was in transit. 3. Paid $850 sales taxes on new delivery truck. 4. Paid $17‚500 for parking lots and driveways on new plant site. 5. Paid $250 to have company name and advertising slogan painted on new delivery truck. 6. Paid $8‚000 for installation of new factory machinery. 7. Paid $900 for one-year accident insurance policy on new delivery truck. 8. Paid $75 motor vehicle license fee on the new truck. Instructions (a) Explain the application of the cost principle in determining the acquisition
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Transactions Accounting Principles General Journal Cash Account Purchases ledger Sales ledger General ledger Trail Balance Jan 1 Started business by borrowing a loan of $50 000 from the Centrex Commercial Bank which was invested into the business along with his personal savings of $50 000. The loan carries an interest rate of 12% per annum. The following transactions took place during the year. 1 Purchased the following assets and paid for them by cash: Furniture and Fittings
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measures have been gathered and appear below: Month 1 2 3 4 Wait time per order before start of production‚ in days 16.7 15.2 12.3 9.6 Inspection time per unit‚ in days 0.1 0.3 0.6 0.8 Process time per unit‚ in days 0.6 0.6 0.6 0.6 Queue time per unit‚ in days 5.6 5.7 5.6 5.7 Move time per unit‚ in days 1.4 1.3 1.3 1.4 Required: 1. For each month‚ compute the following operating performance measures: a. Throughput
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Question : What factors are used in determining a person’s FICO score? Student Answer: Outstanding debt Length of credit history past payment history all of the above Points Received: 2 of 2 Comments: Question 2. Question : What new debt instruments compete for funds with government bonds‚ corporate bonds‚ and stocks that are low risk securities that have higher yields than comparable government bonds and attract funds from around the
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ACC 422 Week 4 WileyPLUS Assignment To purchase this material click http://www.assignmentcloud.com/ACC-422/ACC-422-Week-4-WileyPLUS-Assignment For more classes visit www.assignmentcloud.com ACC 422 Week 4 WileyPLUS Assignment Exercise 11-4 Wenner Furnace Corp. purchased machinery for $650‚070 on May 1‚ 2012. It is estimated that it will have a useful life of 10 years‚ salvage value of $34‚950‚ production of 559‚200 units‚ and working hours of 25‚000. During 2013‚ Wenner Corp. uses the machinery
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PSYC 306 - Week 2 Presentations Hallucinogenics Todd Clements‚ MD Every culture has plants that have psychedelic properties Been used for thousands of years for religious ceremonies and medicinal purposes Now a days we are speaking about chemicals‚ that are much more potent than the plants up to a 1000 times stronger Talk about the “big 4” LSD- Lysergic Acid Diethylamide Ecstasy- MDMA Ketamine PCP Phencyclidine Hydrochloride “Go on a trip” Can be good or bad Good Trip Mellow
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(Answer must be expressed in years‚ months and days) Calculate the Accounting Rate of Return (ARR) for Project A. (Answer expressed to two decimal places) Calculate the Net Present Value (NPV) of Project B and Project C Calculate the Internal Rate of Return (IRR) of Project B (Answer expressed to
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the assignment: Due date as indicated in course syllabus: Exact Date and time in MST: Research Proposal and Outline Four part proposal and six parts outline (60 pts.). Week 4 in Drop box 03/31/2013. 11:59 pm Annotated Bibliography List and summary of at least five sources (100 pts.). Week 5 in Drop box 04/07/2013. 11:59 pm First Draft of Research Paper Draft of first three sections of final paper‚ including introduction‚ thesis statement‚ and problem section (60 pts.). Week 6 in Drop box 04/14/2013
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Week 1‚ DQ 1: How would you describe the entries to record the disposition of accounts receivables? What is their function? Since the majority of US thrive on the use of credit cards‚ the accounts receivables for a company may no longer be on a cash-to-cash basis. A company may need to sell these accounts to other companies who specialize in handling accounts receivables if they need cash more quickly or if it would be too costly to perform the necessary billing to collect on the account. The
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U1-40 (30 min) Benefit-cost analysis—add a project a. and b. | Income Statement | New contract changes | Dollar impact of new contract | Income with new contract | Sales revenue | $ 1‚500‚000 | $ 200‚000 | $ 200‚000 | $ 1‚700‚000 | Costs | | | | | Labor | 700‚000 | 175‚000 | 175‚000 | 875‚000 | Equipment lease | 104‚000 | 12% | 12‚480 | 116‚480 | Rent | 120‚000 |
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