Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The Nichols clinic purchased a new surgical laser for 96,000. The estimated salvage value is 6,000. The laser has a useful life of 5 years and the clinic expects to use it at 10,000 hours. It was used 1,600 hours in year 1. 2,200 hours in year 2. 2,4000 in year 3. 2,300 hours in year 4. 2,000 hours in year 5.
Instructions: Compute the annual depreciation for each of the five years under each of the following methods.
(1) straight line (2) units of activity.
(b) If you were the administrator of the clinic which method would you deem as most appropiate? Justify your answer.
(c) Which method would result in the lowest reported income in the first year? Which method would result in the lowest total reported income over the 5 year period?
what is opportunity cost and why is it an important concept in the capital budgeting process? the opportunity cost
describe the techniques used for analyzing internal control systems?how do internal auditing and external auditing of
Which of the following ratios would be most helpful in assessing the liquidity of a governmental entity?
rhinos landscaping sells a quality brand of hoes shovels and rakes in a sales mix of 242 25 50 25.nbspnbspthe companys
Gamma Corporation, as S corp. has a fiscal year ending 03-31. It is required to switch to a calendar-year tax year. How many months of income would a calendar-year taxpayer be required to report in the year of change?
At the beginning of the year, Penguin Corporation (a calendar year taxpayer) has accumulated E & P of $55,000. During the year, Penguin incurs a $36,000 loss from operations that accrues ratably. On October 1, Penguin distributes $40,000 in cash t..
profitability ratios fondren machine tools has total assets of 3000000 and current assets of 800000. it turns over its
dataspan inc. automated its plant at the start of the current year and installed a flexible manufacturing system. the
the following given in scrambled order are accounts and balances from the accounting records of alleg inc. as of
At Ace Company, overhead is assigned to production departments at the rate of $5 per machine hour. In July, machine hours were 3,000 in the Machining Department and 2,400 in the Assembly Department. Prepare the entry to assign overhead to producti..
A company purchased materials costing $12,000 that, according to standards, should have cost $11,000. They used $8,000 of the materials (at standard cost) in the current period. The journal entry under a standard costing system would include:
Prepare a "target" diagram showing the list of steps your friend should follow.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd