Compute the annual depreciation expense

Reference no: EM13258969

A company purchase equipment for $500,000 cash on July 1, 2006. The estimated life is 5 years or 1,000,000 units; salvage value is estimated at $50,000. Actual activity was 180,000 units in 2004, and 200,000 units in 2006. Compute the annual depreciation expense for 2006.

Reference no: EM13258969

Questions Cloud

What is the net electric flux through the box : A 1.9cm × 1.9cm × 1.9cm box with its edgesaligned with the xyz-axes is in the electric field E? =(360x+150)i^N/C, where x is in meters

Case study of roosevelt company : On January 1, 2009, Roosevelt Company purchased 12% bonds, having a maturity value of $506,000.00, for $524,700.75. The bonds provide the bondholders with a 11% yield.

Analyze the different ways to evaluate economic : Analyze the different ways to evaluate economic performance and determine which provides the best assessment of the economy. explain your rational.

Determin the values of the products and base vector : b unit vector a θ dotted with unit vector a y (dotted means dot product) θ is from spherecial coordinates and starts from the postive z direction c unit vector a r crossed with unit vector a x (crossed means cross product).

Compute the annual depreciation expense : Salvage value is estimated at $50,000. Actual activity was 180,000 units in 2004, and 200,000 units in 2006. Compute the annual depreciation expense for 2006.

Determine the number of moles of gas in the vessel : Gas is contained in a 6.00-L vessel at a temperature of 21.0°C and a pressure of 8.00 atm. Determine the number of moles of gas in the vessel

Debit to interest expense : The journal entry required on the company'sbooks to record the interest paid on December 31, 2009, would include a debit to interest expense of?

Compute the mole fractions of each component : A vessel of volume 22.4 L contains 2.0 mol H2 and 1.0 mol N2 at 273.15K. calculate (a) the mole fractions of each component, (b) their partial pressures, (c) their total pressure , (d) the density of the mixtures.

Discuss how supply and demand would be affected : Discuss how supply and demand would be affected under each of the four degrees of competition(pure competition,monopolistic competition,oligopoly,and monopoly). give specfic examples to support your response.

User Account

All Pages