Calculate the value of machinery after five years

Assignment Help Accounting Basics
Reference no: EM131116892

Rohan purchased a machinery for 100000 and expand 50000 on its installation and transportation. The firm decided to use straight line method for depreciation the rate of depreciation is 10%. Calculate the value of machinery after five years.

Reference no: EM131116892

Questions Cloud

The firm-wide contribution margin associated with component : 1. Compute the firm-wide contribution margin associated with Component Y34 and Model SC67. Also, compute the contribution margin earned by each division.
An annual report of ford motor corporation states : An annual report of Ford Motor Corporation states, "Net income a share is computed based upon the average number of shares of capital stock of all classes outstanding.
Prepare the journal entry to record the security purchase : Prepare the journal entry to record the security purchase on April 17, 2015. Compute the unrealized gains or losses. Prepare the adjusting entry for Parnevik on December 31, 2015.
Impact on the production of maize : Suppose that a government that is the sole buyer of a crop offers farmers $2.00 per ton of maize (corn), while the market price across the border is $2.50 per ton. What will be the impact on the production of maize? Will it affect the production o..
Calculate the value of machinery after five years : Rohan purchased a machinery for 100000 and expand 50000 on its installation and transportation. The firm decided to use straight line method for depreciation the rate of depreciation is 10%. Calculate the value of machinery after five years.
Minimum attractive rate of return : Use Present Worth analysis and determine which of the following two machines should be selected based on their incremental cash flows and a minimum attractive rate of return (MARR) of 11% per year. Compute the actual rate of return to within plus ..
At what slip is the maximum power developed : At what slip is the maximum power developed?
Time for him to intervene and make decisions for his sons : CASE STUDY (Process of Accounting). Rajiv and Rahul were twin brothers. Rajiv was interested in computers and would find time to always work on computers either at college or at his friend's place.
Rate of return analysis : You have $23,000 in a bank savings account today. You wish to withdraw $3,400 per year for the next 25 years with the first withdrawal being one year from today.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Polaski inc uses an actual cost job order system the

polaski inc. uses an actual cost job order system. the following transactions are for august 2010. at the beginning of

  Assume that gross rental revenue was 1800 rather than 18000

natalie owns a condominium near cocoa beach in florida. this year she incurs the following expenses in connection with

  Weighted-average method for accounting for units and costs

Compute the equivalent units of production for materials and conversion costs for the first department for October, assuming that the company uses the weighted-average method for accounting for units and costs:

  Potential liability of the rental company

Discuss the potential liability of the rental company, the Dawsons and anyone else you feel may be held accountable for the injuries to the boys.

  Problem regarding the village of maxieville

The data presented below were taken from the books and records of the Village of Maxieville. All amounts are in millions. The village encumbers all outlays. As is evident from the data, some goods and services that were ordered and encumbered h..

  Determine the service cost component of pension expense

Assuming no change in actuarial assumptions and estimates, determine the service cost component of pension expense for the year ended December31.

  What is the amount of net accounts receivable

Colby Company, which uses the allowance method, has Accounts Receivable of $54,000 and an allowance for uncollectible accounts of $6,400 (credit).

  What do hedge fund investors in convertible bonds

After an initial hedge is in place, what do hedge fund investors in convertible bonds do with shares of the underlying stock when the stock price increases or decreases?

  What should be the total assets turnover

A firm's goal is a return on equity (Return on Equity) of 10%. His total margin is projected to be 5%, and the goal of the relationship financial equity (Equity Financing Ratio) is 60%. What should be the Total Assets Turnover?

  Abc contracted with a company to build a storage warehouse

abc contracted with a company to build a storage warehouse in 2008. construction began on april 1 at which time abc

  Variances for direct materials and direct labor banner

variances for direct materials and direct labor banner company manufactures flags of various countries. each flag has a

  Abc invested in a 200000 8 bond issued by the stu company

prepare the proper adjusting journal entries for the abc company. assume all entries are made at year end december 31

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