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1. At the beginning of 2009, Robotics Inc. acquired a manufacturing facility for $12 million. $9 million of the purchase price was allocated to the building. Depreciation for 2009 and 2010 was calculated using the straight-line method, a 25-year useful life, and a $1 million residual value. In 2011, the estimates of useful life and residual value were changed to 20 years and $500,000, respectively. What is depreciation on the building for 2011?
On January 1, 2010, Fishbone Corporation sold a building that cost $262,300 and that had accumulated depreciation of $101,600 on the date of sale. Fishbone received as consideration a $251,400 noninterest-bearing note due on January 1, 2013.
scenarionbsp rytnbsp aka rotyourteeth candy company sells lollipops.last year the company sold 10000000 lollipops for
What is the difference in the percentage of the firm's pre-tax income that investors actually receive and can spend under the corporate and partnership forms of organization?
Your company uses LIFO and is having an unexpectedly good year. It is near year end, and you need to keep net income from increasing too much in order to save on income tax.
a company borrowed 50000 cash from the bank and signed a 6-year note at 7. the present value factor for an annuity for
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abc corporation is authorized to issue 50000 shares of 50 par value preferred stock and 750000 shares of 5 par value
locate the companys most current balance sheet by selecting about staples and then clicking investor information. 1.
Which cost flow method results in the highest inventory amount for the balance sheet? The highest cost of goods sold for the income statement?
Determine the earnings per share of common stock under the two alternative financing plans, assuming income before bond interest and income tax is $1,000,000. Round answers to 2 decimal places if required.
an employee earns 40 per hour and 1.75 times that rate for all hours in excess of 40 hours per week. assume that the
What was the amount of the cost of goods sold
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