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A company is considering the purchase of a new machine that will cost the company $30,000 and will be worth zero at the end of 3 years. Their current tax rate is 20% and they will depreciate the machine $10,000 over the next 3 years. The cost of capital is 4% for the company. What is the net present value of the investment of the machine?
STANISLAW CORPORATION TRIAL BALANCE-Customers acknowledged indebtedness of $54,100 at April 15, 2013. It was also estimated that customers owed another $8,700 that will never be acknowledged or recovered. Of the acknowledged indebtedness, $780 will p..
Is the offer from the outside supplier financially attractive and why
Prepare journal entries to record the following four separate issuances of stock. 1. A corporation issued 2,500 shares of no-par common stock to its promotoers in exchange for their efforts, estimated to be worth $43,500. The stock has no stated v..
On the basis of this information, what will be the forecast for Roberts' year-end net income and Calculation of net income
On January 1, 2012, Lake Co. purchased a machine for $1,320,000 and depreciated it by the straight-line method using an estimated useful life of eight years with no salvage value. On January 1, 2015, Lake determined that the machine had a useful life..
questioncash is king inc a calendar year-end sec registrant is a leading automotive retail as well as service chain.
What loss, if any, could Sound Audio report in its 2013 income statement? What liability, if any, should Sound Audio report in its 2013 balance sheet?
The liability policy was $36,000 for eighteen-months, and the crop damage policy was $12,000 for a two-year term. What was the balance in Eve's prepaid insurance as of December 31, 20X8?
Wiley Company had total revenues of $300,000 for a recent month. During the month the company incurred operating expenses of $205,000 and purchased land for $45,000. Compute amount of Wiley's net income for the month.
questionvial-tek has a current loan in the amount of 3.5 million with an annual interest rate of 9.5. the company
Identify and describe accountants' exposure to lawsuits and loss judgments. Describe the SEC activities and literature involved in the regulation of accounting. Specify the characteristics of accountants' liability under common law, and cite a specif..
In one year, a company had $30,000 Sales Revenue on credit. At the start of the year, the Accounts Receivable showed a $6,000 debit balance and the Allowance for Doubtful Accounts showed a $400 credit balance.
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