Inter-period equity affect capital project
What is the purpose of the capital projects fund? What is the purpose of the debt service fund? What is inter-period equity? How does inter-period equity affect capital project and debt services funds?
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Pendergrass Company hires an accounting intern who says that intangible assets should always be amortized over their legal lives. Is the intern correct? Explain.
Port Inc. had an investment which cost $520,000 and had a salvage value at the end of its useful life of zero. If Port's expected annual net income is $30,000, the annual rate of return is:
Draw and explain production possibility frontier for an economy that produce milk and cockies. What happen to this frontier if disease kills half of economy cows population?
Starr estimates that 4% of the gross accounts receivable will become uncollectible. After adjustment at December 31, 2012, what the allowance for uncollectible accounts should have a credit balance of ?
Inc. earns $450,000 and pays cash dividends of $150,000 during 2013. Cox Corporation owns 70,000 of the 210,000 outstanding shares of Mission. How much revenue from investment should Cox report in 2013?
In preparing its August 31, 2012 bank reconciliation, Bing Corp. has available the following information:Balance per bank statement, 8/31/12 $18,650 ; Deposit in transit, 8/31/12 3,900
All reconciling items at March 31, 2012 cleared the bank in April. Outstanding checks at April 30, 2012 totaled $6,000. There were no deposits in transit at April 30, 2012. What is the cash balance per books at April 30, 2012?
Suppose Y = zK^1/3N^2/3 Derive an expression that relates K and K'. What is its economic interpretation? Using your answer from part (a), derive an expression that relates k and k.
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