Determine the service life of an asset under straight line

Assignment Help Accounting Basics
Reference no: EM13216080

What is the service life on an asset? How do we determine the service life of an asset under straight line and activity based depreciation? Give an example of how a business might determine the service life under straight line and activity based depreciation for an asset they just purchased.

Reference no: EM13216080

Questions Cloud

Relationship between the independent and dependent variable : Interpret the Regression equation results including the intercept, slope and the Coefficient of Determination. Test to determine if there is a significant negative relationship between the independent and dependent variable
Explain what strategy or combination of strategies : What strategy (or combination of strategies) did Harley-Davidson use to become such a successful organization? To what extent has Harley-Davidson's strategy (or combination of strategies) changed over the years, or been constant?
Find the number of viewers that represents 75% : Find the number of viewers that represents the 75th percentile and on one particular night, 24 million people watched 60 minutes. Is this unusual?
Explain disadvantage of the pure project organization : Explain the assertion that one (1) disadvantage of the pure project organization is the project professionals' tendency to fall behind in areas of technical expertise that they do not use on projects
Determine the service life of an asset under straight line : What is the service life on an asset How do we determine the service life of an asset under straight line and activity based depreciation Give an example of how a business might determine the service life under straight line and activity based dep..
Find the probability that a randomly selected trading value : Find the probability that a randomly selected trading value exceeds 4.1 million and find the trading volume greater than 90% of all trading volumes. Use formula X1 = Z σ + µ
Point of averages of a scatterplot : The point of averages of a scatterplot of Y against X is (14, 1 ). The SD of X is 6, and the SD of Y is 7.
Explain lower of cost-market method of evaluating inventory : Explain the lower of cost or market method of evaluating inventory. Give an example of when LCM would be used. What is meant by the assertion that LCM is an example of the principle of conservatism Explain
Explain political and economic and financial risks : Provide a summary of your findings regarding investing risk (Political, Economic, and Financial Risks) of this company investing in India in the form of a PowerPoint presentation (5-8 slices). Provide sources

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