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On January 1, 2011, Zane Manufacturing Company purchased a machine for 40000. The company expects to use the machine a total of 24,000 over the next 6 years. The estimanted sales price of the machine at the end of 6 years is $ 4000. The company used the machine 8000 hours in 2011 and 12,000 hours in 2012. What is depreciation expense for 2011 if the company uses double declining balance? what is depreciation expense for 2011 if the company uses units of production ?
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
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