Sandblasting equipment acquired at a cost of 86000 has an

Reference no: EM13605165

Sandblasting equipment acquired at a cost of $86,000 has an estimated residual value of $5,000 and an estimated useful life of 10 years. It was placed in service on October 1 of the current fiscal year, which ends on December 31

Determine the depreciation for the current fiscal year and the following fiscal year by the double-declining-balance method.

Depreciation
Year 1 $
Year 2

Reference no: EM13605165

Questions Cloud

A building with a cost of 765000 has an estimated residual : exercise 10-15 algorithmicrevision of depreciationa building with a cost of 765000 has an estimated residual value of

What is the composition in atom percent of an alloy that : what is the composition in atom percent of an alloy that consists of a 91.5 wt ag and b 8.5 wt cu? assume that the

Rambles toyland makes a product that sells for 70 per unit : rambles toyland makes a product that sells for 70 per unit and has 45 per unit in variable costs. annual fixed costs

A if the charged particle is 3 cm away calculate both the : a large point charge of q 50 microc creates an electric field and an electric potential all around it. a styrofoam

Sandblasting equipment acquired at a cost of 86000 has an : sandblasting equipment acquired at a cost of 86000 has an estimated residual value of 5000 and an estimated useful life

Find the change in kinetic energy of the system of two : a 1050 kg sports ca is moving westbound at 15.0ms on a level road when is collides with 6320kg truck driving east on

Serta carpet which manufactures carpet incurred the : serta carpet which manufactures carpet incurred the following costs for march when 2600 yards of carpet were produced

Calculate the number of vacancies at 546degc given that the : the number of vacancies present in some metal at 857degc is 1.7 x 1024 m-3. calculate the number of vacancies at

On january 1 2010 sands company had accounts receivable : on january 1 2010 sands company had accounts receivable 54200 and allowance for doubtful accounts 3700. sands company

Reviews

Write a Review

Required(*) Message

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

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

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

Accounting problems

Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.

Theory of interest - term structure of interest rates

Term Structure of Interest Rates

Write a report on internal controls

Write a report on Internal Controls

Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

Liquidity and profitability

Distinguish between liquidity and profitability.

What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

Capm and venture capital

CAPM and Venture Capital

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

User Account

All Pages