Reference no: EM132993523
Problem 1: Which of the following depreciation methods applies a uniform depreciation rate each period to an asset's carrying amount?
a) Units-of-production
b) Double-declining balance
c) Straight-line
d) Sum-of-the-years'-digits
Problem 2: An entity borrowed P20,000,000 on Jan. 1, 2020 specifically to finance the construction of a building (Building A). This building was completed on July 1, 2021. Also, the entity has another building (Building B) still under construction at December 31, 2021. How should the entity account for the P20,000,000 loan in the year ended December 31, 2021?
a) Treat P20 million as specific borrowing for Building A from Jan. 1 to June 30 and specific borrowing for Building B from July 1 to Dec. 31.
b) Treat P20 million as specific borrowing for Building A from Jan. 1 to June 30 and general borrowing for Building B from July 1 to Dec. 31.
c) Treat P20 million as specific borrowing for Building A from Jan. 1 to June 30 and excluded from borrowings for Building B.
d) Treat P20 million as general borrowing from Jan. 1 to Dec. 31.
|
What is the company net cash flow to the firm
: Sharpe Radios spent P5.5 million in capital expenditures and its tax rate was 30 percent. What is the company's net cash flow to the firm?
|
|
List calculation of cost of capital for the company
: Orange Ltd will issue 100 new units, 10-year bonds, List and explain the three steps involved in the calculation of cost of capital for the company.
|
|
How much is the book value of argentum company
: How much is the book value of Argentum Company? How much is the replacement cost of Non-Current Assets of Argentum Company?
|
|
Explain calculation of cost of capital for the company
: Orange Ltd is a AAA credit rating company, List and explain the three steps involved in the calculation of cost of capital for the company.
|
|
How should the entity account for loan in the year ended dec
: How should the entity account for the P20,000,000 loan in the year ended December 31, 2021? Which of the depreciation methods applies a uniform
|
|
Enrd sources of competitive advantage
: Knowing that Organizational strategies occur at four levels: global, corporate, business, and functional, What are the type or types of strategies the Environme
|
|
Evaluate the ethical implications and impact of the events
: Evaluate the ethical implications and impact of the events of selected business situations using predominant ethical theories and concepts
|
|
How does supply management work in the health care field
: 1. Did the purchasing process for capital acquisition in the health care field.
|
|
What amount be reported as unearned revenue on december
: What amount should be reported as unearned revenue on December 31, 2020? Regal Company sells gift certificates, redeemable for store merchandise.
|