Compute the revised depreciation

Assignment Help Accounting Basics
Reference no: EM13532988

Whistler Corporation purchased a piece of equipment for $50,000. It estimated an 8-year life and $2,000 salvage value. At the end of year four (before the depreciation adjustment), it estimated the new total life to be 10 years and the new salvage value to be $4,000. Compute the revised depreciation.

Reference no: EM13532988

Questions Cloud

Explain to what volume should you dilute stock hno3 : To what volume should you dilute 51 mL of a 13 M stock HNO3 solution to obtain a 0.126 M HNO3 solution
What is the work done by jack : Jack pushes an 8.0kg box is through a distance of 2.2m up a 20o frictionless incline. What is the work done by Jack
Consider the particle size of a particular product : Consider the particle size of a particular product.
Define equations for acid-base reactions : Complete and balance each of the following equations for acid-base reactions. Express your answer as a chemical equation. Identify all of the phases in your answer.
Compute the revised depreciation : Estimate the new total life to be 10 years and the new salvage value to be $4,000. Compute the revised depreciation.
State a molecular equation for the precipitation reaction : Write a molecular equation for the precipitation reaction that occurs (if any) when the following solutions are mixed. If no reaction occurs, write NOREACTION.
What is his speed just before his feet strike the pavement : A 70 kg man steps out a window and falls (from rest) 1.2 m to a sidewalk. What is his speed just before his feet strike the pavement
Biological hierarchy.use a coral reef as the ecosystem : Draw a biological hierarchy.use a coral reef as the ecosystem, a fish as the organism, its stomach as the organ, and DNA as the molecule.y0ou must include all levels of the hierarchy and use the appropriate representation.
Explain how many grams of argon take to fill a light bulb : How many grams of argon would it take to fill a light bulb with a volume of 0.475L at STP

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