FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

a piece of equipment is purchased for 18000 and has a salvage value of 2000 the estimated life is 10 years and the method of

a piece of equipment is purchased for 18000 and has a salvage value of 2000 the estimated life is 10 years and the method of depreciation is straight line shipping cost total $620 and installation costs are $590 the depreciation for two years is 200.00 1,800.00 1921.00 1721.00

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Meetings Expositions Events And Conventions An Introduction To The Industry

Meetings Expositions Events And Conventions An Introduction To The Industry

Authors: George Fenich

5th Edition

0134735900, 9780134735900

More Books

Students also viewed these Finance questions

Question

★★★★★
A dragster starts from rest and accelerates down a track. Each tire has a radius of 0.320 m and rolls without slipping. At a distance of 384 m, the angular speed of the wheels is 288 rad/s. Determine...

Answered: 1 week ago

Question

★★★★★
From the following information for the year 2009, prepare an income statement and a statement of shareholders' equity, under GAAP rules, for a company with shareholders' equity at the beginning of...

Answered: 1 week ago

Question

★★★★★
What does it mean when the odds ratio is (a) less than 1. (b) equal to 1. (c) more than 1.

Answered: 1 week ago

Question

★★★★★
Larissa Company has a unit selling price of $250, variable costs per unit of $170, and fixed costs of $140,000. Compute the break-even point in units using (a) The mathematical equation and (b)...

Answered: 1 week ago

Question

★★★★★
If the spot rate is 4.85TL/EUR, whereas the interest yield on Turkish T-bills is 10% while the EUR interest is 0,40% a. What is the expected rate one year ahead? b. What is the amount of the...

Answered: 1 week ago

Question

★★★★★
Which one is not the key feature of TQM? Multple Choice Everyone Is Involved in quality management in the organization The goal of ever-increasing customer satisfaction. Detect defects rather than...

Answered: 1 week ago

Question

★★★★★
Canada Importers is a Canadian firm based out of Mississauga Ontario. It was founded in 1979 and imports many different types of products. The company is looking to expand and has found that there is...

Answered: 1 week ago

Question

★★★★★
4. The data below pertains to the earnings of Juan Manuel for the week ended June 15, 2020: 3 points Hours and rate Earnings to date Overtime rate 42 hours worked at P40/hr P14.00 1 and times the...

Answered: 1 week ago

Question

★★★★★
Give the assumption or principle that would have been violated if the following entries or information had not been given: 1 . A owner of 3 different businesses wants to combine all of them into one...

Answered: 1 week ago

Question

★★★★★
huck and his employees have discussed redesigning the process to improve efficiency. Suppose they can increase the rate to 320 boxes per day. What will be their new productivity

Answered: 1 week ago

Question

★★★★★
Free-Response Questions 1. Suppose there are 100 residents on the island of Sunshine. Whenever someone purchases a palm tree to plant on the island, everyone on the island receives the same benefits...

Answered: 1 week ago

Question

★★★★★
What are the disadvantages of using organisational sources within your research project? a Provision of contextual information about the situation or issue that is being researched. b Difficulties of...

Answered: 1 week ago

Question

★★★★★
Which of the following are documentary forms of evidence about any organisation? a Minutes of executive committee meetings. b E-mail exchanges between an employee and his or her manager. c Newspaper...

Answered: 1 week ago

Question

★★★★★
To what extent have organisational stakeholders got firm ideas about the methods you should use? What skills will you need to manage these expectations and ensure the validity and reliability of the...

Answered: 1 week ago

Previous Question Next Question