What is the annual depreciation for the second year

Reference no: EM13283519

A company purchased equipment valued at $825,000 on January 1. The equipment has an estimated useful life of seven years or six million units. The equipment is estimated to have a salvage value of $35,000. Assuming the straight-line method of depreciation, what is the annual depreciation for the second year if .5 million units were produced?

Reference no: EM13283519

Questions Cloud

How much was the firm earnings before taxes : It had $9,000 of bonds outstanding that carry a 7.0% interest rate, and its federal-plus-state income tax rate was 40%. How much was the firm's earnings before taxes (EBT)?

Greek parthenon-roman pantheon and chartres cathedral. : ompare and contrast the Greek Parthenon, the Roman Pantheon, and Chartres Cathedral. Discuss the differences in appearance, function, and location, and how these characteristics reflect their respective societies.

How much dividend income will you receive on september : How much dividend income will you receive on September 1 as a result of your ownership of Wagoneer stock?

Compute the heat capacity in units of j/c : The initial temp of the calorimeter is 21.5 degrees celcius. the H2o is initially 98.1 degrees celcius and final temp of both the H2o and calorimeter is 39.2. Calculate the heat capacity in units of J/c. Use 4.184 j/g for specific heat of water

What is the annual depreciation for the second year : Assuming the straight-line method of depreciation, what is the annual depreciation for the second year if .5 million units were produced?

Determine ea or offset applicable from addressing modes : Determine the EA or offset, if applicable from the addressing modes(i) Immediate, (ii) Direct, (iii) Register using BX, (iv) registerindirect using BX, (v) Register relative using BX, (vi) Basedindexed, and (vii) Based indexed relative.

Review your financial and market performance during the 2nd : 1. Review your financial and market performance during the 2nd year.

What is the verticle componet of the balls velocity : A ball rolls off a table with a horizontal velocity of 5 m/s If it takes 0.6 secs for it to reach the floor, What is the verticle componet of the balls velocity just before it hits the floor

Find the original number divided : Three friends divided some bullets equally. After all of them shot 4 bullets the total number of bullets remaining is equal to the bullets each had after division. Find the original number divided.

User Account

All Pages