Mike Ink - Warp 10plus volume 1 2 and 3 mp3

Artist: Mike Ink
Album name: Warp 10plus volume 1 2 and 3

Tracks :

1. Polka Trax 3 (Wechsel Garland mix)

Download Mike Ink - Warp 10plus volume 1 2 and 3 mp3

accounting help please...?

I'm stuck on some questions please help please...

1. ABC, inc. discovered that equipment purchased three years ago for $300,000 will not last as long as originally estimated. The firm was depreciating the equipment at the rate of $40,000 per year with an estimated salvage value of $20,000. New estimates indicate that the equipment will last a total of fiver years with no salvage value. How much should Royal, Inc. record as deprectiation in year four? (PLEASE SHOW WORK)
A. $40,000
B. $60,000
C. $90,000
D. $120,000

2. The Kentucy Farm has completed the fall harvest with 50,000 bushels of premium wheat. The wheat costs $75,000 from planting to harvest and the market price of the wheat on the day it is placed in the silo is $2.50 per bushel. Joe sells 42,000 bushels in Year 1 and holds the remaining 8,000 until Year 2 when it sells for $3.00 per bushel.

Using the market price (production) method, how much net revenue should Kentucky recognize in Year 1? (PLEASE SHOW WORK)
A. $42,000
B. $50,000
C. $105,000
D. $125,000

Use the following info to answer #3 and 4:
Net income $150,000
Depreciation 50,000
Increase in A/R (50,000)
Increase in Inventory (50,000)
Decrease in A/P (50,000)
Decrease in Taxes payable (50,000) = to
Operating cash flow $0

3. What are John' cash flows from investing activities for Year 2? (PLEASE SHOW WORK)
A. $0
B. $100,000 inflow
C. $100,000 outflow
D. $350,000 outflow

4. What are John' cash flows from financing activities for Year 2? (PLEASE SHOW WORK)
A. $0
B. $50,000 inflow
C. $50,000 outflow
D. $150,000 outflow

5. Ink Corporation purchases from suppliers on net 30 day terms, has an A/R Turnover of 8 times, and an Inventory Turnover of 12 times. Cash inflows and outflows are (PLEASE SHOW WORK)
A. evenly matched
B. negatively mismatched by 60 days.
C. positively mismatched by 30 days.
D. negatively mismatched by 45 days.

6. If most firms' price/earnings ratios are between 10 and 15, what is the range of average risk-adjusted equity cost of capital? (PLEASE SHOW WORK)
A. 6.67% to 10%
B. 6.67% to 15%
C. 10% to 15%
D. 10% to 16.67%

7. Apple Company's 2008 beginning and ending accounts receivable balances were $72,500 and $41,250 respectively. During 2008, the company's sales (all on credit) amounted to $857,250. Per Apple's 2008 cash flow statement, $873,500 was collected from customers while $18,750 related to uncollectible accounts was listed among the "non-cash expenses." If Apple's beginning balance in the allowance for uncollectibles was $17,600, the ending balance in this account must be (PLEASE SHOW WORK)
A. $15,000
B. $21,350
C. $36,350
D. The required "allowance for uncollectibles" balance cannot be determined from the data given.

8. The X Company reported mechandise inventory at LIFO of $450,000 on the year-end financial statements. The company also reported a LIFO reserve of $34,000. An estimate of the inventory balance if the inventory had been reported using the FIFO assumption is (PLEASE SHOW WORK)
A. $382,000
B. $416,000
C. $461,000
D. $484,000

9. Mike Enterprises purchased a machine for $260,000. The seller paid $900 freight to deliver the machine. Mike used $4,600 of staff mechanics' time to install the machine and employee training cost $7,000. The state charged a 5% sales tax on the invoice price. What is the capitalized cost of the machine? (PLEASE SHOW WORK)
A. $260,000
B. $264,600
C. $271,600
D. $284,600

Dew Company purchased a truck fir $50,000 on Jan. 2, 2008. The asset has an expected salvage value of $5,000 at the end of its five-year useful life.
10. How much is the depreciation expense in 2012 if double-declining balance depreciation is used? (PLEASE SHOW WORK)
A. $4,333.33
B. $3,000
C. $9,000
D. $12,000

Bond Co. owns a building in Ohio. The historical cost of the building is $1,050,000 and $540,000 of accumulated depreciation has been recorded to date. During 2008, Bond incurred the following expenses related to the building:
Repaired a broken water main $81,500
Major improvement to the HVAC system 75,000
Added a 6,000 square foot employees' lounge 197,500
Replaced the carpet in the purchasing department offices 21,300
Repainted the building 25,000

11. Which of the building related costs incurred by Bond Co. should be capitalized?
12. What is the subsequent carrying amount of the building?

THANKS ALOT!!!
Littlemommy928 - I had 30 questions for homework I did more than half, these are the ones I don't get. Can you please email me the solutions to mophil2007@yahoo.com ? When I see how to solve these problems, I will know how to do them myself. Thanks!