Business, 29.08.2019 17:20 therronvictorjr
Prepare a sales journal for the following transactions: 1. on june 1st 20 olympic sold merchandise on account to nathanial david for $1000. the sales tax is $60. sales invoice #10. 2. on june 3rd olympic sold merchandise on account to william athletics associate for $7,500. sales tax is 450. sales invoice #11
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Business, 21.06.2019 12:30
suppose, due to favorable weather, the crop in 2012 is 330 tons. in percentage terms, how much bigger is the 2012 crop over the 2007-2011 average?
Answers: 1
Business, 21.06.2019 22:20
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?
Answers: 2
Business, 22.06.2019 01:00
When color is used on a topographical drawing, black is used to represent what?
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Business, 22.06.2019 03:20
The treasurer for pittsburgh iron works wishes to use financial futures to hedge her interest rate exposure. she will sell five treasury futures contracts at $139,000 per contract. it is july and the contracts must be closed out in december of this year. long-term interest rates are currently 7.30 percent. if they increase to 9.50 percent, assume the value of the contracts will go down by 20 percent. also if interest rates do increase by 2.2 percent, assume the firm will have additional interest expense on its business loans and other commitments of $149,000. this expense, of course, will be separate from the futures contracts. a. what will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by december when the contract is closed out
Answers: 1
Prepare a sales journal for the following transactions: 1. on june 1st 20 olympic sold merchandise...
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