Estimate salvage value of the equipment

Assignment Help Microeconomics
Reference no: EM13175201

The depreciation schedule for a machine has been arrived at by several methods. The estimated salvage value of the equipment at the end of its 6-year life is $600. Identify the resulting depreciation.

Year                 A             B           C           D

1                   2114       2000     1600      1233


2                   1762       1500      2560      1233


3                   1410        1125     1536     1233


4                   1057       844        922        1233

5                    705         633   &nx??   922        1233


6                   352          475       460         1233

Reference no: EM13175201

Questions Cloud

Relationship between human life and landscape transform : How does the relationship between human life and the landscape transform from the Jomon to the Warring States/Momoyama period? Cite examples of artistic, architectural or other artifacts to make your case.
When running for the house of representatives : When running for the House of Representatives, a candidate's main hurdle is gaining
Example of cause-related marketing : Which one of the following is a good example of "cause-related" marketing?
Explain money and banking : In each case, do you think the household is better of f or worse off, or is the answer ambiguous? If ambiguous, what does the answer depend on?
Estimate salvage value of the equipment : The depreciation schedule for a machine has been arrived at by several methods. The estimated salvage value of the equipment at the end of its 6-year life is $600. Identify the resulting depreciation.
Career development : Why is understanding yourself important in your career development? How can you ensure that an employer will realize that you have a clear grasp of who you are and what you have to offer?
Briefly describe types of budgets used by companies : Explain what is meant by the statement above and how rolling budgets can help a company adjust its forecasts and targets. Explain the importance of environmental analysis in this process.
Explain carbon and oxygen occupies a volume mmhg : carbon and oxygen occupies a volume of 452 ml at 63 C and 745 mmHg. identify the gas in the sample (R= 0.0821 L*atm/K*mol)
Customer satisfaction is desires and expectations : Customer satisfaction is the extent to which a firm fulfills a customer's needs, desires, and expectations (Perreault). The fact that marketing is a staple in any given person's daily life drives leading organizations to focus on what it takes to sat..

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

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