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Diversified Rentals Ltd owns a large fleet of different vehicles which are each classified into one of three categories; supercars, vans and city rentals. Newly acquired supercars are very popular when first acquired, but rental demand quickly falls as newer models are released. Supercars are kept in the fleet for 3 years before being sold. Demand and rental revenues for vans are relevantly consistent through the vehicle life, regardless of condition or appearance. The vans are disposed of only when they are completely worn out. The vans are generally completely worn out once they have travelled 350,00km. Finally the demand and revenues for city rentals are relatively consistent up until a point when customers demand vehicles with higher safety standards and Diversified Rentals Ltd is required to dispose of these vehicles. The new chief financial officer of the firm requires advice on which depreciation method to use. Provide recommendations and justifications of which depreciation method(s) are appropriate in this case. Explain how the choice of depreciation method affects reported profits.
Compute the product cost per unit for each job, using the original costing system and suppose Harris Systems adopts the ABC system. Compute the product cost per unit for each job using ABC
Determine the best regression equation possible given the data in Table 1 and the fact that overhead is to be the dependent variable.
edgar a widower is a retired trade executive. in 2011 edgar received 200000 in pension payments 30000 in interest from
Computation of cash flow from financing activities using given data and Given the following financial statements for ACME Corporation, and assuming that ACME paid a common dividend of $45,000 in 2004, what is the company\'s financing cash flow for ..
question difference between financial accounting and managerial accounting. your should include the followingdefine and
Depreciation was calculated over 2 years on straight-line basis. In 20X2, it determined that the total life should be 10 years with the salvage value of $5,000 at the end its life.
analysis of financial statements in terms of ratios whether positive or negative.the accounts receivable turnover ratio
question bos gym is a total fitness center. owner bo sanderson employs different fitness trainers who are expected to
Calculate stock dividend shares and cash dividend amounts Assume that you own 4,000 shares of Blueco, Inc. s, common stock and that you currently receive cash dividends of $0.84 per share per year.
how much did the firm's market value and book value per share differ - Calculation of difference between firm's market value and book value per share.
1. the standard cost is how much a product should cost to manufacture.2. because accountants have financial expertise
Evaluate the direct materials price and quantity variances for July.2. Determine the direct labor rate and efficiency variances for July.
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