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Question - Equipment was acquired on January 1, 2008, at a cost of $95,000. The equipment was originally estimated to have salvage value of $4,000 and an estimated life of 11 years. Depreciation has been recorded through December 31, 2012, using the straight-line method. On January 1, 2013, the estimated salvage value was revised $6,000 and the useful life was revised to a total of 8 years. Determine the depreciation for 2013.
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In what sense was it ethical for Martha Stewart's stock broker to pass along to her the insider tip that her friend was selling off his stock in his company?
The company uses the straight-line method of depreciation. Find the book value of the machine at the beginning of the third year
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The project is estimated to take 3 years and cost $9,000,000. End of first year, costs are $2,300,000. What is the percentage of completion at this point
What is the net present value of this investment opportunity? Based on your answer to (a) above, should Simpson go ahead with the new conditioning shampoo?
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