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Financial Accounting_Depreciation Accounting 1. On September 30 of the current year, a company acquired and placed in service a machine at a cost of $700,000. It has been estimated that the machine has a service life of five years and a salvage value of $40,000. Using the double-declining-balance method of depreciation, prepare a schedule showing […]

I am looking for accounting help Your city has decided to build a new library. The projected cost is $2 million. A bond issue for $1.2 million has been authorized, and the remainder is supposed to come from a contribution of $800,000 from the general fund. The bonds sold for $1.3 million, a premium of […]

Financial Analysis of Patton Hospital Write a 700- to 1,050-word analysis of the audited financial statements of Patton-Fuller Hospital for 2008 and 2009. Include in your analysis: – Balance Sheet(Audited) in a Microsoft Excel document including columns for the following: 2008 financial data 2009 financial data The amount of change in dollars The percent change […]

Financial Business Some Question, True or false answer and multiply choice. I want to make sure I have everything correct. Thank You! I have Attach the questions. Name: True/False – Please highlight the correct answer in yellow. 1. T/F The goal of the firm should be the maximization of profit. 2. T/F There are a […]

I am looking an answer to this; WACC I am looking an answer to this; WACC Cost of Debt #1 30 year bonds Current Price 98.25% of par value 7.5% coupon rate Semi Annual Bond 12 years to maturity tax rate 40% ???What is total cost of debt?? I got 4.5% Pref. Stock #2 Dividend […]

Hyland Company_Breakeven Analyasis 5. TheincomestatementforHylandCompanyfor2014 appearsbelow: Hyland Company Income Statement For the Year Ended December 31, 2014 Salesrevenue(40,000 units) 1,000,000 Variableexpenses 700,000 Contributionmargin 300,000 Fixedexpenses 345,000 Netincome(loss) (45,000) Instructions Answerthe followingindependentquestionsandshowcomputationstosupportyouranswers: 1. Whatwasthecompany sbreak-evenpointinsalesdollarsin2014? 2. Howmanyadditionalunitswouldthecompanyhavetosellin2015 (comparedto2014) inorderto earnnetincomeof$45,000? 3. Ifthecompanyisabletoreducevariablecostsby$4.50 perunitin2015 and othercostsandunit revenuesremainunchanged,howmanyunitswillthecompanyhavetosellinordertoearnanet incomeof$45,000? Is this the question you were looking for? If […]

On January 1, 2013, Applied Technologies Corporation (ATC) issued $500,000 in bonds that mature in bonds that mature in 10 years. The bonds have a stated interest rate of 10 percent. When the bonds were issued, the market interest rate was 10 percent. The bonds pay interest once per year on December 31. 1.) Determine […]

11-38 Special Order Exercise Earth Baby Inc. (EBI) recently celebrated its tenth anniversary. The company produces organic baby products for health-conscious parents. These products include food, clothing, and toys. Earth Baby has recently introduced a new line of premium organic baby foods. Extensive research and scientific testing indicate that babies raised on the new line […]

Janice Corporation _ Income Statement The income statement account balances on December 31, 2013 for Janice Corporation appear below. In addition, beginning merchandise inventory was $3,000 and ending merchandise inventory was $4,000. Prepare a 2013 income statement for the company. Account Name/ Balance Sales $100,000 Sales Returns and Allowances $1,500 Purchases $50,000 Purchases Returns and […]

100% correct answer CIS 500 Mobile Computing and Social Networking Mobile computing has dramatically changed how information is accessed and shared. Wireless networking has been an enabler of mobile computing. One profession that mobile computing has had a big impact on is health care management. Patients are now able to monitor their vital signs such […]