User Account

All Pages

What will the accumulated depreciation

Assignment Help Accounting Basics
Reference no: EM131785726

Question - Bernie's Beverages purchased some fixed assets classified as 5-year property for MACRS. The assets cost $30,000. What will the accumulated depreciation be at the end of year three?

MACRS 5-year property

Year Rate

1 20.00%

2 32.00%

3 19.20%

4 11.52%

5 11.52%

6 5.76%

$15,600

$3,456

$6,000

$21,360

$25,290

Reference no: EM131785726

Questions Cloud

What is the aftertax cash flow from the sale of this asset : Required: If the relevant tax rate is 34 percent, what is the aftertax cash flow from the sale of this asset? (Do not round your intermediate calculations.)
How might diversity impact individual attitudes and behavior : How might diversity impact individual attitudes and behavior? Describe your current skills in terms of the POLC model found in your Practice Activity?
Describe role of human resources in supporting organizations : Describe the role of Human Resources in supporting organizations to maintain competitive advantage through people.
Purpose of measuring peak expiratory flow : Explain the purpose of measuring Peak Expiratory Flow (PEF) rate and use statistical analysis to compare PEF measured by peak flow meter and spirometer.
What will the accumulated depreciation : Bernie's Beverages purchased some fixed assets classified as 5-year property for MACRS. The assets cost $30,000. What will the accumulated depreciation
How are management and leadership similar or different : Based on your knowledge of the field of management and your personal definition of leadership, how are management and leadership similar or different?
External and internal respiration : Discuss the gas exchange taking place during external and internal respiration. Compare the events associated with quiet and forceful breathing.
Appropriate physiological explanations : Did blood pressure and pulse rate change when you changed your body positions ( Supine (lying down), Sitting , Standing)?
Defining the excess fuel availability : The plant has byproducts that can be used as fuel or must be discarded with no value. Thus, all excess fuel should be consumed, if possible.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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