Orion flour mills purchased a new machine and made the following expenditures:
purchase price $ 62,000
sales tax 5,350
shipment of machine 870
insurance on the machine for the first year 570
installation of machine 1,740

the machine, including sales tax, was purchased on account, with payment due in 30 days. the other expenditures listed above were paid in cash.

required:
record the above expenditures for the new machine.

Amano s preguntes cationing to come fonds and consumer good 8. why did the u.s. government use rationing for some foods and consumer goods during world war ii?

Bonds often pay a coupon twice a year. for the valuation of bonds that make semiannual payments, the number of periods doubles, whereas the amount of cash flow decreases by half. using the values of cash flows and number of periods, the valuation model is adjusted accordingly. assume that a $1,000,000 par value, semiannual coupon us treasury note with three years to maturity has a coupon rate of 3%. the yield to maturity (ytm) of the bond is 7.70%. using this information and ignoring the other costs involved, calculate the value of the treasury note:

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