Laguna manufacturing is considering replacing a piece of equipment with a newer, more efficient model. the old equipment was purchased several years ago for $112,500 and has annual operating costs of $150,000, accumulated depreciation of $45,000, and a 5-year remaining useful life with a $0 salvage value. the new equipment costs $187,500, has annual operating costs of $120,000, and has a 5-year useful life with a $0 salvage value. if the new equipment is purchased, the old equipment could be sold for $30,000 today. which of the following amounts is irrelevant to the replacement decision? a. $59,500 b. $68,500 c. $87,000 d. $95,500

Acompany using the perpetual inventory system purchased inventory worth $540,000 on account with credit terms of 2/15, n/45. defective inventory of $40,000 was returned 2 days later, and the accounts were appropriately adjusted. if the company paid the invoice 20 days later, the journal entry to record the payment would be

You are thinking of making your mansion more energy efficient by replacing some of the light bulbs with compact fluorescent bulbs, and insulating part or all of your exterior walls. each compact fluorescent light bulb costs $4 and saves you an average of $2 per year in energy costs, and each square foot of wall insulation costs $1 and saves you an average of $0.20 per year in energy costs.† your mansion has 150 light fittings and 3000 sq ft of uninsulated exterior wall. to impress your friends, you would like to spend as much as possible, but save no more than $750 per year in energy costs (you are proud of your large utility bills). how many compact fluorescent light bulbs and how many square feet of insulation should you purchase? how much will you save in energy costs per year? (if an answer does not exist, enter dne.)

According to herman, one of the differences of managing a nonprofit versus a for-profit corporation is