Compute the depreciation charge for the second year

Assignment Help Microeconomics
Reference no: EM132165593

Question - For its fabricated metal products, the Able Corp. is paying $10,000 for special tools that have a 4-year useful life and no salvage value. Compute the depreciation charge for the second year by each of the following methods:

(a) DDB.

(b) Sum-of-years'-digits.

(c) Modified accelerated cost recovery system.

Reference no: EM132165593

Questions Cloud

Based on your calculation what conclusion can you infer : What is the probability that a child is hyperlipidemic if neither of his/her parents are hyperlipidemic?
Describe risk management plan : Describe a risk management plan and give its contents. Discuss any four risk management strategies other than contingency plans in project management.
Compute modified accelerated cost recovery depreciation : Compute the modified accelerated cost recovery system depreciation for each of the five calendar years during which she had the property
Identify the sales forecast for the firm : Identify the sales forecast for the firm. Analyze how this sales forecast impacts all other forecasts for the firm, such as materials, labor, overhead.
Compute the depreciation charge for the second year : For its fabricated metal products, the Able Corp. is paying $10,000, Compute the depreciation charge for the second year
Provide one example of a value-added service applicable : HS150 : Provide one example of a value-added service applicable to the type of organization that you have selected.
What is vicarious liability : When is an employer vicariously liable for the actions of its employees? What is vicarious liability?
What is the size of the recaptured depreciation or loss : The asset was just sold for 60% of its first cost. What is the size of the recaptured depreciation or loss at disposal using the following depreciation methods
Analyze kinds of risks that are most intimidating for each : Risks are common for all firms, but there are different levels of risks in different industries and in different countries.

Reviews

Write a Review

Microeconomics Questions & Answers

  Analyze using a real world experience

Write a paper choosing a commodity to analyze using a real world experience in a free market (not government regulated) to describe a change that occurred in supply or demand as a result of world events that led to the need for a move between two ..

  If john makes the 60 down payment and pays 34 a month for

john walters is comparing the cost of credit to the cash price of an item. if john makes a 60 down payment and pays 34

  Compute the wage in the two equilibrium

For what values of α the free trade equilibrium is one where countries are completely specialized in their comparative advantage sector and Provide a brief economic explanation of the results you have shown in your diagrams for parts 1 & 2. Which t..

  What is the minimum total time

The anticipated time required for each auditor on each job is given in the table below. Use the Hungarian method to determine which auditor should be assigned to which job. You wish to minimize the total time required. What is the minimum total t..

  Billionaires in the world face scarcity

Provide three examples of scarcity that illustrate why even the 1,210 billionaires in the world face scarcity.

  Why are you willing to pay the admission charge

Next week you return to the monopolist and see a sign: "New pricing policy: pay a $21 admission charge and then you can buy all you want for $4 per unit."

  Examine effect of political economy on trade agreements and

analyze the effect of the political economy on trade agreements and policy. analyze the various countries to which the

  Education equally accessible to all residents of the state

Part A Politicians are often heard saying that tuition at state universities should be kept low "to make education equally accessible to all residents of the state, regardless of income."

  Embodies the tenets of the sustainable business

Compare and contrast a company of your choice that embodies the tenets of the sustainable business along with one that embodies that of the traditional model.

  Make a plot of per capita gdp for teh given years

Make a plot of per capita GDP (in dollars) for the years 1950 to 2010 for a country of your choice. Label the x-axis "year" and the y-axis "per capita GDP."

  Explain two ways genesis energy can improve its strategy

Name three specific options that are available to Genesis Energy for obtaining needed capital. Identify and explain two ways Genesis Energy can improve its strategy.

  Derive the demand function for linda for both goods

Derive the demand function for Linda for both goods. (Hint: the demand of any good can not be negative!)

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