Kr-85 source used in paper company had an activity of 18.5 GBq as of January 15,...
Cs-137 source used in mining industry has an activity of 740 MBq as of March 30, 1990. What was its activity last September 30, 2010 when T(1/2) or half-life = 30 years?
p company purchased 85% interest in S company for $7,500,000 on January 1, 2016, s company had c/s of $5,000,000 and R/E of $2,300,000 on that date. The B/S on that date contained: Book Value Inventory$1,500,000 Equipment 1,700,000 Land 1,700,000 2,100,000 3,300,000 3,500,000 The equipment had a useful life of 12 years with straight-line depreciation and inventory will be sold w/in the year. S company had $450,000 of net income in 2016 and declared $100,000 of dividends for the year....
Paper Printing Company purchased a copy machine for $65,000 on January 1, 2010. The copy machine had an estimated useful life of five years or 1,000,000 copies. Paper Printing estimated the copy machine's salvage value to be $5,000. The company made 250,000 copies in 2010 and 190.000 copies in 2011 Requirements 1. Calculate the depreciation expense for each year using the straight line method - Depreciation expenso Now we can determine the depreciation per unit. (Round to two decimal places)...
P company purchased 85% interest in S company for $7,500,000 on January 1, 2016. S company had c/s of $5,000,000 and R/E of $2,300,000 on that date. The B/S on that date contained: Book Value Fair Value Inventory $1,500,000 1,700,000 Equipment 1,700,000 2,100,000 Land 3,500,000 3,300,000 The equipment had a useful life of 12 years with straight-line depreciation and inventory will be sold w/in the year. S company had $450,000 of net income in 2016 and declared $100,000 of dividends...
Question 2 (1 point) Rockwell Paper Company had earnings after taxes of $780,000 in the year 2007 with 500,000 shares outstanding. On January 1, 2008, the firm issued 30,000 new shares. Because of the proceeds from these new shares and other operating improvements, earnings after taxes increased by 20 percent. What are the earnings per share for the year 2008? O a) None of these Ob) $1.62 Oc) $2.21 d) $1.77 e) $1.44
Exercise 9-15 (Part Level Submission) On January 1, 2022, Pharoah Company had a balance of $331,500 of goodwill on its balance sheet that resulted from the purchase of a small business in a prior year. The goodwill had an indefinite life. During 2022, the company had the following additional transactions. Jan. 2 Purchased a patent (5-year life) $282,450. July 1 Acquired a 8-year franchise; expiration date July 1, 2,030, $547,200. Sept. 1 Research and development costs $184,500. (a) Prepare the...
ABC Company had the following inventory data in year 2005: January 1 (beginning inventory) 15 units @ $20 per unit January 7 purchase 30 units @ $23 per unit January 12 sale 22 units January 19 purchase 50 units @ $25 per unit January 29 sale 47 units From February ABC Company started selling digital cameras. Per-unit cost information pertaining to ABC's inventory of digital cameras as of April was as follows: Original cost in February $120 Estimated selling price...
please show all formulas/work 5. The decay constant of a radioactive source is 0.300/minute. - How much time must elapse before the activity is reduced to… (a) 85%? (b) 25%? (c) 5%? B) The half-life of a radioactive source is 14.0 minutes. - How much time must elapse before the activity is reduced by… (a) 70%? (b) 45%? (c) 20%? C) Radon-222 has a physical half-life of 30.0 days. A 10.24 microgram piece of this source is placed in storage....
Long River Company had the following transactions during the month of January. (i) Paid $5,000 cash for supplies, of which $600 was used during January, and $4,400 will be used dui4ng February through April. (ii) Paid $24,480 for salaries, one-half of which employees had earned in December and one- half of which related to January. (iii) Purchased $3d,000 of equipment; made an $8,000 down payment and signed a note payable for the balance. (iv) Made payment of $4,800 on the...
Assume that on January 1, 2018, a parent company acquired an 85% interest in a subsidiary's voting common stock. On the date of acquisition, the fair-value of the subsidiary's net assets equaled their reported book values except for machinery and equipment, which had a fair value of $780,000 and a reported book value of $325,000. the machinery and equipment had a 5-year remaining useful life and no salvage value. The following are the highly summarized pre-consolidation income statements of the...