Business, 03.12.2021 22:40 genyjoannerubiera
Selected information from the company's financial records is presented below: Equipment, December 31, 2019 $300,000 Equipment, December 31, 2020 400,000 Accumulated depreciation, December 31, 2019 80,000 Accumulated depreciation, December 31, 2020 60,000 During 2020, the company sold equipment with a cost of $50,000 and accumulated depreciation of $30,000. A gain of $10,000 was recognized on the sale of the equipment. This was the only equipment sale during the year. Refer to Metalcrafts, Inc. What amount would be reported as the cash proceeds from the sale of equipment
Answers: 1
Business, 22.06.2019 06:30, makarockslynn4764
If a seller prepaid the taxes of $4,400 and the closing is set for may 19, using the 12 month/30 day method what will the buyer owe the seller as prorated taxes?
Answers: 1
Business, 22.06.2019 17:30, dondre54
Emery pharmaceutical uses an unstable chemical compound that must be kept in an environment where both temperature and humidity can be controlled. emery uses 825 pounds per month of the chemical, estimates the holding cost to be 50% of the purchase price (because of spoilage), and estimates order costs to be $48 per order. the cost schedules of two suppliers are as follows: vendor 1 vendor 2 quantity price/lb quantity price/lb 1-499 $17 1-399 $17.10 500-999 $16.75 400-799 $16.85 1000+ $16.50 800-1199 $16.60 1200+ $16.25 (a) what is the economic order quantity for each supplier? (b) what quantity should be ordered and which supplier should be used? (c) the total cost for the most economic order sire is $
Answers: 2
Business, 22.06.2019 18:00, wirchakethan23
Match the different financial task to their corresponding financial life cycle phases
Answers: 3
Selected information from the company's financial records is presented below: Equipment, December 31...
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