iniitially purchase ppe
Initially purchase PPE for $140.Useful life is 3 years and salvage value is $50. It is depreciated on a straight-line basis.If PPE is sold for $57 cash in year 3, what is the gain (loss)?
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The following information is available for Patterson Company: 2014 2013 Accounts receivable $ 360,000 $ 340,000 Inventory 280,000 320,000 Net credit sales 3,000,000 2,600,000 Cost of goods sold 1,500,000 840,000.
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Suppose you have landed successfully on a good career path full time position as a "Financial Analyst" with a multinational high tech corporation in our Silicon Valley hub.
P Company purchased the net assets of S Company for $225,000. On the date of P's purchase, S Company had no investments in marketable securities and $30,000 (book and fair value) of liabilities.
Given a level of confidence of 95% and a population standard deviation of 13, answer the following:
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