Ⅰ.Journalization.[40%]1.Jan.1,X Corp.invested 120000 cash and 25000 of equipment in the business;(If we use theaccelerated method of sum-of -years'-digits to record the depreciation,pleasedetermine the depreciation schedule to show depreciation expense,accumulateddepreciation and book value of...
For example, maximizing return on capital should not take precedence to maximizing economic profit, a measure that considers both the return on capital and the magnitude of investment. At the end of the day, the present value of cash flow drives value and that cash flow in large part ...