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Wolford Company borrowed $750,000 from U.S. Bank on January 1, 2009 in order to expand its mining capabilities. The five-year note required annual payments of $195,327 and carried an annual interest rate of 9.5%. What is the amount of expense Wolford must recognize on its 2010 income statement?
vazquez companys cost of goods sold is 350000 variable and 200000 fixed. the companys selling and administrative
on february 1 2012 buffalo corporation issued 2870 shares of its 7 par value common stock for land worth 36160.prepare
james company put up 200000 for a project that will return 50000 each year for four years. 120000 is for equipment that
Describe the methodology for the direct and indirect cash flow methods including the major cash flow categories of operating, investing, and financing activities and give examples of each activity. Describe the relationship between the beginnin..
complete the following exercise. submit journal entries in an excel file and written segments in an ms word document.
texas product corporation begins operation on april 1 2012. the firm engages in the following transaction during
Over the past year, you earned 11.9% overall on your investments. During that period, the inflation rate was 2.3% and the risk-free of risk-free rate of return was 3.2%. What real rate of return did you earn?
Give Sapling's entries reflecting the purchase of wood chipper. Give Fir's entries reflecting the sale of wood chipper.
pro inc. had the following activities during its most recent period of operationsa purchased raw materials on account
natural fragrance inc. began operations on january 1 2012. the company produces a hand and body lotion in an
a corporate bond has a face value of 1000 and a coupon rate of 6.5. the bond matures in 10 years and has a current
magellan corporation acquired 80 percent ownership of dipper corporation on january 1 20x8 for 200000. at that date
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