Search results “Depreciation rates for mining equipment”
How to Calculate Depreciation | Episode 40
Depreciation is an accounting term that refers to allocating the cost of a tangible asset over its useful life. Done for both accounting and tax purposes, several methods of depreciation exist. A common and simple method of depreciating an asset is the straight line depreciation method. In this video we'll walk through how to calculate depreciation using the straight line method. Go Premium for only $9.99 a year and access exclusive ad-free videos from Alanis Business Academy. Click here for a 14 day free trial: http://bit.ly/1Iervwb To view additional video lectures as well as other materials access the following links: YouTube Channel: http://bit.ly/1kkvZoO Website: http://bit.ly/1ccT2QA Facebook: http://on.fb.me/1cpuBhW Twitter: http://bit.ly/1bY2WFA Google+: http://bit.ly/1kX7s6P
Views: 123440 Alanis Business Academy
Depletion Accounting (Calculate Depletion Base, Depletion Rate, Minerals & Minning Exp)
Accounting for depletion of a natural resources for determining the depletion base and depletion rate based on a minning and minerals example, determine what is included in the depletion base and how to calculate the depletion expense each period, Depletion of Natural resources (called wasting assets) include petroleum, minerals, and timber, their main features : 1- Complete removal (comsumption) of the asset, 2-Replacement of asset only by an act of nature Questions to be answered: 1-How to establish the cost basis for write-off? 2-What pattern of allocation should be used? Establishing a Depletion Base (factors) 1-Acquisition cost of the resource, 2-Exploration costs, 3-Development costs, 4-Restoration costs, Acquisition costs:1-Right to search & find an undiscovered natural resource, 2-Price paid for an already discovered resource, 3-Lease payments for property containing the resource, 4-Royalty payments to owner of property Recorded in account "Undeveloped Property", Exporation costs: Costs needed to find the resource 1-When substatial can capitalize in depletion base, 2-Some companies expense these costs, Development costs (development costs): 1-Tangible equipment costs, do not normally include in the depletion base, depreciate over useful life as expense, 2-Intangible development costs, part of depletion base, Restoration costs: 1-Restore property to its natural state, part of the depletion base (fair value to restore), Write-Off of Resource Base (cost depletion) 1-Units-of-production method (activity approach), function of number of units extracted during the period (costper unit of production), detailed calculations by Allen Mursau
Views: 9624 Allen Mursau
Depreciation of Mining Hardware
In this video we look at Depreciation. What causes depreciation and how to calculate it. This forms Chapter 9 of Subject CT2, Financial Reporting. I'm also giving away free dogecoin to the first 5 people who share the video and comment below with their dogecoin address. You can get free dogecoin from this website http://freedoge.co.in/?r=539272
Rent Heavy Construction Equipment
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Views: 123 Kevin Cook
Asset Retirement Obligation (ARO) | Intermediate Accounting | CPA Exam FAR | Chp 13
Accounting Recognition of Asset Retirement Obligations. A company must recognize an asset retirement obligation (ARO) when it has an existing legal obligation associated with the retirement of a long-lived asset and when it can reasonably estimate the amount of the liability. Companies should record the ARO at fair value. [10] Obligating events. Examples of existing legal obligations, which require recognition of a liability include, but are not limited to: •Decommissioning nuclear facilities; •Dismantling, restoring, and reclaiming of oil and gas properties; •Certain closure, reclamation, and removal costs of mining facilities; and •Closure and post-closure costs of landfills. In order to capture the benefits of these long-lived assets, the company is generally legally obligated for the costs associated with retirement of the asset, whether the company hires another party to perform the retirement activities or performs the activities with its own workforce and equipment. AROs give rise to various recognition patterns. For example, the obligation may arise at the outset of the asset's use (e.g., erection of an oil-rig), or it may build over time (e.g., a landfill that expands over time). Measurement. A company initially measures an ARO at fair value, which is defined as the amount that the company would pay in an active market to settle the ARO. While active markets do not exist for many AROs, companies should estimate fair value based on the best information available. Such information could include market prices of similar liabilities, if available. Alternatively, companies may use present value techniques to estimate fair value. Recognition and allocation. To record an ARO in the financial statements, a company includes the cost associated with the ARO in the carrying amount of the related long-lived asset, and records a liability for the same amount. It records an asset retirement cost as part of the related asset because these costs are directly related to operating the asset and are necessary to prepare the asset for its intended use. Therefore, the specific asset (e.g., mine, drilling platform, nuclear power plant) should be increased because the future economic benefit comes from the use of this productive asset. Companies should not record the capitalized asset retirement costs in a separate account because there is no future economic benefit that can be associated with these costs alone. In subsequent periods, companies allocate the cost of the ARO to expense over the period of the related asset's useful life. Companies may use the straight-line method for this allocation, as well as other systematic and rational allocations.
http://questionssolved.com/page/38/ Coding questions refers to: A typical computer-assisted questionnaire design program will assist the designer by offering computerized menus for design issues such as which of the following? Which of the following is the most accurate statement regarding the importance of the questionnaire in the research process? In selecting the proper survey method, researchers balance: A loaded question is a question that: Questionnaire organization refers to: If the distance between 2 – 3 and 6 – 7 on a scale are equal, the scale would likely be at least: Which of the following will increase mail survey response rates? Some of the major advantages of using online surveys are: Online surveys are generally believed to achieve response quality equal to that of: Which of the following is NOT an advantage of self-administered surveys? One disadvantage of mall-intercept interviewing is that: Which of the following is NOT an advantage of computer-administered surveys? What are some of the problems associated with traditional telephone interviews? What is NOT a unique advantage of using person-administered surveys? Which of the following answers represents the four guidelines of question wording? Which is true regarding a disadvantage of self-administered surveys? Scale development is designing questions and response formats to measure: Adaptability refers to the ability to react to respondent differences. Which survey method is best suited for adaptability? Which single characteristic is unique to a nominal type of measurement? 1. The entry to record the cost of a property, plant, or equipment asset would include: 2. Which of the following is an example of a land improvement? 3. Chocolate Supreme purchased new baking equipment for $15,000 subject to terms 4/10, n/45. The discount was taken. Additional costs included $900 in sales tax and $300 for installation. The total cost to be added to the machinery amount is: 4. A company purchased new machinery and incurred freight, assembly, and installation cost in addition to the invoice cost of the machinery. These additional costs should be debited to: 5. Which of the following is a non-depreciable asset? 6. The cost of a plant asset was increased for the payment of this year’s insurance premium. this error would cause: 7. The cost of equipment is expensed: 8 When calculating decking balance depreciation, the straight-line rate was used instead of double the straight-line rate. In the first year of ownership, this error would cause: 9. Salvage value was ignored when originally calculating the units-of-production depreciation. This error would cause: 10. The depreciation method that charges more expense in earlier years than in later years is the: 11. An example of an intangible asset is: 12. A company purchases a patent for $50,000. The patent will be amortized over five years. The entry to record the amortization in the first year is: 13. The allocation of the cost of a natural resource is: 14. The exclusive right to produce and sell a manuscript is called a: 15. The write-off of intangible assets is called: 16. A coal mine was acquired for $2,000,000. No salvage value was expected, and the company expects to mine 2,000,000 tons of coal. During the first year, it mines and sells 220,000 tons of coal. The depletion expense is: 17. A manufacturer or seller of a product may identify its merchandise and bar others from using the same identification by getting a: 18. All of the following are intangible assets EXCEPT: 19. Intellectual property assets are: 20. The process of writing off an intangible asset is:
Views: 5 Expert Answers
Get the Net Present Value of a Project Calculation - Finance in Excel - NPV()
Excel Forum: https://www.teachexcel.com/talk/microsoft-office?src=yt Excel Tutorials: https://www.teachexcel.com/src=yt This tutorial shows you how to get the Net Present Value of a project or business venture in the future using excel. You can do this very easily in excel spreadsheets and this will teach you how to do that using the estimated cash flows of a project. The NPV() function is used for the calculations. This is also a basic discounted cash flows example. This includes discount rate and number of periods in order to use the npv function. To follow along with the spreadsheet used in the video and also to get free excel macros, tips, and more video tutorials, go to the site: http://www.TeachMsOffice.com
Views: 264545 TeachExcel
Expanse Mining Contract Results June 2017 W3 | HUGE profits!!
