What is the book value at the end

Assignment Help Business Economics
Reference no: EM131810010

A small microprocessor costing $12,000 is to be depreciated using 150% declining balance depreciation over the next 4 years. The microprocessor will have no value after 4 years. Determine the depreciation schedule. What is the book value at the end of the 4 years?

Reference no: EM131810010

Questions Cloud

Evaluate the feasibility of applying strategic management : Evaluate the feasibility of applying strategic management accounting techniques
Compute the depreciation schedule : The Afar Jewel Mining Company has just purchased a new crystal extraction machine that cost $5000 and has an estimated salvage value of $1000 at the end of its
Determine the depreciation schedule for each truck : Each truck cost $18,000 and has an expected life of 4 years. The trucks can each be sold for $2000 after 4 years. Using MACRS:
Calculate the cost of goods transferred out of department b : Calculate the cost of goods transferred out of department B in March. Calculate the cost of the March ending work in process inventory in department B.
What is the book value at the end : The microprocessor will have no value after 4 years. Determine the depreciation schedule. What is the book value at the end of the 4 years?
Calculate the depreciation schedule : The Delta Cruise Company purchased a new tender (a small motor boat) for $15,000. Its salvage value is $500 after its useful life of 5 years.
What should busbys gross profit be on accrual basis : What should Busbys Gross Profit be on accrual basis, Customers owed Busby $40,000 at the beginning
New psychograph machine : The expected resale value after 4 years is $500. Determine the book value after 2 years using the following depreciation methods:
Compute the amount of purchasing department expense : The following is a partially completed lower section of a departmental expense allocation spreadsheet for Brickland.

Reviews

Write a Review

Business Economics Questions & Answers

  Self-employed physical therapist

Lisa is a self-employed physical therapist who works from a rented space. Lisa charges $250 for a therapy session. She incurred the following costs last month: space and equipment rental, $1400; wages, $3500; materials, $1800. If Lisa’s profit last m..

  Property tax decrease

What effect, if any, would each of the following have on the short-run average (ATC, AFC, AVC) and marginal costs of an auto dealership:

  Why is government intervention needed for our economy to run

Why Is government intervention needed for our economy to run well. If Xavier keeps the tutor until his grade actually begins to fall, his marginal utility will be.

  Remote rural area with no competition nearby

For years, you were the owner/operator of a small gift shop in a remote rural area with no competition nearby. As such you were making above average profits every year. Consequently, new competitors were attracted to your market and eventually you fo..

  What is the pareto efficient

If the cost of providing g streetlights is given by c(g)=g^2, what is the Pareto efficient(optimal) number of streetlights to provide?

  Research on recent actions on the part of federal reserve

Do some outside research on recent actions on the part of the Federal Reserve. The Fed is essentially responsible for monetary policy. Describe the functions of the Fed and why manipulation of the money supply has been such a prominent tactic over th..

  Identify three keys points or beliefs

Identify three keys points or beliefs held by the Chicago school of economic thought. What are the macroeconomic policy implications of those beliefs?

  Conflicting political economic perspectives exist

Conflicting political economic perspectives exist between many nations. Using the United States , Japan, and the former Soviet Union as examples, describe how each nation views capitalism and name at least 2 policy tools used by each to advance their..

  Fixed costs exist only

Fixed costs exist only in:

  Derive the function governing demand to each firm

Consider the horizontal quality model on the unit interval from 0 to 1. There are N consumers located uniformly along the interval. There are two firms, with zero marginal costs, initially located at 0 to 1. If the firms sell to the whole market, der..

  How does it affect level of investment and interest rates

How does it affect level of investment and interest rates. How does it affect individual consumer. Give at least three examples in your response.

  What effect would each of the following have on aggregate

What effect would each of the following have on aggregate demand or aggregate supply

Free Assignment Quote

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd