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Smith corp in jacksonville florida bought some computers at a cost of $100,000. the total salvage value of this equiptment is estimated to have no value at the end of a depreciable life of 6 years. Determine the book value for this asset at the end of year 3 using the following methods:
a. DDB
b. sum-of-years method
c. Modified accelerated cost recovery system
Why is the multiplier for contractionary fiscal policy smaller in an open? economy?
At the beginning of the year, an audio engineer quit his job and gave up a salary of $175,000 per year in order to start his own business, Sound Devices, Inc. The new company builds, installs, and maintains custom audio equipment for businesses that ..
The Bureau of Economic Analysis and access the BEA interactively by selecting "National Accounts" and then "National Income and Product Account Tables." Select "Frequently Requested NIPA Tables," and find Table 1.1.1 on GDP.
Alternative X has a first cost of $5 million and an annual maintenance cost of $200,000. Alternative Y has a first cost of $7 million, a maintenance cost of $40,000 and periodic expenditures of $100,000 every five years. If both alternatives have inf..
In addition to reviewing all the course materials, you should view the movie Inside Job, which is a look at corporate accountability regarding the ongoing international financial crisis. Incorporating facts and ideas presented in the course, includin..
You have just been hired by SecuriDoor Corporation, the manufacturer of a revolutionary new garage door opening device. The president has asked that you review the company’s costing system and “do what you can to help us get better control of our man..
After reading the article U.S.A comes up a bit short in global Better Life Index and comparing the relative ranking of U.S. GDP to other countries, what is the link between wealth and well-being? Do governments have a responsibility to address well-b..
Elucidate how much income in addition to his lottery earnings would Fred need to go out and find to be as well off as he was with the allowance.
Show how each of the following would initially affect a bank's assets and liabilities.
Fractional assessments can defeat overall state fiscal controls , which of the following controls or limits would not be impacted?
Countries A and B have two factors of production, capital and labour, with which they produce two goods, X and Y. Technology is the same in both countries. X is capital intensive; A is capital abundant.
The United States, Brazil,and Argentina are land rich and efficient farming countries. Which countries have large pools of low cost labor? How do countries with no natural resources manage to manufacture and export large quantities of goods?
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