At company purchased a tractor at a cost of 60000 the

Assignment Help Accounting Basics
Reference no: EM13595518

AT Company purchased a tractor at a cost of $60,000. The tractor has an estimated salvage value of $10,000 and an estimated life of 8 years, or 12,000 hours of operation. The tractor was purchased on January 1, 2012 and was used 2,400 hours in 2012 and 2,100 hours in 2013. What method of depreciation will produce the maximum depreciation expense in 2013?

Reference no: EM13595518

Questions Cloud

Stock a has a beta of 5 and investors expect it to return 5 : stock a has a beta of .5 and investors expect it to return 5. stock b has a beta of 1.5 and investors expect it to
A person of weight 80 kg jumped off a platform of height 1 : a person of weight 80 kg jumped off a platform of height 1 m and safely landed on his feet. what is the magnitude of
A certain applications requires a mterial that is : a certain applications requires a mterial that is lightweight an electrical insulator and has some flexibility.a which
Indicate if each transaction and events is a source of : indicate if each transaction and events is a source of casha use of cash andor an adjustment leading to a source or use
At company purchased a tractor at a cost of 60000 the : at company purchased a tractor at a cost of 60000. the tractor has an estimated salvage value of 10000 and an estimated
Question explain how the mass of a single atom in an : question explain how the mass of a single atom in an element jn amu the mass of one mole of atoms of that element and
Calculate the ph after the following volumes of titrant : consider the titration of 40.00 ml of 0.500 m hco2h with 0.500 m naoha calculate the ph after the following volumes of
Describe how to convert between the mass and the number of : describe how to convert between the mass and the number of moles of a substance.show how you convert 4.5 moles h2o to
Merliss companya specialty boat-accessory manufacturer is : merliss companya specialty boat-accessory manufacturer is expecting growth in sales of certain low price products.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd