Business, 21.04.2020 19:05 queenkimm26
Finch Painting Company is considering whether to purchase a new spray paint machine that costs $2,000. The machine is expected to save labor, increasing net income by $300 per year. The effective life of the machine is 15 years according to the manufacturerâs estimate. Required Determine the unadjusted rate of return based on the average cost of the investment
Answers: 3
Business, 22.06.2019 12:40
Acompany has $80,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. experience suggests that 6% of outstanding receivables are uncollectible. the current credit balance (before adjustments) in the allowance for doubtful accounts is $1,200. the journal entry to record the adjustment to the allowance account includes a debit to bad debts expense for $4,800. true or false
Answers: 3
Business, 22.06.2019 13:30
Jose recently died with a probate estate of $900,000. he was predeceased by his wife, guadalupe, and his daughter, lucy. he has two surviving children, pete and fred. jose was also survived by eight grandchildren, peteâs three children, naomi, daniel, nick; fredâs three children, heather, chris and steve; and lucyâs two children, david and rachel. joseâs will states the following âi leave everything to my three children. if any of my children shall predecease me then i leave their share to their heirs, per stirpes.â which of the following statements is correct? (a) under joseâs will rachel will receive $150,000. (b) under joseâs will chris will receive $150,000. (c) under joseâs will nick will receive $100,000. (d) under joseâs will pete will receive $200,000.
Answers: 1
Business, 22.06.2019 19:00
Describe how to write a main idea expressed as a bottom-line statement
Answers: 3
Business, 22.06.2019 20:50
The following accounts are from last yearâs books at s manufacturing: raw materials bal 0 (b) 157,400 (a) 172,500 15,100 work in process bal 0 (f) 523,600 (b) 133,700 (c) 171,400 (e) 218,500 0 finished goods bal 0 (g) 477,000 (f) 523,600 46,600 manufacturing overhead (b) 23,700 (e) 218,500 (c) 27,700 (d) 159,400 7,700 cost of goods sold (g) 477,000 s manufacturing uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. what is the amount of cost of goods manufactured for the year
Answers: 3
Finch Painting Company is considering whether to purchase a new spray paint machine that costs $2,00...
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