Calculate the doblin corp purchased equipment

Assignment Help Accounting Basics
Reference no: EM132459607

Question Problem 1: Doblin Corp. purchased equipment on January 1, 2016 for $264,500. Doblin management estimated the useful life of the machine to be 10 years with a salvage value of $11,500. Under the straight-line method of depreciation, the book value of the machine at December 31, 2020 will be (round to the nearest dollar):

a. $50,600

b. $23,000

c. $253,000

d. $276,000

e. None of the above

Reference no: EM132459607

Questions Cloud

Compute the net present value of this investment : Compute the net present value of this investment. Should Beyer accept the investment?Beyer Company is considering the purchase of an asset for $180,000
Calculate the rate of return on a price-weighted index : Calculate the rate of return on a price-weighted index of the three stocks for the first period (from t= 0 to t = 1).
Why is the patient now at risk for cardiac tamponade : A patient who is 4 days post-coronary artery bypass surgery reports she is having new chest pain that is "different from my angina pain." The pain's onset was.
Would you change your route to class on day of final exam : Would you change your route to class on the day of the final exam? Why or why not? Summarize the positives and negatives of this small change.
Calculate the doblin corp purchased equipment : Calculate the Doblin Corp purchased equipment on January 1, 2016 for $264,500. Doblin management estimated the useful life of the machine to be 10 year
What is the expected return on the mutual fund : What is the expected return on the mutual fund? Enter your answer rounded to two decimal places. Do not enter % in the answer box.
Find the value of a european call option with an exercise : A stock currently sells for $50. In six months it will either rise to $60 or decline to $45. The continuous compounding risk-free interest rate is 5% per year.
Determine the generally accepted accounting principles : Determine the Generally Accepted Accounting Principles,The Borg held the property for 10 years during which time the Borg collectively estimated
Describe appearance of the breasts in postmenopausal women : Describe the appearance of the breasts in postmenopausal women. Create a chart that compares and contrasts the following conditions: Fibrocystic disease.

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