Mcaffee owns 5 coffee machines for which it paid $5,000 each. it owned furniture that it purchased for $10,000. there is no cash or liquid asset on the balance sheet. the coffee machines and the furniture have just been bought and have zero depreciation. the owners of mcaffee borrowed $15,000 to finance these investments. they contributed the rest from their own money. the bank charges 10% interest rate on the loan and it requires mcaffee to pay.
prepare the journal entry

Double corporation acquired all of the common stock of simple company for

What are two benefits of consumer programs

Areal estate agent is considering changing her cell phone plan. there are three plans to choose from, all of which involve a monthly service charge of $20. plan a has a cost of $.42 a minute for daytime calls and $.17 a minute for evening calls. plan b has a charge of $.52 a minute for daytime calls and $.15 a minute for evening calls. plan c has a flat rate of $80 with 275 minutes of calls allowed per month and a charge of $.38 per minute beyond that, day or evening.a. determine the total charge under each plan for this case: 150 minutes of day calls and 70 minutes of evening calls in a month. (do not round intermediate calculations. round your answer to 2 decimal places. omit the "$" sign in your response.)c. if the agent will use the service for daytime calls, over what range of call minutes will each plan be optimal? (round each answer to the nearest whole number.include the indifference point itself in each answer.)d. suppose that the agent expects both daytime and evening calls. at what point (i.e., percentage of total call minutes used for daytime calls) would she be indifferent between plans a and b?