Entries by mary WAMBUGU

Roscoe Enterprises has SEILE for a three-month period as follows: May, $255,flflfl; June, $265,000; July, $2 moon.

September 10, 2019 in /by

Roscoe Enterprises has SEILE for a three-month period as follows: May, $255,flflfl; June, $265,000; July, $2 moon. All sales are on account, and history.r has. shown that accounts receivable are typimlljr collected 15% in the month of me saLe, 55% in the month after the file, and 3am two monfl15 after the Sale. What are […]

 

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Sapphire Hotel Corporation recently purchased Diamond Hotel and the land on which it is located with the plan to tear down the Diamond Hotel and build a new luxury hotel on the site. The cost of the Diamond Hotel should be

September 10, 2019 in /by

Sapphire Hotel Corporation recently purchased Diamond Hotel and the land on which it is located with the plan to tear down the Diamond Hotel and build a new luxury hotel on the site. The cost of the Diamond Hotel should be Question 1 options: a)  capitalized as part of the cost of the land. b)  […]

 

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Big Brothers, Inc. borrows $244,749 from the bank at 6.34 percent per year, compounded annually, to purchase new machinery.

September 10, 2019 in /by

Big Brothers, Inc. borrows $244,749 from the bank at 6.34 percent per year, compounded annually, to purchase new machinery. This loan is to be repaid in equal annual installments at the end of each year over the next 9 years. How much will each annual payment be?   Looking for a Similar Assignment? Order now […]

 

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Federal Parcel Service, an international delivery service, is considering eliminating operations in Canada. If the company dropped the Canadian market, it would lose revenues of $1,000,000 annually.

September 10, 2019 in /by

Federal Parcel Service, an international delivery service, is considering eliminating operations in Canada. If the company dropped the Canadian market, it would lose revenues of $1,000,000 annually. Management assigns costs of $1,150,000 ($800,000 variable and $350,000 fixed) to the Canadian market. Therefore, the Canadian market has an apparent annual loss of -$150,000 per year ($1,000,000 […]

 

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