Al’s Car Wash purchased a piece of equipment on October 1, 20×7, for $27,000. The equipment has an estimated life of four years or 40,000 units of…

Al’s Car Wash purchased a piece of equipment on October 1, 20×7, for $27,000. The equipment has an estimated life of four years or 40,000 units of production and an estimated residual value of $2,000. Compute depreciation for 20×7, 20×8, and 20×9 using the following methods: (a) straight-line, (b) production, and (c) double-declining-balance. Assume that the company’s fiscal year corresponds to the calendar year and […]

04/05/2022

Business and Finance Essay Help D

Hatch corp target capital structure is 40% debt, 50% common stock, and 10% preferred stock. Information regarding the company’s cost of capital can…

Hatch corp target capital structure is 40% debt, 50% common stock, and 10% preferred stock. Information regarding the company’s cost of capital can be summarized as follows:-the company may borrow money from the bank at 8%-the company’s common stock sells for $20 a share, and is expected to pay a dividend of $2 a share at the end of the year. The dividend is expected […]

04/05/2022

Business and Finance Essay Help D

The Chung Chemical Corporation is considering the purchase of a chemical analysis machine.

The Chung Chemical Corporation is considering the purchase of a chemical analysis machine. Although the machine being considered will result in an increase in earnings before interest and taxes of $40,000 per year, it has a purchase price of $140,000, and it would cost an additional $5,000 to properly install the machine. In addition, to properly operate the machine, inventory must be increased by $7,000. […]

04/05/2022

Business and Finance Essay Help D

A company sold equipment with a book value of $9,000 at a gain of $2,500.

A company sold equipment with a book value of $9,000 at a gain of $2,500. How much will be reported in the investing activities section of the statement of cash flows as cash received upon the sale of the equipment? a. The cash received upon the sale of the equipment was $6,500. b. The cash received upon the sale of the equipment was $13,000. c. […]

04/05/2022

Business and Finance Essay Help D

“Rainier Bros. has 12.0% semiannual coupon bonds outstanding that mature in 10 years. Each bond is now eligible to be called at a call price of…

“Rainier Bros. has 12.0% semiannual coupon bonds outstanding that mature in 10 years. Each bond is now eligible to be called at a call price of $1,060. If the bonds are called, the company must replace them with new 10-year bonds. The flotation cost of issuing new bonds is estimated to be $45 per bond. How low would the yield to maturity on the new […]

04/05/2022

Business and Finance Essay Help D

Columbiana is a small, independent island in the Caribbean that wants to develop its tourist industry and attract more visitors.

Columbiana is a small, independent island in the Caribbean that wants to develop its tourist industry and attract more visitors. The island has historical buildings, rain forests, mountains, beaches, first-class hotels, tropical agricultural products, etc. When writing your paper, it should be at least three pages and include the business model, domain name, and web hosting options. Answer the following questions: What Internet business model […]

04/05/2022

Business and Finance Essay Help D

Interest versus dividend income During the year just ended, Shering Distributors, Inc., had pretax earnings from operations of $490,000. 1

Interest versus dividend income During the year just ended, Shering Distributors, Inc., had pretax earnings from operations of $490,000. In addition, during the year it received $20,000 in income from interest on bonds it held in Zig Manufacturing and received $20,000 in income from dividends on its 5% common stock holding in Tank Industries, Inc. Shering is in the 40% tax bracket and is eligible […]

04/05/2022

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The standards for one carton of Flavor Rite are: Direct Materials 3.21 lbs @$6.00/1b Direct Labor 2.4hrs @$10.00/hr This time has not expired. Please…

The standards for one carton of Flavor Rite are:Direct Materials 3.21 lbs @$6.00/1bDirect Labor 2.4hrs @$10.00/hrDuring the week ended May 17, the following activity took place:• 4,800 lbs. of raw material were purchased for inventory at a cost of $5.60 per pound;• 1,200 cartons of finished product were produced;• 4,020 lbs. of raw material were used;• 3,110 labor hours were worked at a total cost […]

04/05/2022

Business and Finance Essay Help D

Explain and comment on few important concepts in Finance market?

Explain and comment on few important concepts in Finance market? After article by Ronnie Ann http://www.personal-finance-site.com/guide-to-basic-finance-concepts/ Let’s start with how banks work products It’s a Wonderful Life So where does your money go? trickle down theory How Banks Create Money What about bank interest rates? Now let’s look at an example Where do these bank interest rates come from? Fed Funds Rate Some basic bank […]

04/05/2022

Business and Finance Essay Help D

COST ACCOUNTING; 16.1 (Activity analysis) The following activities are common at Pisana’s Department Store.

COST ACCOUNTING; 16. LO.1 (Activity analysis) The following activities are common at Pisana’s Department Store. Goods are received with barcodes attached that can be read by scanners but not by customers. 1. Attending trade shows to view new products 2. Reviewing supplier catalogs 3. Ordering merchandise 4. Waiting for shipments to be received 5. Inspecting goods for damage 6. Matching receiving reports and purchase orders […]

04/05/2022

1…2,500 2,5012,5022,503 2,504…3,071

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