Expanse mining contract results June 2017 week 3 with galaxy mining. Is it profitable to mine expanse? Well my earnings have almost doubled mining expanse instead of mining ethereum! I'm currently making about 25% per month on my initial capital from which I bought mining contracts. The expanse price is at $3.51 today. I love ether too but at the moment expanse gives me the most profit. Though if the ethereum price goes above $500, I'm mining ethereum again. But for now, my new baby is expanse because not only am I earning more daily, I'm adding also more MH/s to my mining power! GOLDEN TIP for all galaxy mining members! How to mine expanse? Start mining expanse and other cryptocurrencies like ethereum and zcash from as little as $25 up to $500 ↪ http://start.dragonminingsystems.com/ Click here to subscribe to the Crypto Mining channel: ➤https://www.youtube.com/c/cryptominingchannel?sub_confirmation=1 Follow me on Steemit: https://steemit.com/@cryptomining Check out the galaxy mining (formerly known as dragon mine) cryptocurrency and bitcoin mine: ➤http://bit.ly/VisitGalaxyMine Why should you mine with Galaxy mining? ↪ http://bit.ly/WhyYouShouldMineWithGalaxyMine ✓ We are the safest and most generous cryptocurrency mine in the world. ✓ Best price value for money in terms of GH/s ✓No electricity costs ✓ Galaxy mine makes bitcoin mining as wel as multimining (zcash, ethereum, expanse and soon monero) available for everyone ✓ We use the latest mining equipment to produce bitcoins and other cryptocurrencies, therefore our output is higher than other miners ✓ Advanced Galaxy multimining technology (GPU Multi-Cryptocurrency Mining): Mine multiple coins with your GPU hardware equipment under one contract ✓You do not have to worry that your equipment crashes, overheats, goes outdated or has to be reconfigured – Galaxy Mine takes care of everything ✓No Pool- or Cloudmining, YOU own the equipment ✓ Withdraw your coins whenever you like ✓ No limit on the number of contracts ✓ 3 year mining contracts with compounding effect ✓ 100% Of your purchase goes into mining hardware (no deduction of fees or commissions, unlike other companies who ask up to 60%) ✓ Our number one goal is to be the most trusted and reliable cryptocurrency mine in the world ✓ The founder of the company, David Martin, has a strong proven record of integrity, honesty and a shared vision of helping others, Galaxy Mine will be around for a long time and is here to stay! There is an automated repurchase (compound) of hash rate of minimal 35% to 100% to maximize mining power (adjustable daily). After 3 years the original GH/s of your contract is deducted from your accumulated hashrate and mining continues as well as repurchase, as long as the hardware remains sufficiently 'strong', or until mining becomes too difficult for the capacity to handle. *You can register through invitation ONLY, the field "Username of sponsor" must be filled in with "start" so you can enter and start mining! ★ OPTION A: Join as a member and start mining ($25 to $500 retail mining contracts): ➤http://start.dragonminingsystems.com/ ★ OPTION B: Become a member of the value club (license cost $405), start mining ($500 to $10.000 mining contracts at wholesale price) and enjoy the possibility to earn extra bonuses: ➤http://start.skilldragon.com/ Payments have to be done in bitcoin (except the license with credit card) so you need a bitcoin wallet, it's free. My favorites are Coinbase http://bit.ly/CoinbaseWebsite (get $10 free bitcoins when you buy your first $100 of cryptocurrencies the first 180 days of your registration) or Xapo http://www.xapo.com Choose to mine bitcoins or multimining ➙ select the mining contract of your choice ➙ pay with bitcoin ➙ Galaxy Mine buys the hardware from the manufacturer ➙ after 12 days your hardware is installed in our bitcoin mine and you start mining More information about galaxy mining and the lifestyle galaxy value club: 1. https://youtu.be/Josk2VDBxuI 2. https://youtu.be/53Lu_YEyG6Q 3. https://youtu.be/U9OPH5orMFw 4. https://youtu.be/4bOIWVWtnIc Compensation plan (Value club): ➤ https://youtu.be/mXJPIXGqHxk ↪ All Playlists: ➤http://bit.ly/GalaxyMine ➤http://bit.ly/VisitGalaxyMine ➤http://bit.ly/MonthlyBitcoinMiningProfits ➤http://bit.ly/MonthlyCryptoMiningProfits ➤http://bit.ly/BitcoinAndCryptoMining ➤http://bit.ly/AllYouNeedToKnowAboutBitcoin ➤http://bit.ly/MyCryptocurrencyAdventure ➤ http://bit.ly/ValueClubMemberContent ➤http://bit.ly/ChallengeDragonGames ➤http://bit.ly/HowToMakeMoneyPlayingGames *For the people who get the "Coming soon" screen: try visiting the site with your phone or another computer to check if that works. Either your country isn't opened yet or the problem is ipv6 related. Go to network center - adapter settings - right mouse click to wireless or LAN-link connection - features - turn off ipv6 and make sure ipv4 is on.
Views: 1285 Crypto Mining
Antminer S9 Vs. Ethereum Mining Rig - Which makes you more money?
Pledge $1 and BECOME A TECHCRACKHOUSE DWELLER TODAY! https://www.patreon.com/techcrackhouse TechCrackHouse Merch: https://www.redbubble.com/people/techcrackhouse?asc=u THE NEW TWITTER: STOCK POLLS, NEWS, ETC. https://twitter.com/TechCrackHouse_ Buy, sell, what should be done? Keep it tuned right here on the Techcrackhouse for news, tips, and the best ways to invest. Please subscribe and like, it helps a lot. I upload more regularly than Hillary checks her email. BECOME A CRACKHOUSE DWELLER TODAY! Robinhood Download Links: IOS: https://itunes.apple.com/us/app/robinhood-free-stock-trading/id938003185?mt=8 Android: https://play.google.com/store/apps/details?id=com.robinhood.android&hl=en Robinhood Main-page: https://www.robinhood.com/ Acorns Download Links: IOS: https://itunes.apple.com/us/app/acorns-invest-spare-change/id883324671?mt=8 Android: https://play.google.com/store/apps/details?id=com.acorns.android&hl=en&gl=us Acorns Main-page: https://www.acorns.com/ I AM IN NO WAY A MARKET PROFESSIONAL; USE YOUR OWN JUDGEMENT WHEN PURCHASING STOCKS AND OTHERWISE. I AM NOT RESPONSIBLE FOR AND GAINS OR LOSSES THAT YOU MAY EXPERIENCE. THE MARKET IS INHERENTLY RISKY, AND YOU SHOULD ONLY INVEST WHAT YOU ARE COMPLETELY WILLING TO LOSE.
CVS Commercial Valuers and Surveyors - Business rates specialists
CVS Commercial Valuers and Surveyors http://www.linkedin.com/pub/cvs-commercial-valuers-and-surveyors/78/741/820
How to Calculate Payback Period Formula in 6 min. (Basic) Tutorial Lesson Review
Clicked here http://www.MBAbullshit.com/ and OMG wow! I'm SHOCKED how easy.. No wonder others goin crazy sharing this??? Share it with your other friends too! Fun MBAbullshit.com is filled with easy quick video tutorial reviews on topics for MBA, BBA, and business college students on lots of topics from Finance or Financial Management, Quantitative Analysis, Managerial Economics, Strategic Management, Accounting, and many others. Cut through the bullshit to understand MBA!(Coming soon!)
Views: 316952 MBAbullshitDotCom
Bitcoin Mining in September 2017 - Still Profitable? (OUTDATED - CHECK DESC. for UPDATE!)
UPDATED VIDEO: https://www.youtube.com/watch?v=x9p7t0stipo THE NEW TWITTER: STOCK POLLS, NEWS, ETC. https://twitter.com/TechCrackHouse_ Pledge $1 and BECOME A TECHCRACKHOUSE DWELLER TODAY! https://www.patreon.com/techcrackhouse Buy, sell, what should be done? Keep it tuned right here on the Techcrackhouse for news, tips, and the best ways to invest. Please subscribe and like, it helps a lot. I upload more regularly than Hillary checks her email. BECOME A CRACKHOUSE DWELLER TODAY! Robinhood Download Links: IOS: https://itunes.apple.com/us/app/robinhood-free-stock-trading/id938003185?mt=8 Android: https://play.google.com/store/apps/details?id=com.robinhood.android&hl=en Robinhood Main-page: https://www.robinhood.com/ Acorns Download Links: IOS: https://itunes.apple.com/us/app/acorns-invest-spare-change/id883324671?mt=8 Android: https://play.google.com/store/apps/details?id=com.acorns.android&hl=en&gl=us Acorns Main-page: https://www.acorns.com/ I AM IN NO WAY A MARKET PROFESSIONAL; USE YOUR OWN JUDGEMENT WHEN PURCHASING STOCKS AND OTHERWISE. I AM NOT RESPONSIBLE FOR AND GAINS OR LOSSES THAT YOU MAY EXPERIENCE. THE MARKET IS INHERENTLY RISKY, AND YOU SHOULD ONLY INVEST WHAT YOU ARE COMPLETELY WILLING TO LOSE.
