Business, 25.04.2020 04:44 burnsmykala23

Indicate whether the following property, plant, and equipment related transactions increased (I), decreased (D), or had no effect (NE) on the financial statement elements below.
Transaction Cash Noncash Assets Liabilities Revenues / Gains Expenses / Losses
a. Acquired a machine by issuing a 5%, 5-year, $100,000 note with no down payment.
b. Incurred and paid annual interest cost of $40,000, including $8,000 of capitalized interest.
c. Spent $40,000 to upgrade an existing building. The upgrades increased the original useful life of the building.
d. Spent $5,000 for routine maintenance on existing manufacturing equipment.
e. Sold a piece of land for $125,000. The original cost of the land was $105,000.

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 01:50

You are an employee of an u.s. firm that produces personal computers in thailand and then exports them to the united states and other countries for sale. the personal computers were originally produced in thailand to take advantage of relatively low labor costs and a skilled workforce. other possible locations considered at that time were malaysia and hong kong. the u.s. government decides to impose punitive 100% ad valorem tariffs on imports of computers from thailand to punish the country for administrative trade barriers that restrict u.s. exports to thailand. how do you think your firm should respond? what does this tell you about the use of targeted trade barriers?

Answers: 3

Answer

Business, 22.06.2019 07:00

Pennewell publishing inc. (pp) is a zero growth company. it currently has zero debt and its earnings before interest and taxes (ebit) are $80,000. pp's current cost of equity is 10%, and its tax rate is 40%. the firm has 10,000 shares of common stock outstanding selling at a price per share of $48.00. refer to the data for pennewell publishing inc. (pp). pp is considering changing its capital structure to one with 30% debt and 70% equity, based on market values. the debt would have an interest rate of 8%. the new funds would be used to repurchase stock. it is estimated that the increase in risk resulting from the added leverage would cause the required rate of return on equity to rise to 12%. if this plan were carried out, what would be pp's new value of operations? a. $484,359 b. $521,173 c. $584,653 d. $560,748 e. $487,805

Answers: 1

Answer

Business, 22.06.2019 23:00

To increase sales, robert sends out a newsletter to his customers each month, letting them know about new products and ways in which to use them. in order to protect his customers' privacy, he uses this field when addressing his e-mail. attach bcc forward to

Answers: 2

Answer

Business, 23.06.2019 02:00

When watching the video example 87: function notation, the presenter states that we need to, "go to this function and in the place of x, we will put in " â4 â3 â2 â1?

Answers: 3

Answer

You know the right answer?

Indicate whether the following property, plant, and equipment related transactions increased (I), de...

Questions