You purchased a machine for $500,000 (installed), and you depreciated it using a 5 year MACRS. This machine generates $200,000 in annual revenue. In year 4, you sold the machine for $250,000. You received a loan for $400,000 on a 5 year loan at 5% (note, you must pay the remaining balance of this loan at the end of year 4 from the proceeds of the sale). In addition, you invested $80,000 in working capital initially. Your company is in a 35% tax bracket. MARR =15.36% Generate your cash flow analysis using Actual Dollars. In other words, inflate your revenue, salvage value, expenses and Working Capital accordingly. What is your Market NPW??inflation rate =3%?

On January 1, 2020, Marigold Company purchased 12% bonds having a maturity value of $270,000, for $290,470.00. The bonds provide the bondholders with a 10% yield. They are dated January 1, 2020, and mature January 1, 2025, with interest received on January 1 of each year. Marigold Company uses the effective-interest method to allocate unamortized discount or premium. The bonds are classified in the held-to-maturity category.

1.Prepare the journal entry at the date of the bond purchase.

2.Prepare a bond amortization schedule.

3.Prepare the journal entry to record the interest revenue and the amortization at December 31, 2020.

4.Prepare the journal entry to record the interest revenue and the amortization at December 31, 2021.

Suppose an​ ocean-front hotel rents rooms. In the​ winter, demand​ is:

P₁ = 110 - 1Q₁

with marginal revenue​ of:

MR₁ = 110 - 2Q₁

​However, in the​ summer, demand​ is:

P₂ = 260 - 1Q₂

with marginal revenue​ of::

MR₂ = 260 - 2Q₂

Furthermore, suppose the​ hotel's marginal cost of providing rooms is MC= 5 + 1Q which is increasing in Q due to capacity constraints.

Suppose the hotel engages in​ peak-load pricing. During the​ winter, the​ profit-maximizing price is $_______ and the​profit-maxizing quantity is _______ rooms.

During the​ summer, the​ profit-maximizing price is $______ and the​ profit-maximizing quantity is _______.

The marginal cost of production is higher during the _______ (Summer/Winter) during which time the hotel charges a _______ ( Higher/ Lower) price.

Consider a large country that imports good R. Some of the total quantity of R domestically consumed is supplied by domestic producers and the rest of it is imported. Then suppose that the government imposed a tariff on each unit of R that is imported, so that the quantity of R imported is somewhat reduced. Draw a demand and supply diagram that shows the effect of the tariff. On your diagram, 4 of 4 shade-in the area that represents the government revenue from the tariff which is in effect being paid by foreign exporters (please do not shade-in any other areas). Then provide an explanation for why this area represents the government revenue from the tariff which is in effect being paid by foreign exporters. (10 Marks, maximum word limit: 100 words

1.         Suppose that the relationship between the price of steel and the quantity of steel demanded is as follows:

                                 Price             Quantity

                                   $1                       8

                                    2                      7

                                    3                      6

                                    4                      5

                                    5                      4

                                    6                      3

            a.         Calculate the arc elasticities between each of the prices in the above demand curve (i.e. between $1 and $2, between $2 and $3, etc.)

            b.         Draw a graph showing the above demand curve and label the elasticities you just calculated between each price.

            c.         Calculate the total revenue (expenditures) at each price.  Note the change in TR as price increases.

            d.         Generalize from the above -- what is the relationship between price elasticity and total revenue (expenditures).

how do I prepare a classified balance sheet, multiple step income statement, and retained earnings please help

Accounts payable

Accounts receivable

Accumulated depreciation - building

Allowance for uncollectible accounts

Bonds payable, due in 2029

Building

Cash

Common Stock

Cost of goods sold

current marries of long-term debt

deferred revenue

depreciation expense

discount on bonds payable

dividends

gains on sale of equipment

income tax expense

inventory

interest expense

land

note payable due 10/20

preferred stock

prepaid insurance

rent expense

sales revenue

retained earnings

treasury stock

supplies expense

short-term investments

Your client Corp A is a company engaged in the production of heavy equipment and markets its products on a business to business (B2B) basis. Goods produced by Corp A are heavy equipment such as: Excavators, Bulldozers, Mobile Cranes, Motor Scrapers, etc. There are also a number of finished products in the form of heavy equipment which are self-used by Corp A. After several years of self-use, that heavy equipment is sold, which is in the fiscal year that you are currently auditing. Corp A recorded it as sales revenue which is increased their operating profit.

Question:

a. Do you think that recognize it as sales revenue is correct? Explain your answer!

b. What audit objectives relate to the above case! Explain your answer!

how do I prepare a classified balance sheet, multiple step income statement, and retained earnings please help

Accounts payable

Accounts receivable

Accumulated depreciation - building

Allowance for uncollectible accounts

Bonds payable, due in 2029

Building

Cash

Common Stock

Cost of goods sold

current marries of long-term debt

deferred revenue

depreciation expense

discount on bonds payable

dividends

gains on sale of equipment

income tax expense

inventory

interest expense

land

note payable due 10/20

preferred stock

prepaid insurance

rent expense

sales revenue

retained earnings

treasury stock

supplies expense

short-term investments