How to apply perpetual and periodic inventory system
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Suppose that two mutually exclusive projects are being evaluated on the basis of cash costs. How would risk adjustments be applied in this situation?
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What are reasonable values for the project costs of capital for low-risk, average-risk, and high-risk projects?
Applying both a perpetual and a periodic inventory system, prepare the journal entries that summarize the transactions that created these balances.
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The current payroll tax is 7.65% on both employers and employees (as of 2013). Who do you think bears the economic burden of this payroll tax-firms or workers?
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