Passive Earning Opportunities in Crypto
Passive Earning Opportunities in Crypto Subscribe: http://bit.ly/CryptoCoinNewsYT What every investor wants is an investment yielding income from multiple sources with minor involvement, or a one-time initial involvement. The makeup of the crypto sphere is beyond the (active) business of day-to-day trading of coins. Here, we take a look at various passive earning opportunities in crypto that bring you income even when sleeping! Running a masternode Masternodes were made popular by Dash. Masternodes are servers running 24/7, a complete copy of the blockchain with a specific amount of coins as collateral. Running a masternode of a particular network requires you to hold a large number of cryptocurrencies of the network, which makes it expensive to start. In return, you receive a portion of the block’s profits. Another associated cost of running a masternode is purchasing the requisite equipment. Masternodes perform several duties for the blockchain network such as instant send, record-keeping, participation in the consensus process (voting and other decision making), and so on. The difficult side of masternodes is the high requirement for technical knowledge, fees for hosting a server are high, the risks of being hacked, electricity bills, etc. On the bright side, it has a higher rate of return than proof of stake mining. Be careful, as not all coins are worth buying and running a masternode on. Staking Proof of stake mining involves buying cryptocurrencies on a block in a wallet and holding onto them for a period of time, making sure they are online. Instead of mining via a server through hardware, cryptocurrencies using blockchain are stored in a staking wallet. In this model, the higher the amount of money you stake, the higher your chances of gaining higher returns. The positive side of this source of crypto passive income is that you can stop staking and sell your coins at any time, they don't depreciate. Some good coins for staking include: NEO, Decred and NavCoin. ICOs (Initial Coin Offering) A digital version of IPOs (Initial Public Offering), ICOs, a type of crowdfunding, are now the most popular fundraising model for new ventures. Mastercoin, which raised 600k USD in August 2013, was the first. Ethereum, which raised 18.4 million USD in June 2014, became the second. Here, you can take part by purchasing the new tokens from the ICO team, in exchange for your investment. Usually, the value of these tokens is expected to appreciate, especially when they become listed on exchanges after a successful ICO. This is exactly the reason why some governments have chosen to classify ICO tokens as securities. Dividends Just like the traditional financial institutions, some crypto exchanges give dividends to holders of their currencies. The currencies are kept in a wallet designed exclusively for this purpose and, at a designated time, give dividends to the holders according to the amount they hold. The dividends represent a portion of the profit earned within a given timeframe. It is a way of encouraging holders to hold their digital currency instead of trading them. Examples of such cryptos are NEO, KUCOIN, NEBLIO etc. Read more on: https://cryptocoin.news/analysis/howtos/passive-earning-opportunities-in-crypto-17251/
Views: 7363 CryptoCoin.News
http://bestsolutions.cu.cc/bethesda-mining-company/ Bethesda Mining is a midsized coal mining company with 20 mines located in Ohio, Pennsylvania, West Virginia and Kentucky. The company operates deep mines as well as strip mines. Most of the coal mined is sold under contract, with excess production sold on the spot market. The coal mining industry, especially high-sulfur coal operations such as Bethesda, has been hard hit by environmental regulations. Recently, however, a combination of increased demand for coal and new pollution reduction technologies has led to an improved market demand for high sulfur coal. Bethesda has just been approached by Mid-Ohio Electric Company with a request to supply coal for its electric generators for the next four years. Bethesda Mining does not have enough excess capacity at its existing mines to guarantee the contract. The company is considering opening a strip mine in Ohio on 5,000 acres of land purchased 10 years ago for $5 million. Based on a recent appraisal, the company feels it could receive $4.5 million on an aftertax basis if it sold the land today. Strip mining is a process where the layers of topsoil above vein are removed and the exposed soil is removed. Some time ago, the company would simply remove the coil and leave the land in an unusable condition. Changes in the mining regulations now force the a company to reclaim the land; that is, when mining is completed, the land must be restored to near its original condition. The land can then be used for other purposes. Because it is currently operating at full capacity, Bethesda will need to purchase additional necessary equipment, which will cost $30 million. The equipment will be depreciated on a seven-year MACRS schedule. The contract runs for only four years. At that time the coal from the site will be entirely mined. The company feels that the equipment can be sold for 60 percent of its initial purchase price. However, Bethesda plans to open another strip mine at that time and will use the equipment at the new mine. The contract calls for the delivery of 500,000 tons of coal per year at a price of $35 per ton. Bethesda Mining feels that call production will be 550,000 tons, 625,000 tons, 710,000 tons, and 640,000 tons, respectively, over the next four years. The excess production will be sold in the spot market at an average of $40 per ton. Variable costs amount to $10 per ton, and fixed costs are $2,500,000 per year. The mine will require a net working capital investment of 3 percent of sales. The NWC will be built up in the year prior to sales. Bethesda will be responsible for reclaiming the land at termination of the mining. This will occur in year 5. The company uses an outside company for reclamation of all the company's strip mines. It is estimated the cost of reclamation will be $3 million. After the land is reclaimed, the company plans to denote the land to the state for use as a public park and recreation area. This will occur in year 6 and result in a charitable expense deduction of $5 million. Bethesda faces a 40 percent tax rate and has a 10 percent required return on new strip mine projects. Assume that a loss in any year will result in a tax credit. You have been approached by the president of the company with a request to analyze the project. Calculate the payback period, profitability index, net present value and internal rate of return for the new strip mine. Should Bethesda Mining take thecontract and open the mine?
Views: 583 green anderson
Malaysian Ringgit Drop | Malaysia's Financial Crisis - Is Bitcoin The Answer?
The Malaysian ringgit is the worst performing currency in Southeast Asia. It's at its lowest point since the Asian economic crisis of 1998. Paper money in general keeps losing value. Bitcoin on the other hand keeps rising in value systematically and can be used as an alternate currency. Is bitcoin the answer? Start mining your own cryptocurrencies from as little as $25 up to $500 ↪ http://start.galaxymining.com/ If you found this video valuable, give it a like. If you know someone who needs to see it, share it. Click here to subscribe: ➤https://www.youtube.com/c/cryptominingchannel?sub_confirmation=1 Why should you mine with Galaxy mine? ↪ bit.ly/WhyYouShouldMineWithGalaxyMine ✓ We are the safest and most generous bitcoin mine in the world. ✓ Best price value for money in terms of GH/s ✓No electricity costs ✓ Galaxy mine makes bitcoin mining as wel as multimining (zcash, ethereum, expanse and soon monero) available for everyone ✓ We use the latest mining equipment to produce bitcoins and other cryptocurrencies, therefore our output is higher than other miners ✓ Advanced Galaxy multimining technology (GPU Multi-Cryptocurrency Mining): Mine multiple coins with your GPU hardware equipment under one contract ✓You do not have to worry that your equipment crashes, overheats, goes outdated or has to be reconfigured – Galaxy Mine takes care of everything ✓No Pool- or Cloudmining, YOU own the equipment ✓ Withdraw your coins whenever you like ✓ No limit on the number of contracts ✓ 3 year contracts with compounding effect ✓ 100% Of your purchase goes into mining hardware (no deduction of fees or commissions, unlike other companies who ask up to 60%) ✓ Our number one goal is to be the most trusted and reliable bitcoin mine in the world ✓ The founder of the company, David Martin, has a strong proven record of integrity, honesty and a shared vision of helping others, Galaxy Mine will be around for a long time and is here to stay! There is an automated repurchase (compound) of hash rate of minimal 35% to 100% to maximize mining power (adjustable daily). After 3 years the original GH/s of your contract is deducted from your accumulated hashrate and mining continues as well as repurchase, as long as the hardware remains sufficiently 'strong', or until mining becomes too difficult for the capacity to handle. *You can register through invitation ONLY, the field "Username of sponsor" must be filled in with "start" so you can enter and start mining!