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Aker Company had beginning net fixed assets of $670,000 and ending net fixed assets of $910,000. Assets valued at $75,000 were sold during the year. Depreciation was $62,000. What is the amount of net capital spending?
A) $240,000
B) $315,000
C) $302,000
D) $377,000
E) $227,000
Angie invested $250,000 she received from her grandmother today in a fund that is expected to earn 10% per annum. To what amount should the investment grow in five years if interest is compounded semi-annually?
One of your customers is delinquent on his accounts payable balance. how long will it take for the account to be paid off?
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Find the present value of $500 due in the future under each of these conditions: Find the future values of these ordinary annuities.
Dr. D, a dentist, performed a root canal for a patient and charged him $300. The patient paid $100, then left town, never to be seen again. What is the amount of bad debt deduction, if any, that D may claim assuming that she is a cash basis taxpayer?
describe and analyze the practice/mechanism of Asset-liability Management (ALM),
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Suppose a stock had an initial price of $82 per share, paid a dividend of $1.20 per share during the year, and had an ending share price of $90. What was the dividend yield and the capital gains yield? (Do not round intermediate calculations. Enter y..
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