Reference no: EM131790461
Question - Equipment acquired on January 3, 2005, at a cost of $147,500, has an estimated useful life of eight years and an estimated residual value of $17,500. What was the annual amount of depreciation for the years 2005, 2006, and 2007, using the straight-line me
Read more: Equipment acquired on January 3, 2005, at a cost of $147,500, has an estimated useful life of eight years and an estimated residual value of $17,500.
A) What was the annual amount of depreciation for the years 2005, 2006, and 2007, using the straight-line method of depreciation?
B) What was the book value of the equipment on January 1, 2008?
C) Assuming that the equipment was sold on January 2, 2008, for 95,000 journalize the entry to record the sale.
D) Assuming that the equipment had been sold on January second 2008, for 100,000 instead of 95,000, journalize the entry to record the sale.
Determine what annual rate of interest
: Use the IRR function to determine what annual rate of interest (APR) GEICO is charging. Hint: Let time zero be one month before coverage starts
|
Determine the amount of depreciation expense
: Determine the amount of depreciation expense for the years ended December 31, 2006, 2007 and 2008, by (a) the straight-line method
|
What score does an applicant need
: What score does an applicant need? Include a well-labeled Normal curve as part of your answer. See page 317 for guidance.
|
What is your estimate of the stocks current price
: The company's stock has a beta of 1.4, the risk-free rate is 2.5%, and the market risk premium is 9%. What is your estimate of the stock's current price
|
What was the annual amount of depreciation
: What was the annual amount of depreciation for the years 2005, 2006, and 2007, using the straight-line method of depreciation
|
What is the role of beta in capm
: What is the role of beta in CAPM? Explain. What is forecasting error?
|
Find what womens height is the minimum required for joining
: Find what women's height is the minimum required for joining the club, rounding to the nearest inch. Draw a well-labeled sketch to support your answer.
|
Impact of legislation and regulation
: Dow Chemical is a manufacturer and supplier of products used primarily as raw materials in the manufacture of customer products and services
|
Find what mens height is the minimum required
: Find what men's height is the minimum required for joining the club, rounding to the nearest inch. Draw a well-labeled sketch to support your answer.
|