User Account

All Pages

Find the book value at the end of yr 5

Assignment Help Business Management
Reference no: EM132158809

A machine was purchased by a company four years ago for $8,000. Estimated salvage value is $1000 at the end of its 10 years life. The asset is Class 8 (20% CCA rate -- declining balance class, half year rule applicable). Determine the asset's current book value (i.e., at the beginning of Yr. 5) and the depreciation charge during this year (i.e., Yr. 5) by the declining balance method. Also, find the book value at the end of Yr. 5.

Reference no: EM132158809

Questions Cloud

How much would he be willing to pay for the quarry : A road building contractor has received a major highway construction contract that will require 50,000 m3 of crushed stone each year for 5 years.
Find possible partners rather than depending upon workplaces : Arguing from an economic viewpoint, why would individuals use these sites to find possible partners rather than depending upon workplaces
Bible guides in the area of managerial economics : Using Isaiah 55:1-5 and Daniel 5:17-31, what are some ideas on how the Bible guides in the area of managerial economics.
Do you recommend automating the process : IBP Inc. is considering establishing a new machine to automate a meatpacking process. The machine will save $50,000 in labor annually.
Find the book value at the end of yr 5 : A machine was purchased by a company four years ago for $8,000. Estimated salvage value is $1000 at the end of its 10 years life. The asset is Class 8
Create a histogram of the sample means : Follow the same procedure to create a histogram of the sample means for 200 samples of size 25. Save the plot. How do the two plots compare?
What is the present worth of the expected income : A firm has installed a manufacturing line for packaging materials. The firm plans to produce 50 tons of packing peanuts at $5000 per ton annually for 5 years.
Produce the monopoly level of output : What would be the profit of a new entrant if the subsidy is eliminated and Barnacle continues to produce the monopoly level of output?
Determine the contract present worth : A wholesale company has signed a contract with a supplier to purchase goods for $2,000,000 annually. The first purchase will be made now to be followed.

Reviews

Write a Review

Business Management Questions & Answers

  What opening comments should be verbalized

What opening comments should be verbalized when approaching fishermen who are launching their boats? Draft a script to be used when asking these fishermen to take part in the survey.

  How should the organization establish its goals

How should the organization establish its goals? Who should participate in the strategic planning process and why?

  First select one of the tcos of the course.

1. (TCO All) For the next set of questions , you will first select ONE of the TCOs of the course. Then, you will be asked to write an essay about the project you worked on this term over your two companies' change program based on the TCO you ..

  Select a data source from the inter-university consortium

Select a data source from the Inter-University Consortium for Political and Social Research (ICPSR) data archive and select three variables from the dataset that might be useful in understanding your topic.  These three variables should be included, ..

  Examine two instances when multinational companies have used

From the e-Activity, examine two instances when multinational companies have used offensive or defensive competitive strategies.

  How it process patient information

Does this process support operational effectiveness, satisfy compliance requirement and promote quality care?

  Draw a map of the supply chain for leapfrog

Draw a map of the supply chain for LeapFrog, including the retailers, Capable Toys, and suppliers of key materials (such as Tyvek). Which supply chain partners are "upstream" of LeapFrog? Which are "downstream"? Which partners ..

  Theoretical and empirical justifications for privatization

Critically assess theoretical and empirical justifications for privatization. Essay must be double-spaced document approximately 10 pages in length (excluding references) by November 28, 2016.

  Client purpose and goals

Complete your research about the client, WINDOWS WEAR, and post your findings about the client's purpose and goals.

  Training needs in the student registration office

Training Needs in the Student Registration Office

  Developing a new online business initiative

Midtown Bistro, a local restaurant, has hired you to help them develop a new online business initiative. The company wants to use social networking actively.

  Why are so many companies adopting yield management systems

Why are so many companies adopting yield management systems? -  Explain the relationship between supply and demand and yield management systems.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd