A leveraged buyout refers to a(n): a. restructuring action whereby a party buys all of the assets of a business, financed largely with debt, and takes the firm private. b. firm restructuring itself by selling off unrelated units of the company's portfolio. c. firm pursuing its core competencies by seeking to build a top management team that comes from a similar background. d. action where the management of the firm and/or an external party buys all of the assets of a business financed largely with equity.

Amachine purchased three years ago for $720,000 has a current book value using straight-line depreciation of $400,000: its operating expenses are $60,000 per year. a replacement machine would cost $480,000, have a useful life of nine years, and would require $26,000 per year in operating expenses. it has an expected salvage value of $130,000 after nine years. the current disposal value of the old machine is $170,000: if it is kept 9 more years, its residual value would be $20,000. calculate the total costs in keeping the old machine and purchase a new machine. should the old machine be replaced?

Kenney co. uses process costing to account for the production of canned energy drinks. direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. equivalent units have been calculated to be 19,200 units for materials and 16,000 units for conversion costs. beginning inventory consisted of $11,200 in materials and $6,400 in conversion costs. april costs were $57,600 for materials and $64,000 for conversion costs. ending inventory still in process was 6,400 units (100% complete for materials, 50% for conversion). the total cost per unit using the weighted average method would be closest to:

What is the state tax rate for a resident of arizona whose annual taxable income is $18,000?