* ★ OPTION A: Join as a member and start mining ($25 to $500 mining contracts): ➤http://start.galaxymining.com/ ★ OPTION B: Become a member of the value club (license cost $405), start mining ($500 to $10.000 mining contracts), refer others and enjoy extra income streams: ➤http://start.lifestylegalaxy.com/ Payments have to be done in bitcoin (except the license with credit card) so you need a bitcoin wallet, it's free (http://www.xapo.com). Choose to mine bitcoins or multimining ➙ select the mining contract of your choice ➙ pay with bitcoin ➙ Galaxy Mine buys the hardware from the manufacturer ➙ after 12 days your hardware is installed in our bitcoin mine and you start mining More information about lifestyle galaxy mining and the value club: 1. https://youtu.be/Josk2VDBxuI 2. https://youtu.be/53Lu_YEyG6Q 3. https://youtu.be/U9OPH5orMFw 4. https://youtu.be/4bOIWVWtnIc Compensation plan (Value club): ➤ https://youtu.be/mXJPIXGqHxk ↪ All Playlists: ➤http://bit.ly/GalaxyMine ➤bit.ly/VisitGalaxyMine ➤bit.ly/MonthlyMiningProfits ➤bit.ly/BitcoinAndCryptoMining ➤bit.ly/AllYouNeedToKnowAboutBitcoin ➤ bit.ly/ValueClubMemberContent ➤bit.ly/ChallengeDragonGames ➤bit.ly/HowToMakeMoneyPlayingGames
Views: 2215 Crypto Mining
More Details: http://www.pakistancrushers.com/contact.php it is reported that the first quarter of 2011, the Heihe port exports to Russia of earthmoving, gravel, sand class 517 sets of equipment, goods worth $21 million 433 thousand and 700, an increase of 237.91%, 149.03%. Stone crushing equipment has become Heihe port exports to Russia's leading machinery and equipment products. From the export type point of view, more than half of the jaw crusher, followed by cone crusher and counterattack crusher, the products are based on machinery and other well-known crusher brand. There are three main reasons for the sharp increase in the export of stone crushing machinery to Heihe port. First, Russia's crushing machinery and construction machinery market demand. Russian construction industry is now booming period, with the rising price of international crude oil, the rapid recovery of the Russian economy, oil and gas, mineral development on the demand for larger crushing machinery industry has developed rapidly, and broken Russian local mechanical products cannot meet the needs of the domestic market, which gives China crushing machinery exports to Russia to create enterprise a great opportunity. Two is China's crushing machinery products, cost-effective. In recent years, China's crushing machinery manufacturing industry has risen rapidly, and its products are high quality and low price. It is favored by Russian users. Three is the unique regional advantages of Heihe port. Heihe port and the Russian city of Blagoveshchensk port and short distance, high specification, products exported in transportation and other advantages relative to the port in the Russian customs clearance and logistics sales etc.. Especially in export transportation, the freezing period does not need to be transported out of the country by means of transport, but through the way of self driving. On the other hand, from 2000 onwards, Russia has become the fastest growing country in the field of construction in the world, and the construction market has increased by 10%~15% annually. Since 2011, Russia's rapid economic recovery, crushing machinery market demand has increased. The surge in investment in Russia, driven by rising property prices, has spurred the construction boom, bringing enormous opportunities for the growth of Russia's crushing machinery and construction machinery market. At the same time, the Russian construction and crushing machinery depreciation rate has reached 45%~75%, local enterprises are difficult to finance, leading to backward technology and management, unable to meet the market demand for equipment. At present, 50% of the machinery used in the country comes from imports, accounting for 30% of total imports. With the Chinese crusher product matures, many well-known brands in the high price of Russia has won wide recognition of customers, but there is a machine for a number of years and has been closely related industry in russia. A brief introduction of principle of machine working type flotation machine and the characteristics of a sand filtration system can not be ignored in the sand production line in more market related article: new mill market competitive advantage on the market of Henan hydraulic cone crusher crusher machine to keep pace with the times to meet the market demand for energy saving and environmental protection machine crusher crusher equipment to deal with the market in China is gradually moving towards the international market http://www.agra-hotels.in/6849/price-of-cone-crusher-in-nigeria/ http://www.agra-hotels.in/6850/new-and-second-hand-coal-mill-price-for-sale/ http://www.agra-hotels.in/6851/books-on-coal-mining-in-nigeria/ http://www.agra-hotels.in/6852/suppliers-of-stone-crushing-plant-and-grinding-machines/
Views: 11 Lilly Workman
http://bestsolutions.cu.cc/expert-solutions-15/ P17-6) Suppose the exchange rate between U.S. dollars and the Swiss franc is SFr1.6 = $1and the exchange rate between the dollar and the British pound is £1 = $1.50. What then is the cross rate between francs and pounds? P17-7) Assume that interest rate parity holds. In both the spot market and the 90-day forward market, 1 Japanese yen equals 0.0086 dollar. In Japan, 90-day risk-free securities yield 4.6%. What is the yield on 90-day risk-free securities in the United States? P17-8) In the spot market, 7.8 pesos can be exchanged for 1 U.S. dollar. A compact disc costs $15 in the United States. If purchasing power parity holds, what should be the price of the same disc in Mexico? Chapter 18 P18-1) a. $5 per share Gross proceeds = (3,000,000)($5) = $15,000,000. Net profit = $15,000,000 -- $14,000,000 -- $300,000 = $700,000. P18-2) P18-7) a. Investment outlay required to refund the issue (all figures after-tax): Chapter 19 P19-2) Consider the data in Problem 18-1. Assume that Reynolds's tax rate is 40% and that the equipment's depreciation would be $100 per year. If the company leased the asset on a 2-year lease, the payment would be $110 at the beginning of each year. If Reynolds borrowed and bought, the bank would charge 10% interest on the loan. In either case, the equipment is worth nothing after 2 years and will be discarded. Should Reynolds lease or buy the equipment? P19-3) Two companies, Energen and Hastings Corporation, began operations with identical balance sheets. A year later, both required additional fixed assets at a cost of $50,000.Energen obtained a 5-year, $50,000 loan at an 8% interest rate from its bank. Hastings,on the other hand, decided to lease the required $50,000 capacity for 5 years, and an 8% return was built into the lease. The balance sheet for each company, before the asset increases, follows: Current assets $ 25,000 Debt $ 50,000 Fixed assets 125,000 Equity 100,000 Total assets $150,000 Total claims $150,000 a. Show the balance sheets for both firms after the asset increases, and calculate each firm's new debt ratio. (Assume that the lease is not capitalized.) b. Show how Hastings's balance sheet would look immediately after the financing if it capitalized the lease. P19-4) Big Sky Mining Company must install $1.5 million of new machinery in its Nevada mine. It can obtain a bank loan for 100% of the purchase price, or it can lease the machinery. Assume that the following facts apply. (1) The machinery falls into the MACRS 3-year class. (2) Under either the lease or the purchase, Big Sky must pay for insurance, property taxes, and maintenance. (3) The firm's tax rate is 40%. (4) The loan would have an interest rate of 15%. (5) The lease terms call for $400,000 payments at the end of each of the next 4 years. (6) Big Sky Mining has no use for the machine beyond the expiration of the lease, and the machine has an estimated residual value of $250,000 at the end of the 4th year.What is the NAL of the lease?
Views: 304 green anderson
Depreciation Accounting (in Hindi)
This video provides the learning on the basics of accounting for depreciation.
Views: 57528 100Centum
Depletion Accounting For Liquidating Dividend Greater Than Accumulated Net Income
Accounting for a liquidating dividend based on the depletion of natural resources, Example: Corp-A is a minning company which owns one major asset (minerals mine) and does not expect to purchase additional property, it may gradually distribute to stockholders their capital investment by paying liquidating dividends which are dividends greater than the amount of accumulated net income, must distinguish between dividends that are a return of capital and those that are not, because the dividend is a return of the investors capital contribution, the company is issuing a liquidating dividend since the mine is nearly depleted of its minerals and investors capital investment is being returned, debit APIC (additional paid in capital) for the portion related to original investment (return of capital investment), detailed accounting and calculations by Allen Mursau
Views: 678 Allen Mursau
Working Capital, Cost Reduction, Equipment Financing
Compound Profit offers financial products and services that include: •Equipment Leasing/Financial Services •Accounts Receivable Factoring/Working Capital Services •Credit Card Factoring •Commercial Credit Builder Services •Digital Marketing and Web Development Services
Views: 125 gfastcar09
Multiple Choice Answers
http://trustedanswers.blogspot.in/2013/12/multiple-choice-answers_5672.html 1. Assets that qualify for interest cost capitalization include 2. Purchased goodwill should be written off as soon as possible against retained earnings. 3. During 2012, Foster Co. incurred average accumulated expenditures of $500,000 during construction of assets that qualified for capitalization of interest. The only debt outstanding during 2012 was a $600,000, 10%, 5-year note payable dated January 1, 2010. What is the amount of interest that should be capitalized by Foster during 2012? 4. On August 1, 2012, Kegan Corporation purchased a new machine on a deferred payment basis. A down payment of $3,000 was made and 4 monthly installments of $4,000 each are to be made beginning on September 1, 2012. The cash equivalent price of the machine was $16,200. Kegan incurred and paid installation costs amounting to $500. The amount to be capitalized as the cost of the machine is 5. On December 1, Young Corporation exchanged 5,000 shares of its $25 par value common stock held in treasury for a parcel of land to be held for a future plant site. The treasury shares were acquired by Young at a cost of $40 per share, and on the exchange date the common shares of Young had a fair market value of $50 per share. 6. Equipment that cost $55,000 and has accumulated depreciation of $25,000 is exchanged for similar equipment with a fair value of $40,000 and $10,000 cash is received (assume commercial substance). 7. On March 6, 2013, Calle Corporation purchased machinery for $25,000. The estimated service life of the machinery is 10 years and the estimated residual value is $5,000. Calle uses straight-line depreciation and follows the half-year convention. What amount of depreciation expense should be recorded for 2013? 8. Witten Co. purchased machinery that was installed and ready for use on January 3, 2011, at a total cost of $230,000. Salvage value was estimated at $30,000. The machinery will be depreciated over five years using the double-declining-balance method. For the year 2012, Witten should record depreciation expense on this machinery of 9. On January 1, 2012, Reiley Co. purchased new machinery for $540,000. The machinery has an estimated useful life of five years, and depreciation is computed by the sum-of-the-years'-digits method. The accumulated depreciation on this machinery at December 31, 2013, should be 10. In January 2012, Kohl Mining Corporation purchased a mineral mine for $6,300,000 with removable ore estimated by geological surveys at 3,000,000 tons. The property has an estimated value of $600,000 after the ore has been extracted. Kohl incurred $1,740,000 of development costs preparing the property for the extraction of ore. During 2012, 300,000 tons were removed and sold. 11. The general ledger of Younger Corporation as of December 31, 2011, includes the following accounts: 12. The following information is available for Barkley Company's patents: Barkley would record a loss on impairment of 13. On January 1, 2010, equipment was purchased that cost $50,000, has a useful life of 10 years, and no residual value. At the beginning of 2014, it was decided that there were only four years remaining in the asset's useful life, instead of six. Assuming the company uses the straight-line method, depreciation expense for 2014 should be 14. The interest cost to be capitalized as part of the cost of an asset should be the total interest cost actually incurred. 15. If an industrial firm uses the units-of-production method for computing depreciation on its only plant asset, factory machinery, the credit to accumulated depreciation from period to period during the life of the firm will be constant. 16. White Printing Company determines that a printing press used in its operations has suffered a permanent impairment in value because of technological changes. An entry to record the impairment should 17. Which of the following is true of depreciation accounting? 18. A loss on impairment of a limited-life intangible asset is the difference between the asset's 19. On October 1, Carr Co. began construction of a small building. Payments of $150,000 were made monthly for three months beginning October 1. The building was completed and ready for occupancy on December 31. In determining the amount of interest cost to be capitalized, the weighted-average accumulated expenditures are 20. Reiley Co. purchased land as a factory site for $1,000,000. Reiley paid $40,000 to tear down two buildings on the land. Salvage was sold for $5,400. Legal fees of $3,480 were paid for title investigation and making the purchase.
Views: 89 Robin Anderson
Download Caledonia Products
Download: http://solutionzip.com/downloads/caledonia-products/ Caledonia Products Calculating Free Cash Flow and Project Valuation It’s been two months since you took a position as an assistant financial analyst at Caledonia Products. Although your boss has been pleased with your work, he is still a bit hesitant about unleashing you without supervision. Your next assignment involves both the calculation of the cash flows associated with a new investment under consideration and the evaluation of several mutually exclusive projects. Given your lack of tenure at Caledonia, you have been asked not only to provide a recommendation, but also to respond to a number of questions aimed at judging your understanding of the capital-budgeting process. The memorandum you received outlining your assignment follows: To: XXXXX XXXXX Financial Analyst From: Mr. V. Morrison, CEO, Caledonia Products Re: Cash Flow Analysis and Capital Rationing We are considering the introduction of a new product. Currently we are in the 34% tax bracket with a 15% discount rate. This project is expected to last five years and then, because this is somewhat of a fad project, it will be terminated. The following information describes the new project: Cost of new plant and equipment: $ 7,900,000 Shipping and installation costs: $ 100,000 Unit sales: Year Units Sold 1 70,000 2 120,000 3 140,000 4 80,000 5 60,000 Sales price per unit: $300/unit in years 1–4 and $260/unit in year 5. Variable cost per unit: $180/unit Annual fixed costs: $200,000 per year Working capital requirements: There will be an initial working capital requirement of $100,000 just to get production started. For each year, the total investment in net working capital will be equal to 10% of the dollar value of sales for that year. Thus, the investment in working capital will increase during years 1 through 3, then decrease in year 4. Finally, all working capital is liquidated at the termination of the project at the end of year 5. Depreciation method: Straight-line over 5 years assuming the plant and equipment have no salvage value after 5 years. 1. Why should Caledonia focus on project free cash flows as opposed to the accounting profits earned by the project when analyzing whether to undertake the project? 2. What are the incremental cash flows for the project in years 1 through 5 and how do these cash flows differ from accounting profits or earnings? 3. What is the project's initial outlay? 4.Sketch out a cash flow diagram for this project. 5. What is the project’s net present value? 6. What is its internal rate of return? 7. Should the project be accepted? Why or why not?
Views: 56 Solution ZIP
Royalty Accounts
Lecture on 'Royalty Accounts' by the department of Management Studies, Garden City College, Bangalore
Views: 139702 Garden City University
11 - Accounting for Natural Resources
An overview of accounting for natural resources, to accompany http://www.principlesofaccounting.com Chapter 11, Advanced PP&E Issues *Check out the Classroom page to find out how to take this course for credit: http://www.principlesofaccounting.com/classroom.html
Views: 8403 Larry Walther
Download Clark Paints Solution
Download: http://solutionzip.com/downloads/clark-paints-solution/ Clark Paints: The production department has been investigating possible ways to trim total production costs. One possibility currently being examined is to make the paint cans instead of purchasing them. The equipment needed would cost $200,000, with a disposal value of $40,000, and it would be able to produce 5,500,000 cans over the life of the machinery. The production department estimates that approximately 1,100,000 cans would be needed for each of the next five years. The company would hire three new employees. These three individuals would be full-time employees working 2,000 hours per year and earning $12.00 per hour. They would also receive the same benefits as other production employees, 18% of wages, in addition to $2,500 of health benefits. It is estimated that the raw materials will cost 25¢ per can and that other variable costs would be 5¢ per can. Since there is currently unused space in the factory, no additional fixed costs would be incurred if this proposal is accepted. It is expected that cans would cost 45¢ each if purchased from the current supplier. The company’s minimum rate of return (hurdle rate) has been determined to be 12% for all new projects, and the current tax rate of 35% is anticipated to remain unchanged. The pricing for a gallon of paint, as well as the number of units sold, will not be affected by this decision. The unit-of-production depreciation method would be used if the new equipment is purchased. Required: 1. Based on the above information and using Excel, calculate the following items for this proposed equipment purchase: o Annual cash flows over the expected life of the equipment o Payback period o Annual rate of return o Net present value o Internal rate of return 2. Would you recommend the acceptance of this proposal? Why or why not? Prepare a short double-spaced Word paper elaborating and supporting your answer.
Views: 320 Solution ZIP
Mod-22 Lec-26 Depreciation Accounting (Contd.)
Economics / Management / Entrepreneurhip by Prof. P.K.J. Mohapatra, Department of Nanotechnology, IITKharagpur. For more details on NPTEL visit http://nptel.iitm.ac.in
Views: 747 nptelhrd
Royalty account  by  Santosh kumar (CA/CMA)
This is only a demo class. classes are available for CA/CMA/CS/B.COM( All universities), 11th, 12th. Classes are available in Returnable Pen drive mode in India. for any query, please contact us on 8448322142
Views: 198197 santosh kumar
A Cryptocurrency Film That Will Leave You Speechless
►Buy/Sell Alerts https://www.patreon.com/snipers ►Join Our Community https://discord.gg/HqgQA9D ►Follow Us On Twitter! https://twitter.com/sniperstube
Views: 17679 Naeem Al-Obaidi
One Cedi
When my family visited Ghana over the summer, it seemed like everything costed exactly one cedi (the Ghanian currency), whether it was for a parking spot or internet use. So I wrote a little song about it and recorded it on my mandolin. Sorry about the poor quality of the pick. After spending so much money on state-of-the-art recording equipment and a professional singer, I couldn't afford a proper pick.
