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2 separate questions. Swifty Company has an old factory machine that cost $49.500. The machine has accumulated depreciation of $27,100. swifty has decided to sell
2 separate questions.
Swifty Company has an old factory machine that cost $49.500. The machine has accumulated depreciation of $27,100. swifty has decided to sell the machine (Credit account tiltles are automatically indented when amount is entered Do not Indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts) Ww Whatentry would Swifty make to record the sale of the machine for $33000 cash? (b) What entry would witty make to record the sale of the machine for $15,000 cash? Account Titles and Explanation Debit Credit bil For 2022, Cheyenne Corp. reported beginning total assets of $206,000 and ending total asets of $354.000. Its net Income for this period was $50,500, and its net sales were $759.500 Compute the comparty's asset turnover for 2022. (Round answer to 2 decimal places, os 1.25) Asset turnover times Step by Step Solution
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