A machine is value at $200,000. The company uses CCA declining depreciation method. The machine's useful life

Fantastic news! We've Found the answer you've been seeking!

Question:

A machine is value at $200,000. The company uses CCA declining depreciation method. The machine's useful life is 10 years and the CCA rate is 30% What is the annual deprecation dollar amount on the 4th year? a. $24,990 b. $20,580 c. $60,000 d. $141,690

Posted Date: Jun 03, 2024 05:22 PM

See More Questions

What is wrong with each of the following questions? What is your annual salary? Below 10,000 10,00015,000 15,00020,000 20,00025,000 25,00030,000 30,00035,000 35,000 and over Do you ever feel...
George Young Industries (GYI) acquired industrial robots at the beginning of 2008 and added them to the company's assembly process. During 2011, management became aware that the $1 million cost of...
Pan Company is made up of three Divisions: Goose, Ice, and Joker. They have been presented with a new investment opportunity to sell highly technical stunt planes. Financial information is given...
The behavior of the annual maintenance and repair cost in the Bus Transportation Department of the Summerset Public School District is shown by the solid line in the following graph. The dashed line...
Question 4 (20 marks) Laboratory 4: Superposition Theorem Objectives: 1. Understand the principles of a Superposition Theorem 2. Determine the characteristics of a Superposition Theorem...
2 Ursala, Inc., has a target debt-equity ratio of .65. Its WACC is 10.4 percent, and the tax rate is 23 percent. a. If the company's cost of equity is 14 percent, what is its pretax cost of debt? b....
Thinking about Nike's corporate practices, discuss your approach to starting a company that outsourced labor in order to reduce manufacturing costs. What decisions would you make to combine...
Owen Properties recently purchased a building in a community that is eligible for participation in the National Flood Insurance Program (NFIP). Under the regular program of the NFIP, the maximum...
CASE 7.2 Oracle Corporation: Share-Based Compensation Effects/Statement of Shareholders' Equity A sales-based ranking of software companies provided by Yahoo! Finance on November 5, Year 8, places...
In the article on "Rules of the Game" the authors state that social capital (or social ties) and economic capital (wealth and income): Group of answer choices are not as fundamental as once thought,...
Communication in a matrix organization, especially for new staff, is quite __________ compared to other kinds of organization structures. a. Straightforward b. Complex and stressful c. Complex d....
The terms strong, balanced and weak, in the context of the matrix form of organizational structure, refer to the: a. Ability of the organization to achieve its goals b. Degree of authority the PM has...
As per Schneiders model of four core culture types, the leadership style of Catalyst is typically associated with ________ culture. a. Cultivation b. Control c. Competence d. Collective

A machine is value at $200,000. The company uses CCA declining depreciation method. The machine's useful life

Question:

Expert Answer:

Students also viewed these accounting questions