Views: 801 Adam Gianforte
Increase the Sales in your Auto Service Department  (FIXED OPS)
http://servicecalc.vehiclecalc.com/ http://servicecalc.vehiclecalc.com/ http://servicecalc.vehiclecalc.com/ Click on link above to Request a FREE Demo INCREASE CP SERVICE DEPARTMENT SALES (Boost Fixed Ops Sales) increase hours per ro (Service Accessory Menu) Maintenance & Menu Selling automotive service sale menu, Sell maintenance menu services,service selling menu solution, Parts and Service menu services,Automotive Service Menu Software,Maintenance & Menu Selling.fixed ops, Fixed Operations Director, Service and Parts Director, Fixed Ops Magazine, Fixed-ops News, Fixed-Ops Automotive Solutions, Online Service Menus, automotive fixed ops, automotive fixed ops consulting, Driving Fixed Operations Revenue, Smart Marketing for Fixed Operations. Mining for Gold in the Service Department, tags: Tags:substantially improve your fixed operations profitability,(automotive service department sales) How to increase the Sales in your Auto Service Department, Automotive Service Department Consulting And Fixed ops consulting, fixed operations consulting and training,improve dealership, FLUIDRX, FLUID RX, FLUID test strips, fixed operations profits,improve CSI,Service Advisor training programs,Service Management training programs,sell maintenance, "Fixed Ops Solutions" "Fixed Operations Consultant" .fixedopsmag "dealership General Manager" "Service Manager" "Parts Manager" "Fixed Operations" "Fixed operations directors" "Fixed Ops Sales" fixed ops, Fixed Ops Magazines, Help Fixed Operations Directors Fixed-ops News, Fixed Operations News, New Fixed Operations Solutions sell accessories,sell service contracts,sell tires,sell new cars, Automotive Consultants, fixed operations automotive Consultants, fixed operations management training Consultants, fixed ops consultant, fixed operation-consulting firm, dealer consulting service, Auto dealer consulting services, automotive dealership consulting services, Consulting for Automobile Dealerships, FIXED OPERATIONS CONSULTING, fixed operations consulting company, Customizable Service Menus car dealer service department parts accessory sales vehicle inspection automotivedigest automotive digest autodigest fixed ops magazine director advisor tool Automotive Consultants, fixed operations automotive Consultants, fixed operations management training Consultants, fixed ops consultant, fixed operation-consulting firm, dealer consulting service sell cpo cars,sell extended warranties,increasing ELR,increase CP sales,increase hours per,SERVICE ADVISOR SALES,automotive fixed ops consultant,fixed ops,automotive news, fixed ops magazine, automotive fixed ops consulting, automotive fixed ops,Best Practice,Menu Selling, Service Selling Processes,Service Department Merchandising, accessory Merchandising,service Menu Selling,Walk Around Training,Improve Fixed Absorption,Increase Labor Parts Sales,Service Advisor Training,Increase Your Gross Profit,Increase Net Profit,dealer day,sema accessory,new car dealerships,Fixed operations director, General Manager, Service Manager, Parts Manager,Fixed Ops articles,service department articles,accessory displays,automotive accessory marketing, service department solutions, nada,Dealer Marketing,aftermarket products sales, National Automotive Experts,finance department,used vehicle sales,increase cp and parts sales,increase cp labor and gross profits,increase cp gross profit per ro, Boost profits and increase customer-paid service work,OEMs, PRO PLEDGE,SEMA SHOW,service manager sales, DEALER Service Department,Service Advisor,Automotive Industry News, Automotive News, Auto News, auto dealer news, Wards Dealer Business,fixed ops, Fixed operations director, Fixed-Ops,service department marketing, service department merchandising, dealer parts department marketing, dealer parts department merchandising, Dealer Fixed Operations, F&I, F&I service contract sales,F&I exteneded warranty sales, Marketing Solutions for Automobile Dealers,digital marketing campaign, dealer conference, Dealer Conference & Exposition,dealer-seo.com,dealer seo, AUTO SUCCESS, Automotive Advertising Products,Dealer Performance Groups,20 Group,NADA20 dealer magazines group,Twenty Group, 20 Group, Automotive Consulting, dealer-magazine, dealer 20 groups sema,autodealermonthly, auto dealer monthly best practices and new ideas,Successful Deale,Car Dealer Magazine,Automotive News,fixed opps, dealer articles,Service Dealer magazine,Car Dealer Magazine,Hours per CP RO CP "Sell maintenance menu services" "service selling menu solution" "Maintenance & Menu Selling." (INCREASE HOURS PER REPAIR ORDER) labor dollars, number of CP ROs,effective CP hourly labor rate, service department's sales process,Hours Per Repair, CP sales,increase cp service sales,2010 SEMA Show, Specialty Equipment Market Association (SEMA), SEMA DEALER DAY,NADA,Dealer Accessory Programs,Dealer Day Conference,
Views: 3153 ServiceSalesPro
CFA Tutorial: Financial Statement Analysis (Amount Capitalization)
Get free 10 days CFA tutorials: http://www.edupristine.com/ca/free-10-day-course/cfa-financial-reporting-and-analysis/ Amount capitalization includes: -Purchase price of asset -Installation Charge -Cost of rebuilding the asset More about CFA on: http://www.edupristine.com/ca/courses/cfa/ About EduPristine: Trusted by Fortune 500 Companies and 10,000 Students from 40+ countries across the globe, EduPristine is one of the leading Training provider for Finance Certifications like CFA, PRM, FRM, Financial Modeling etc. EduPristine strives to be the trainer of choice for anybody looking for Finance Training Program across the world. Subscribe to our YouTube Channel: http://www.youtube.com/subscription_center?add_user=edupristine Visit our webpage: http://www.edupristine.com/ca
Views: 127 EduPristine
ACC 557
http://questionssolved.com/acc-557-entire-course-strayer/ Lashkova Company had accounts receivable of $100,000 on January 1, 2014. The only transactions that affected accounts receivable during 2014 were net credit sales of $1,000,000, cash collections of $920,000, and accounts written off of $30,000. On January 1, 2014, Derek Company had Accounts Receivable $139,000, Notes Receivable $30,000, and Allowance for Doubtful Accounts $13,200. The note receivable is from Kaye Noonan Company. It is a 4-month, 12% note dated December 31, 2013. Derek Company prepares financial statements annually. During the year, the following selected transactions occurred. Global Airlines is considering two alternatives for the financing of a purchase of a fleet of airplanes. These two alternatives are: Pueblo Company issued $300,000 of 5-year, 8% bonds at 98 on January 1, 2014. The bonds pay interest twice a year. Tucki Co. receives $240,000 when it issues a $240,000, 8%, mortgage note payable to finance the construction of a building at December 31, 2014. The terms provide for semiannual installment payments of $17,660 on June 30 and December 31. On January 1, 2014, the ledger of Shumway Company contains the following liability accounts. Journalize the adjusting entries at January 31 for the outstanding notes payable. (Hint: Use one-third of a month for the DeKalb Bank note.) Presented below are selected transactions at Tomas Company for 2014. On July 1, 2014, Sutton Inc. invested $720,000 in a mine estimated to have 800,000 tons of ore of uniform grade. During the last 6 months of 2014, 120,000 tons of ore were mined and sold. The following are selected 2014 transactions of Yosuke Corporation. On January 1, 2014, Thao Company purchased the following two machines for use in its production process. Prepare the following for Machine A. Fallow Co. had the following transactions during the current period. The stockholders' equity accounts of Terrell Corporation on January 1, 2014, were as follows. On January 1, Vince Corporation purchased a 25% equity in Morelli Corporation for $180,000. At December 31, Morelli declared and paid a $60,000 cash dividend and reported net income of $200,000. Chicory Cosmetics acquired 15% of the 200,000 shares of common stock of Racine Fashion at a total cost of $13 per share on March 18, 2014. On June 30, Racine declared and paid a $60,000 dividend. On December 31, Racine reported net income of $122,000 for the year. At December 31, the market price of Racine Fashion was $15 per share. The stock is classified as non-trading. Frank, Inc., obtained significant influence over Nowak Corporation by buying 30% of Nowak's 30,000 outstanding shares of common stock at a total cost of $9 per share on January 1, 2014. On June 15, Nowak declared and paid a cash dividend of $30,000. On December 31, Nowak reported a net income of $80,000 for the year. In January 2014, the management of Stefan Company concludes that it has sufficient cash to permit some short-term investments in debt and stock securities. During the year, the following transactions occurred. Tim Latimer Corporation had the following transactions. Bracewell Company reported net income of $195,000 for 2014. Bracewell also reported depreciation expense of $40,000 and a gain of $5,000 on disposal of plant assets. The comparative balance sheet shows an increase in accounts receivable of $15,000 for the year, a $17,000 increase in accounts payable, and a $4,000 decrease in prepaid expenses. The three accounts shown below appear in the general ledger of Chaudry Corp. during 2014. The income statement of Toby Zed Company is presented here.
