume the same information as E17-9 and that Wenger, Inc. reports net income in 2010 of $120,000 and in 2011 of $140,000.
Explain the 3 standard setters in G&NP Accounting
1. another name for the statement of revenue and expenses financial accounting report is the statement of cash flows.2.
salta company installs a manufacturing machine in its factory at the beginning of the year at a cost of 87000. the
at the end of year 1 lane co. held trading securities that cost 86000 and had a year-end market value of 92000. during
Doris Co. is considering purchasing a new machine which will cost $200,000, but which will decrease cash expenses each year by $20,000. The useful life of the machine is 10 years.
a financial manager has 68000 dollars to invest. part of the money is invested in tax free bonds at 3 interest and the
discuss the key factors that generate a strong buy or sell ranking and explain the primary ways in which an investment
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