Business, 13.11.2019 22:31 humphreybrittany42
Kapono farms exchanged an old tractor for a newer model. the old tractor had a book value of $15,500 (original cost of $35,000 less accumulated depreciation of $19,500) and a fair value of $9,700. kapono paid $27,000 cash to complete the exchange. the exchange has commercial substance. required: 1. what is the amount of gain or loss that kapono would recognize on the exchange? what is the initial value of the new tractor? 2. assume the fair value of the old tractor is $21,000 instead of $9,700. what is the amount of gain or loss that kapono would recognize on the exchange? what is the initial value of the new tractor?
Answers: 3
Business, 22.06.2019 06:30
Double corporation acquired all of the common stock of simple company for
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Business, 22.06.2019 16:20
The assumptions of the production order quantity model are met in a situation where annual demand is 3650 units, setup cost is $50, holding cost is $12 per unit per year, the daily demand rate is 10 and the daily production rate is 100. the production order quantity for this problem is approximately:
Answers: 1
Business, 22.06.2019 20:00
Miller mfg. is analyzing a proposed project. the company expects to sell 14,300 units, plus or minus 3 percent. the expected variable cost per unit is $15 and the expected fixed cost is $35,000. the fixed and variable cost estimates are considered accurate within a plus or minus 3 percent range. the depreciation expense is $32,000. the tax rate is 34 percent. the sale price is estimated at $19 a unit, give or take 3 percent. what is the net income under the worst case scenario?
Answers: 2
Kapono farms exchanged an old tractor for a newer model. the old tractor had a book value of $15,500...
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