Compute the annual depreciation expense

Assignment Help Accounting Basics

Reference no: EM13258977

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: EM13258977

Questions Cloud

Determine the remaining obligation : What is the remaining obligation on January 1, 2010 afterthe first payment has been made?

The current russian government : As the vice president of finance for a company producing and selling electronic switchboards, you are considering foreign investment to build a plant to assemble electronic components.

Determine the energy supplied by the voltage source : The charge leaving the positive reference terminal of a voltage source is q(t)= [6sin120pi*t - 8cos120pi*t]mC the voltage source value is v(t)= 160cos120pi*t V. A) Determine the power supplied by the voltage source at t=0

Discuss the potential impact marketers have : Compare and contrast cultural core beliefs/values and secondary beliefs/values. Provide an example of each and discuss the potential impact marketers have on each.

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.

Should the company accept the project : Compute the IRR for this project. How many IRRs are there? Using the IRR decision rule, should the company accept the project? What's going on here?

Determine the remaining obligation : What is the remaining obligation on January 1, 2010 afterthe first payment has been made?

State the chemical equations representing the first : Write the chemical equations representing the first, second, and third acid dissociations. 100mL 0.050 M phosphoric acid is titrated with 0.10 M NaOH. Calculate the pH of the solution after 25mL of NaOH have been added.

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

User Account

All Pages