Views: 796 Ruth Anderson
Women's Edition: 5 POWERFUL Lessons A Millionaire Taught Me About Life, Wealth & Success (Audiobook)
► Your FREE Gift: LAW OF ATTRACTION Booster MP3 ► https://manifestmyowndestiny.com/loa-booster/ Free WEALTH Booster MP3 ► https://manifestmyowndestiny.com/wealth-booster/ The Five Lessons a Millionaire Taught Me About Life and Wealth For Women (Full Audiobook) by Richard Paul Evans Easy to understand and simple to apply, The Five Lessons a Millionaire Taught Me About Life and Wealth is one of the most powerful books ever written about money. This book will change your life... When I was 12-years-old my father, a building contractor, fell through a stairwell shattering the bones in both of his legs. He was out of work for more than a year. To make matters worse we had no disability or health insurance. Our family of ten was destitute. We moved into a three-bedroom duplex. I slept on the floor for two years. At this time something happened that changed my life. A kindly multi-millionaire invited all the youth in the area to the local church. He wanted to teach us the 5 lessons of wealth. As you can imagine I attended his talk and listened very carefully. And those five lessons changed my life. By the age of sixteen, I bought my own car and paid most of my own expenses. By nineteen I paid for my own church mission and college. By the age of thirty-one, I paid off my home. Now, in addition to helping my family, I have been able to help thousands of abused children around the world. Thousands of lives have been affected because I learned those five lessons. Now I want to share them with you... Life isn’t about money. It’s about God. It’s about love. It’s about family and relationships. It’s about personal evolution, learning, and growth. However, part of our growth is learning balance between the different forces of life. For those who do not accept responsibility for financial matters, life is thrown out of balance. To the financially enslaved, life becomes all about money. It’s not. I believe that fiscal irresponsibility is one of the gravest problems facing modern America. Too many have sold themselves into financial bondage. Too many are missing the opportunities and abundance life has to offer. If you want to be part of the solution read this book. Learn the five lessons then teach your family and friends. I’m grateful that they were shared with me. Evans' book, The Five Lessons a Millionaire Taught Me, describes the steps that lead to wealth: #1: Decide to Be Wealthy "A dentist friend once told me: 'Those who don't think about their teeth (early in life) are those who later in life spend the most time thinking about them.' It's no different with money." … "the people I know who are the most obsessed with money are not millionaires … (they) are the ones who are living paycheck to paycheck" … "To be in great fiscal health is very much like being in great physical health: it allows you to do more and be more, and it permits you to live your life free of constant pain and bondage." #2: Take Responsibility for Your Money This step involves knowing three things: Know how much money you have. What's your net worth? Know where your money comes from. Record every gift, tip, bonus, interest payment, etc.) Know where your money is going. Your car, for example, doesn't just cost the sticker price, it also costs insurance, repairs and registration fees. #3: Keep a Portion of Everything You Earn He recommends keeping a minimum of 10 percent of your regular paycheck, plus 90 to 100 percent of your side income. #4: Win in the Margins "The most money I've made in my lifetime was on a side project," he said. "(But) it wasn't my first venture. It was my fourteenth." In other words, keep your day job, but always look for ways to earn more on the side. #5: Give Back Generosity feeds the soul. Give financially to good causes that have a proven track record of properly handling money. In addition, teach others the principals of becoming wealthy. It's through teaching that we learn. --------------------------- Keep Watching: 5 POWERFUL Lessons A Millionaire Taught Me: What I Learned About Life, Wealth & Success (Audiobook) https://youtu.be/4Z0MOhyPjNc Powerful Secrets To Prosperity, Abundance, & Wealth As Explained By The Scriptures Of The Holy Bible https://youtu.be/kZWypRJkHak Copyright Disclaimer: All audio content belongs to their original creators/owners. Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use. Please notify by email if there is a copyright concern. CONTACT INFO: [email protected]
Lawrence Burns: "AUTONOMY: The Quest to Build the Driverless Car [...]" | Talks at Google
Lawrence D Burns, former General Motors executive and current advisor to the Google self-driving car project Waymo, offers an exhilarating history of the quest to make the driverless car a reality.AUTONOMY is the ultimate guide to understanding the driverless car and to navigating the revolution it promises. Get the book here: https://goo.gl/BB2HGo Moderated by Jeremy Hylton, Engineering Director, Google Maps.
Views: 3062 Talks at Google
The Stories We Tell About Money
In this talk, Andreas recounts the history of Bitcoin and what it represents, building upon all the stories we've been told over the centuries about what "money" is, how we perceive its value, and why the old answers have changed as we adjust to this new world of digital peer-to-peer currencies. He also discusses global threats to economic stability and trust in the financial system, including demonetisation and wealth destruction through inflation. This talk took place at the JW Marriott Sahar (International Airport) on March 26th 2017 in Mumbai, India: https://www.townscript.com/e/bitcoin-talk-by-the-world-famous-andreas-antonopoulos-203132 TOPICS: In the beginning... 00:00 Digital scarcity 00:41 Peer-to-peer network 01:34 Solving the double-spending problem 01:59 Cash, peer-to-peer without intermediaries 04:10 People paying companies to maybe pay people 04:34 The un-banked and the under-banked 05:28 Bitcoin - digital money as cash 06:08 What is cryptocurrency? 07:16 Independent self-verification 08:42 Why the Internet is special - global free flow of information 10:24 Why Bitcoin is special - global free flow of money 12:24 The bizarre aspects of traditional banking 13:34 Adjusting to this new world 15:36 Governments attempting to control Bitcoin 16:48 "Who's in charge?" - system of trust without hierarchy 18:18 People who see Bitcoin's strengths as flaws 20:20 Multi-signature schemes for consumer protection 21:19 Our misunderstanding of the most ancient technology 23:20 What gives money value? Stories we tell, promises we trust 26:30 The shared hallucination of paper money 29:48 False promises and the myth of "zero-value" currencies 31:22 Gresham's Law in India 34:02 The characteristics of good money & currency 35:13 Difficulties of barter at a large scale 36:49 Ancient tokens of values 38:13 Scarcity vs. inflationary supply, debt & devaluation 39:11 Bitcoin vs. traditional money as a store of value 41:52 "How much is a bitcoin worth?" 43:05 Digital gold 43:47 "Fake money" resolved by the market 44:21 Closing summary & remarks 45:17 QUESTION & ANSWER: What happens to our bitcoins during a hard fork? - https://youtu.be/sNR76fWd7-0 What is the role of nodes? - https://youtu.be/fNk7nYxTOyQ Price premiums and arbitrage - https://youtu.be/B4tsk-ZiHuE Fee markets, SegWit, and scaling - https://youtu.be/zxt-FLzZPhg Who is Satoshi Nakamoto? - https://youtu.be/1iEv-gUZNx4 Unlimited vs. Cypherpunks - https://youtu.be/5adgo4-32HU RELATED: Aadhaar and blockchain identities - https://youtu.be/GylSvJf53zI Why KYC is dangerous - Microviolations of Privacy As Payment - https://youtu.be/rwF7nMWUjBs Privacy, Identity, Surveillance and Money - https://youtu.be/Vcvl5piGlYg Remittances & smuggling in Venezuela - https://youtu.be/RRXecXfWARw Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and well-respected figures in bitcoin. Follow on Twitter: @aantonop https://twitter.com/aantonop Website: https://antonopoulos.com/ He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters. Subscribe to the channel to learn more about Bitcoin & open blockchains; click on the red bell to enable notifications about new videos! MASTERING BITCOIN, 2nd Edition: https://amzn.to/2xcdsY9 Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations-of-mastering-bitcoin/ THE INTERNET OF MONEY, v1: https://amzn.to/2ykmXFs THE INTERNET OF MONEY, v2: https://amzn.to/2IIG5BJ Translations of THE INTERNET OF MONEY: Spanish, 'Internet del Dinero' (v1) - https://amzn.to/2yoaTTq French, 'L'internet de l'argent' (v1) - https://www.amazon.fr/Linternet-largent-Andreas-M-Antonopoulos/dp/2856083390 Russian, 'Интернет денег' (v1) - https://www.olbuss.ru/catalog/ekonomika-i-biznes/korporativnye-finansy-bankovskoe-delo/internet-deneg Vietnamese, 'Internet Của Tiền Tệ' (v1) - https://alphabooks.vn/khi-tien-len-mang MASTERING ETHEREUM (Q4): https://amzn.to/2xdxmlK Videography: Zebpay Bitcoin India Music: "Unbounded" by Orfan (https://www.facebook.com/Orfan/) Outro Graphics: Phneep (http://www.phneep.com/) Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)
Views: 127151 aantonop
Trump's Commerce Secretary Faces Massive Corruption Investigation
