Straight-line and reducing-balance methods
What is the difference between the straight-line and reducing-balance methods of depreciation?
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Several years ago John McGregor bought an endowment insurance policy that is about to mature. He has the option of receiving £20,000 now or £40,000 in 10 years' time.
The market price of the stock was $4 per share 2014 Jan 5 Sold tje Grocer's Supply Corporation preferred shares for $395,000 Required.
Fomtech, Inc. had net income of $750,000 based on variable costing. Beginning and ending inventories were 50,000 units and 48,000 units, respectively.
Loreal-Amerfcan Corporation purchased several marketable securities during 2013. At December 31, 2013, the company had the investments in common stock listed below
Holmes, Inc. obtained significant influence over Nadal Corporation by buying 27% of Nadal's 32,100 outstanding shares of common stock at a total cost of $9 per share on January 1, 2012.
Rust Bucket Motor Credit Corporation (RBMCC), a subsidiary of Rust Bucket Motor, offered some securities for sale to the public on March 28, 2008.
A corporation with both preferred stock and common stock outstanding has a substantial credit balance in its retained earnings account at the beginning of the current fiscal year.
An investor bought a one-acre lot on the outskirts of a city for $9000 cash. Each year she paid $80 of property taxes . At the end of 4 years, she lost the plot for a net value of $15,000. What rate of return did she receive on her investment?
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