Why an entrepreneur may decide to purchase an existing business

Oaktree Company purchased new equipment and made the following expenditures: Purchase price $ 59,000 Sales tax 3,600 Freight charges for shipment of equipment 840 Insurance on the equipment for the first year 1,040 Installation of equipment 2,400

Canon began as a camera-making company but has since become a company that produces a wide range of office equipment in addition to cameras. Canon's managers evidently believe in growth through:

Has j& w's ability to manage its assets improved or worsened? explain

Fillia, inc. worked on three jobs this period: job 14c, which cost $15,000; job 23a, which cost $28,000, and job 45b, which cost $23,000. at the end of the period, only job 14 was still in process (unfinished).

Which of the following is not true of statistics? A. Statistics involves collecting and summarizing data. B. Statistics is used to answer questions with 100% certainty. C. Statistics is used to draw conclusions using data. D.

Motorcycle Manufacturers, Inc., projected sales of 57,400 machines for the year. The estimated January 1 inventory is 6,890 units, and the desired December 31 inventory is 7,240 units. The budgeted production for the year is?

ewok enterprises recently elected the fair value option to account for its investment in yoda inc. ewok purchased the shares for 21000 and the shares are currently trading for 190000 at year end.

The General Fund of a city pays all utility bills received from private companies for services provided to city agencies. It then bills other funds for their shares of the bills. On May 10, the General Fund pays an electric bill for $230,000.

On November 10 of the current year, Flores Mills sold carpet to a customer for $8,500 with credit terms 2/10, n/30. Flores uses the gross method of accounting for sales discounts.

The following information describes a company's usage of direct labor in a recent period: Actual direct labor hours used 40 comma 000 Actual rate per hour $ 12.00 Standard rate per hour $ 11.