It's no secret that Donald Trump's entire cabinet, his administration, the agency heads that he's put in place, they all reek of corruption. Wilbur Ross is no exception. Ring of Fire’s Farron Cousins discuss this issue. Support us by becoming a monthly patron on Patreon, and help keep progressive media alive!: https://www.patreon.com/TheRingofFire Spread the word! LIKE and SHARE this video or leave a comment to help direct attention to the stories that matter. And SUBSCRIBE to stay connected with Ring of Fire's video content! Support Ring of Fire by subscribing to our YouTube channel: https://www.youtube.com/theringoffire Be sociable! Follow us on: Facebook: http://www.facebook.com/RingofFireRadio Twitter: http://www.twitter.com/RingofFireRadio Google+: http://plus.google.com/118415831573195648557 Instagram: https://www.instagram.com/ringoffirenetwork/ Follow more of our stories at http://www.TROFIRE.com Subscribe to our podcast: http://www.ROFPodcast.com Hi, I'm Farron Cousins, and this is "Ring of Fire". You know, it's no secret that Donald Trump's entire cabinet, his administration, the agency heads that he's put in place, they all reek of corruption, but so far most of that coverage of the corruption has focused on Scott Pruitt, who's since resined, Tom Price, who had since resigned, Ryan Zinke, Betsy DeVos, Ben Carson, all of whom are actually currently under different investigations at the moment for their corruption. One person that's actually managed to kind of skate by is Wilbur Ross, the Commerce Secretary that Donald Trump put in power. Wilbur Ross himself is actually a billionaire, much like Betsy DeVos. Just like Betsy DeVos, his entire career with the Trump Administration has been riddled with conflicts of interest, most of which border on illegal. According to a new complaint filed by the Campaign Legal Center this week, Wilbur Ross has been using his office and his power within the Federal Government to basically advise himself on stock trades, which is a massive conflict of interest that, yes, is 100% illegal. Here's what the Campaign Legal Center has to say. First and foremost, Wilbur Ross promised upon taking office that he was going to divest from all of his personal finances. He wasn't going to be involved with it. He had no say over any of it. He was just going to do his job at the Commerce Department. His stocks were going to do their own thing with whoever he trusts them with. That didn't happen. He did not divest. There's no evidence to suggest he divest, and furthermore there's actually plenty of evidence to suggest that he did not in fact divest from any of his financial holdings. Again, this man is a billionaire, a billionaire. More money than he knows what to do with, but like so many other billionaires in this country, it's never enough. According the complaint by Campaign Legal Center, Wilbur Ross has on multiple different occasions shorted his own stocks that he owns, sells them for less than they're worth, in order to dump them, usually a day or two before massive news comes out that would end up hurting those stocks. Specially, the stocks they name are Air Lease, Sun Bancorp, and a major holding a Chinese steel company that obviously was effected greatly by Donald Trump's tariffs. He dumped those stocks with insider knowledge so that he didn't lose money. You know, if that sounds familiar, it should, because that is literally the exact same thing that Chris Collins got popped for last week, arrested for, when he held stock in a pharmaceutical company. He knew that the FDA did not approve their latest drug and that it would hurt the stocks, so he called his son told him to dump the stock the day before the announcement was made. They ended up not losing $750,000 that everybody else lost basically because the stock fell I think 90%. Nonetheless, Wilbur Ross is doing the same thing on a fairly regular basis as the Secretary of Commerce here in the United States. While the Campaign Legal Center is not suing him per se for these conflicts of interest, they're calling on the Inspector General's Office at the Commerce Department to investigate him to figure this out, to find out if this man is in fact using his office to either make himself richer or avoid major financial losses. Both of those are completely illegal, but according to the evidence it looks pretty much like we can guarantee Wilbur Ross has been doing this since he came into power. It's not just the Commerce Secretary. It's not just the staffers. Let's not forget how corrupt and incompetent Donald Trump himself is. A few days ago, he was in New York, and he was stumping for republican representative Claudia Tenney. During his little stump speech, he kind of went on a tangent a bit about taxes in New York State.
Views: 58568 The Ring of Fire
Calculate the % of Total Using Absolute Cell References
When you want to see daily sales as a percentage of a total, use Absolute Cell References in your formula. Visit my website - http://thecompanyrocks.com/excels to view all of my Excel Video Lessons.
Views: 98946 Danny Rocks
zenith mineral processing plant in Sichuan China
In west China Sichuan province, our ZENITH mineral plant is exploiting different mines, whether obstructed by rain, frozen, rocks, or whatever, we shoulder our customers’ entrust and never let them down!
Watch the second presidential debate between Donald Trump and Hillary Clinton
The second presidential debate between Hillary Clinton and Donald Trump began by addressing the frenzy around Trump's sexually aggressive words in a 2005 video. When it was over, the candidates had responded to questions about Syria, taxes, health care, energy policy, serving as role models, and what they admire in each other.
Views: 382064 PBS NewsHour
2018-12-05 Question Period
Question Period: December 5, 2018
Views: 1244 OntarioLegislature
CBC News Special: Clinton vs. Trump - The 2nd debate
Rosemary Barton hosts CBC special coverage of the town hall debate between Donald Trump and Hillary Clinton at Washington University Follow our live blog for more up to date information on the election: http://www.cbc.ca/news2/interactives/breaking/us-presidential-debate-oct-9/
Views: 49827 CBC News
Tally ERP 9-GST Entries for Manufacture, Production, Raw Material Consuming in Tally Part-9 (Hindi)
Learn GST Accounting Entries for Manufacturing, Production and Raw Material Consuming in Tally ERP 9 Using Bill of material (BOM) Method, How to Maintain Production Account, How to Calculate Cost of Production, Learn What is the Process to maintain manufacturing company accounts in tally, How to Track raw materials position, costing, finished goods costing, How to Create manufacturing Journal in Tally for Production of Goods Consuming Raw Materials Under GST in Hindi, How to Set Up Ledgers for GST Accounting. Also Learn Reverse Charges Method or Reverse Charges mechanism under GST for all Expenses in manufacturing process. It is Full Step by Step Tally Tutorial in Hindi. Must watch to master in tally accounting practical approach to work smartly. This Tally Hindi Video Tutorial Based on Advance, Professional, expert Tally courses. It is a Part of RSCFA Course. Watch All Videos on GST Accounting in Tally Day by Day – Part-1- Tally New Version for GST |How to Download and Install https://www.youtube.com/watch?v=SrW5yBYDryA Part-2- GST Accounting Entries in Tally https://www.youtube.com/watch?v=ZHm5GIBlaF4 Part-3- Tally ERP9-GST Accounting Entries for Services in Tally https://www.youtube.com/watch?v=zuebaPA4lqU Part-4-GST Accounting Entries for Reverse Charge on Purchase from Unregistered Dealer in https://www.youtube.com/watch?v=p2eWqPfsf_s Part -5- Multiple Tax Rate Items in Single Invoice GST Accounting Tally https://www.youtube.com/watch?v=YYR99HReFx8 Part-6 HSN Code, GSTIN Number,Multiple Tax Rate Items in Invoice https://www.youtube.com/watch?v=Edm1m5oxrig part-7 GST Accounting with Debit Note, Credit Note, Discount Paid,Discount Receive https://www.youtube.com/watch?v=J91HxbW4Ss4 Part-8 -How To Round off Invoice Value with GST https://www.youtube.com/watch?v=xoajErjQ5d4 Thanks for Watching!!! Have a Nice Day! Visit Our Website: http://www.cpitudaipur.com Visit Our Blog: http://cpitudaipur.blogspot.in/ Like Our Facebook Page: http://facebook.com/cpitudr Please Subscribe to Our Channel https://www.youtube.com/channel/UCSMsxXvvi-7XvygtsMWRBOg
23 Fraud Schemes
This is an interesting lesson about the different types of fraud schemes. An awareness helps the auditor identify fraud during their procedures. Learn more and become student at EF University for FREE - http://executivefinance.teachable.com/ Like us Facebook- https://www.facebook.com/exfinance/ Linkedin- https://www.linkedin.com/company/executive-finance Twitter- https://twitter.com/exfinance
Views: 15407 Executive Finance
Monetory Policy
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Chad Brownstein on taking advantage of the new Corporate Tax Rate
Chad appeared on Fox News to discuss some of the implications of the new tax bill that comes into effect on 1/1/2018.
Views: 94 Chad Brownstein
Industry 4.0 and the Digital Enterprise
Digitalization is coming fast in Industry 4.0. He who hesitates during Industrial Revolutions is lost, and this will be especially true in a digital world.
Views: 16677 Siemens PLM
Bucyrus Erie Steam shovel operating. 2013
via YouTube Capture
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