Business, 19.12.2019 00:31 SupremeNerdx
The management of petro garcia inc. was discussing whether certain equipment should be written off as a charge to current operations because of obsolescence. this equipment has a cost of $ 2,058,300 with depreciation to date of $ 914,800 as of december 31, 2014. on december 31, 2014, management projected its future net cash flows from this equipment to be $ 686,100 and its fair value to be $ 526,010 .the company intends to use this equipment in the future. prepare the journal entry (if any) to record the impairment at december 31, 2014.at december 31, 2015, the equipment
Answers: 3
Business, 21.06.2019 22:50, nourmaali
Which of the following statements is true? a job costing system will have a separate work in process account for each of the major processes. a process costing system will have a single work in process account. a process costing system will have a separate raw materials account for each of the major processes. a process costing system will have a separate work in process account for each of the major processes.
Answers: 3
Business, 22.06.2019 19:00, Anonymouslizard
All of the following led to the collapse of the soviet economy except a. a lack of worker incentives. c. inadequate supply of consumer goods. b. a reliance on production quotas. d. the introduction of a market economy.
Answers: 1
Business, 22.06.2019 19:30, livimal77
At december 31, 2016, pina corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,810 shares $10,781,000 common stock, $5 par, 4,026,000 shares 20,130,000 during 2017, pina did not issue any additional common stock. the following also occurred during 2017. income from continuing operations before taxes $21,950,000 discontinued operations (loss before taxes) $3,505,000 preferred dividends declared $1,078,100 common dividends declared $2,300,000 effective tax rate 35 % compute earnings per share data as it should appear in the 2017 income statement of pina corporation
Answers: 1
The management of petro garcia inc. was discussing whether certain equipment should be written off a...
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