Oriole Co. purchased machinery that cost $2550000 on January 4, 2019. The entire cost was recorded as an expense. The machinery has a 9-year life and a $155000 residual value. The error was discovered on December 20, 2021. Ignore income tax considerations. Oriole's income statement for the year ended December 31, 2021, should show the cumulative effect of this error in the amount of
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Business, 21.06.2019 18:50
Which of the following is not a potential problem with beta and its estimation? sometimes, during a period when the company is undergoing a change such as toward more leverage or riskier assets, the calculated beta will be drastically different than the "true" or "expected future" beta. the beta of "the market," can change over time, sometimes drastically.
Answers: 3
Business, 21.06.2019 22:20
Suppose a ceiling fan manufacturer has the total cost function c(x) = 48x + 1485 and the total revenue function r(x) = 75x. (a) what is the equation of the profit function p(x) for this commodity? p(x) = (b) what is the profit on 35 units? p(35) = interpret your result. the total costs are less than the revenue. the total costs are more than the revenue. the total costs are exactly the same as the revenue. (c) how many fans must be sold to avoid losing money? fans
Answers: 1
Business, 22.06.2019 01:30
What is an example of a good stock to buy during economic expansion? a) cyclical stock b) defensive stock c) income stock d) bond
Answers: 3
Oriole Co. purchased machinery that cost $2550000 on January 4, 2019. The entire cost was recorded a...
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