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Question
Equipment was acquired on June 1, 2015 for $28,000. The equipment has a salvage value of $3,000 and a useful life of 10 years.
What was depreciation for 2015? (Round to the nearest dollar) use straight line method and Equipment was acquired on January 1, 2015 for $65,000. The equipment was depreciated using the straight-line method and had a salvage value of $3,000 and a useful life of 10 years.
At the at end of 2020 (before recording the adjustment for 2020), management revised the total useful life to 15 years and a salvage value of $4,000.
What is the revised annual depreciation? using revised depreciation can i get explanation how to use and count the useful time?
Rossiter restaurants is analyzing a project that requires 180,000 of fixed assets. when the period ends, those assets are expected to have an after tax salvage value of 45,000, how is the 45,000 salvage value handled when computing the net present va..
If Kitty sells during the third year, how much will be the back-end load?
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Cooke Co. is comparing two different capital structures. Plan I would result in 8,700 shares of stock and $399,000 in debt. Plan II would result in 12,500 shares of stock and $239,400 in debt. What is the price per share of equity under plan l?
You must evaluate a proposed spectrometer for the R&D department. The base price is $110,000, and it would cost another $27,500 to modify the equipment for special use by the firm. What are the project's annual cash flows in Years 1, 2, and 3? Round ..
Bureaucrats’ behavior is modeled as trying to A. Maximize profits. B. Maximize the level of services. C. Maximize the size of their agency’s budget. D. Minimize risk.
When a supermarket is determining the optimal price for fresh lobster it should probably take into consideration the price of "inferior" items.
What return should investors expect to earn on these bonds? What return should investors expect to earn on these bonds?
Which of the following would be an example of a derivative security? Which of the following bank accounts has the highest effective annual return?
What is the annualized (geometric) rate of return? Is the annualized rate the same as the average rate? - Is the annualized rate of return higher or lower than the average of the individual rates of return? Why?
What does the budget data tell you about the nature of Wendover's patients: Are they capitated or fee-for-service?
Pure risks are those that, when they occur, create a loss. Insurance is a contract of indemnity, which means that a person is entitled to compensation only to the extent that an actual financial loss has been suffered. The principle of insurable inte..
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