Calculate the depreciation for year four

Assignment Help Financial Management
Reference no: EM132066886

Al Smith bought a duplicating machine for $32,000 with a residual value of $2,000 on March 20. The estimated life of the machine is 5 years. Al will use the sum-of-the-years'-digits method. Calculate the depreciation for year 4?

Reference no: EM132066886

Questions Cloud

Discuss about multi-generational administrative workforce : Much attention is given to discuss the multi-generational clinician workforce, but what about multi-generational administrative workforce?
Consider the marking to market on futures contract : How come we do not consider the marking to market on futures contract?
Provide and evaluation of your own leadership style : Provide and evaluation of your own leadership style and determine what changes need to be made to be a more effective leader.
When engages in contractionary monetary policy : Know federal reserve when engages in contractionary monetary policy?,
Calculate the depreciation for year four : The estimated life of the machine is 5 years. Al will use the sum-of-the-years'-digits method. Calculate the depreciation for year 4?
Compare the risks and benefits of a social-organization : Compare the risks and benefits of a social-organization as it relates to change and innovation.
Determine an evidence-based practice project : In order to evaluate an evidence-based practice project, it is important to be able to determine the effectiveness of your change.
What is the amount of inventory the firm reported : what is the amount of inventory the firm reported on their balance sheet? The firm's earnings totaled $18,000 on sales of $47,000.
Discuss the two sources of innovation classified : Provide an example of each classification and discuss two (2) driving factors that encouraged the development of these innovations.

Reviews

Write a Review

Financial Management Questions & Answers

  Explain difference between bid and ask from your perspective

Explain the difference between bid and ask from your perspective.

  What rate of return is the market offering

A bond issued by the Harris Corporation has a coupon rate of 9 ¼ percent. It matures in 2020. If the price in the market is selling for $1,055.00, should you buy this bond? What rate of return is the market offering?

  About the merger valuation

Harrison Corporation is interested in acquiring Van Buren Corporation. Assume that the risk-free rate of interest is 5%, and the market risk premium is 6%.

  Compute the new price of the bond

Compute the new price of the bond and comment on whether you think it is overpriced in the marketplace

  About the hedging strategy

Now suppose you want to hedge your position in Morgan Stanley stock with the S&P 500 ETF. Can we empirically delta hedge this way? Why or why not? What position do you have to take in the S&P 500? What does this tell us about the hedging strategy?

  Organization demonstrates commitment to integrity and values

COSO Framework Components and Principles #1 is “The organization demonstrates a commitment to integrity and values.”

  Differences between ordinary shares and preference shares

State two differences between ordinary shares and preference shares An ordinary share pays annual dividends.

  Response to expected run-up in stock market

Assume that you are about to select a specific stock that will perform well in response to an expected run-up in the stock market.

  Determine the amount you would be willing to pay

Determine the amount you would be willing to pay for a $1,000 par value bond paying $80 interest each year  and maturing in 12 years, assuming you wanted to earn a 9% rate of return.

  Foreign car owners obtained a forty percent response rate

A survey of foreign car owners obtained a forty percent response rate. Sixty six percent indicated plans to purchase another foreign car at some time in future

  Calculate the price of albridges share price

Albridge plc is planning to buy the whole of Woodier plc's equity for cash. At present no news has been officially released to the market, and senior management are concerned as to how the share price of Albridge plc will react to the news. Calculate..

  Planning to replace some existing machinery

Crescent Industries management is planning to replace some existing machinery in its plant. What should be the selling price of the? bond?

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