User Account

All Pages

What would be the annual depreciation

Assignment Help Accounting Basics
Reference no: EM133078111

Question - If a bar bought an expresso machine for 20,000 and it was estimated that the machine would be good for 10 years after which it would have a residual value of 2,000. What would be the annual depreciation using the straight line method.

Reference no: EM133078111

Questions Cloud

Evaluation of current financial status : After an evaluation of its current financial status and an assessment of future industry trends,
Draw the range of possible distributions : Consider two people that each have the following Utility Function in the consumption of Good X and Good Y: U = 2 X'ZY'S The economy has 25 units of Good X and 6
Prepare journal entries for dish pan payroll : Prepare journal entries for Dish Pan's payroll and the related payroll expenses. The dates and memo entries are already provided
Develop vision statement for organization : Develop a vision statement for any organization of your choice. Your vision statement should be designed to encourage a high-performing and competitive future
What would be the annual depreciation : If a bar bought an expresso machine for 20,000. What would be the annual depreciation using the straight line method
Cultures of servant leadership and their impact : Review the study materials and read "Cultures of Servant Leadership and Their Impact."
How should the company record this donation : Instead of selling the furniture at the end of its useful life, the company donates its old furniture to charity. How should the company record this donation
Which is more detrimental to firm : Which is more detrimental to a firm, pricing your product or service too high, or pricing your product or service too low?
How much would michael amortize this customer list : On 10/1/19, Michael paid $40,000 for a customer list. He incurred legal fees of $4,000. How much would Michael amortize this Customer List

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