As part of the initial investment, Ray Blake contributes equipment that had originally cost $112,300 and on which accumulated depreciation of $84,225 has been recorded. If similar equipment would cost $165,800 to replace and the partners agree on a valuation of $53,400 for the contributed equipment, what amount should be debited to the equipment account

Neon light company of kansas city ships lamps and lighting appliances throughout the country. ms. neon has determined that through the establishment of local collection centers around the country, she can speed up the collection of payments by one and one-half days. furthermore, the cash management department of her bank has indicated to her that she can defer her payments on her accounts by one-half day without affecting suppliers. the bank has a remote disbursement center in florida. a. if neon light company has $2.90 million per day in collections and $1.18 million per day in disbursements, how many dollars will the cash management system free up?

According to herman, one of the differences of managing a nonprofit versus a for-profit corporation is

Jen left a job paying $75,000 per year to start her own florist shop in a building she owns. the market value of the building is $120,000. she pays $35,000 per year for flowers and other supplies, and has a bank account that pays 5 percent interest. what is the economic cost of jen's business?