Sum-of-the-years-digits method

Reference no: EM13128206

At the time Fisher Corporation became a subsidiary of Ashbury Corporation, Fisher switched depreciation of its plant assets from the straight-line method to the sum-of-the-years'-digits method used by Ashbury. With respect to Fisher, this change was a:

a. change in an accounting estimate.

b. correction of an error.

c. change in accounting principle.

d. change in the reporting entity.

Reference no: EM13128206

Questions Cloud

Derivatives-maximizing profit : Acme can produce DVD players at a cost of $140 each and market analysis estimates that if the players are sold at x dollars apiece, consumers in a region will buy approximately 2000e^-0.01x machines per week.

Find the critical f value for a sample of four observations : What is the critical F value for a sample of four observations in the numerator and seven in the denominator? Use a one-tailed test and the .01 significance level.

Report on research "cause and effect questions and genres" : "Cause and Effect Questions and Genres"Please respond to the following1. How do the fashion choices of female celebrities (ages 14 to 30) influence the fashion choices of teen girls?2. How has the Internet affected and will continue to affect the Uni..

Does the net allowance go with the ar amount : with the first column to the right for the 2009 AR amount and the next column to the right for 2008 AR amount. Does the $27.5 net allowance go with the 2009 AR amount or the 2008 AR amount?

Sum-of-the-years-digits method : At the time Fisher Corporation became a subsidiary of Ashbury Corporation, Fisher switched depreciation of its plant assets from the straight-line method to the sum-of-the-years'-digits method used by Ashbury.

Explain how much money you would have accumulated : You plan to deposit these funds in a bank account that pays 8% per year. Explain how much money you would have accumulated just after you make the 5th deposit?

Calculate the capability index for machine : C-Spec has determined that the machine has a sample mean of 4.001 inches with a standard deviation of .002 inch. Calculate the (capability index) for this machine.

Change in accounting estimate : Which of the following should be reported as a change in accounting estimate?

Calculate the ph at 25 degree celsius : A solution of NaOH(aq) contains 11.6 grams of NaOH in 129 mL of solution. Calculate the pH at 25C.

User Account

All Pages