The trial balance after adjustment had the following balances on December 31, 2019. Use this information to answer the following questions. (in $ thousands)
Cash $45
Accumulated Depreciation $20
Accounts Payable 4
Dividend 15
Prepaid Expenses 2
Unearned Revenue 18
Building 600
Inventory 22
Common Stock 633
Notes Payable (due March 2022) 33
Land 60
Accounts Receivable 17
Service Revenue 104
Depreciation Expense 15
Wage Expense 50
Rent Expense 14
Misc. Expense 3
Patent 11
Wages Payable 12
Retained Earnings (Jan 1, 2019) 30
Determine Net Income for the year 2019.
Answers: 3
Business, 22.06.2019 10:50, jadeafrias
You are evaluating two different silicon wafer milling machines. the techron i costs $285,000, has a three-year life, and has pretax operating costs of $78,000 per year. the techron ii costs $495,000, has a five-year life, and has pretax operating costs of $45,000 per year. for both milling machines, use straight-line depreciation to zero over the project’s life and assume a salvage value of $55,000. if your tax rate is 24 percent and your discount rate is 11 percent, compute the eac for both machines.
Answers: 3
Business, 22.06.2019 12:50, iamhayls
In june 2009, at the trough of the great recession, the bureau of labor statistics announced that of all adult americans, 140,196,000 were employed, 14,729,000 were unemployed and 80,729,000 were not in the labor force. use this information to calculate: a. the adult population b. the labor force c. the labor-force participation rate d. the unemployment rate
Answers: 3
The trial balance after adjustment had the following balances on December 31, 2019. Use this informa...
Mathematics, 11.02.2020 19:53
Mathematics, 11.02.2020 19:53