production output over this period was: Year 1‚ 35 000 units; Year 2‚ 35 000 units; Year 3‚ 18 000 units; Year 4‚ 12 000 units. The asset cost $ 100 000 and associated installation costs amounted to $20 000 and residual value is $5000. The amount of depreciation charged in the first year is: Selected Answer: c. $42 000 Correct Answer: b. $40 250 Question 5 0 out of 1 points If a sale and leaseback transaction results in a finance lease‚ IAS 17 Leases‚ provides the following accounting treatment
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Reliance Fresh By Rajesh Naidu 1. Introduction India with a population of 1.08 billion (growing at about 1.7 % per annum) provides a large and growing market for food products. Food products are the single largest component of private consumption expenditure‚ accounting for as much as 49% of the total spending. Furthermore‚ the upward mobility of income classes and increasing need for convenience and hygiene is driving demand for (a) perishables and non food staples and (b) processed foods
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A Narrative Essay- Fresh Fish I can hear the snickers as I walk down the crowded sidewalk of Chinatown. The gossip at the vegetable stand. The grin of the fish man. The chatter from the seafood restaurants. Laughter is everywhere‚ like a dragon’s tail winding throughout the streets. I grew up speaking English‚ not Chinese‚ the language of my ancestors. The first word out of my mouth was mommy‚ not mah mah. When I was 3‚ my parents flashed cards with Chinese characters at my face‚ but I pushed
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rELIANCE FRESH EXECUTIVE SUMMARY Giant corporations like Wal-Mart and Reliance have started to try and take over the Indian retail sector. The entry of the giant corporate retail in India’s food market will have direct impact on India’s 650 million farmers and 40 million people employed in tiny retail. More than 6600 mega stores are planned with Rs. 40‚000 crore by 2011.. Even after recent shutdown of Reliance fresh stores from UP and unwelcoming vibes from
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4) Amma Addai-Donkor | 4774941 | 5) Tari Youkedebah | 4534895 | 6) Karen Elom Adiamah | 4761446 | 7) Seidu Babilo | 4816285 | 8) Obinna Vincent Unaegbunam | 4901536 | 9) Henry Ajieh | 4517245 | INTRODUCTION Currently‚ Delta Petroleum is experiencing swift decline in the in its current oil production. Therefore growth and replacements is its top priority‚ with a focus on the rationalization of 5 upstream assets in different countries‚ namely: Algeria‚ Canada‚ Kazakhstan
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new machine that costs $100‚000 and requires installation costs of $10‚000. The new machine would have a 5-year usable life and would be depreciated under MACRS using a 5-year recovery period. The firm’s projected revenues and expenses (excluding depreciation and interest)‚ if it requires the machine‚ would be as follows: Year Revenue Expenses (Excl‚ depr‚ and int.) 1 $1‚000‚000 $764‚500 2 1‚175‚000 839‚800 3 1‚130‚000 914‚900 4 1‚425‚000 989‚900 5 1‚550‚000 998‚900 The new machine
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of Woop Woop in Semester 2‚ 2014. To start the business on 1 April 2014‚ he deposited $1‚000 into a new bank account opened in the name of the business. The $1‚000 consisted of a $600 loan from his father and $400 of his own money. Frank rented some equipment‚ purchased supplies‚ and hired friends to mow and trim his customer’s lawns. At the end of each month Frank sent invoices to his customers. On 31 July‚ he was ready to dissolve the business and start his university studies. As he was so
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2003 Total impact stadium on Income Statement 2003 ($ ($ ($ 0.5) 0.125) 0.625) $ 131 $ 130.375 Cash Flows 2003 (stadium‚ year ended December 31‚ Indirect Method‚ millions) To come to total Cash Flows the adjustments are: adjustment depreciation expense adjustment for provision demolition expense adjustment investment land adjustment investment new stadium adjustment disinvestment old stadium $ 0.5 $ 0.125 ($ 12)
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[Document title] MGT-432 November 26‚ 2013 Executive Summary Delta airline has a long history whose roots begin at the year 1924.This airline has grown to become one of the largest airlines serving the United States of America and also majority of the world through its international routes. The aim of this paper is to see the history of the airline together with its financial position with concentration on the various strategies the company has implemented
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(2006‚ January 4). Think Again: Airlines. Retrieved from Foreign Policy: http://www.foreignpolicy.com/articles/2006/01/04/think_again_airlines?page=full Bland‚ E Blankenhorn‚ D. (2012‚ May 1). Delta Refinery Deal All About Southwest . Retrieved from Seeking Alpha: http://seekingalpha.com/article/545881-delta-refinery-deal-all-about-southwest Boeing Boeing. (2012). Commercial Airplane: Jet Prices. Retrieved September 22‚ 2012‚ from Boeing: http://www.boeing.com/commercial/prices/index.html Boland‚
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