ng me. 9 minutes, 3 seconds. Question Completion Status: YULUTTUNUZ On January 6, 2016, K.P. Scott Co. paid $265,000 for a computer system. In addition to the basic purchase price, the company paid a setup fee of $800, $6,400 sales tax, and $27,800 for a special platform on which to place the computer. K.P. Scott management estimates that the computer will remain in service for five years and have a salvage value of $30,000. The computer will process 45,000 documents in the first year, with annual processing decreasing by 2,500 documents during each of the next four years (that is, 42,500 documents in 2017, 40,000 documents in 2018, and so on). In trying to decide which depreciation method to use, the company president has requested a depreciation schedule for each of the three depreciation methods (straight-line, units-of-production, and double-declining-balance). If K.P. Scott Co. uses the Straight-Line Depreciation method, the depreciable cost applicable to 2017 is equal to If K.P. Scott Co. uses the Straight-Line Depreciation method, the depreciation rate (in %) applicable to 2017 is equal to If K.P. Scott Co. uses the Straight-Line Depreciation method, the depreciation expense applicable to 2017 is equal to If K.P. Scott Co. uses the Straight-Line Depreciation method, the net book value at the end of 2017 is equal to If K.P. Scott Co. uses the Units-of-Production Depreciation method, the depreciable cost applicable to 2017 is equal to If K.P. Scott Co. uses the Units-of-Production Depreciation method, the depreciation rate (in $ per unit of production) applicable to 2017 is equal to If K.P. Scott Co. uses the Units-of-Production Depreciation method, the depreciation expense applicable to 2017 is equal to If K.P. Scott Co. uses the Units-of-Production Depreciation method, the net book value at the end of 2017 is equal to If K.P. Scott Co. uses the Double-Declining-Balance Depreciation method, the depreciable cost applicable to 2017 is equal to If K.P. Scott Co. uses the Double-Declining-Balance Depreciation method, the depreciation rate (in %) applicable to 2017 is equal to If K.P. Scott Co. uses the Double-Declining-Balance Depreciation method, the depreciation expense applicable to 2017 is equal to If K.P. Scott Co. uses the Double-Declining-Balance Depreciation method, the net book value at the end of 2017 is equal to jestion Completion Status: QUESTION 28 Catering Co. C reported the following information in its recent financial statements: Catering Co. C Income Statement For the year ended 31 Mar 20X5 ($ in million) Net sales $7,356 Less: Cost of food sold 2,402 Less: other expenses 4,174 Earnings before interest and taxes 780 Less: Taxes 193 Net profit $587 Catering Co. 20X4 and 2005 Statement of Financial Position ($ in million) Cash Accounts rec. 2004 2005 $ 1,149 $ 1,236 80 143 Accounts payable Long-term debt 2074 2075 $774 $820 6167 Remaining Time: 58 minutes, 03 seconds. Question Completion Status: Statement of Financial Position ($ in million) 80 2084 2085 2084 2085 Cash 1,149 $ 1,236 Accounts payable $774 $820 Accounts rec. 143 Long-term debt Inventory 212 228 Share capital 1,112 Total 1,441 $1,607 Retained earnings Net fixed assets 3,126 2,955 Total assets $4,567 $4,562 Total liabilities & equity $4,567 $4,562 Calculate the net profit margin in % for 20X5 in 2. 2.564 Calculate how many days on average it takes Catering Co. C to sell their inventor Calculate how many days on average it takes Catering Co. C to collect its receivables Calculate how many dollars of sales Catering Co. C generates from every dollar of total asse Calculate Catering Co. C's debt ratio for 20X5 ir Calculate Catering Co. C's earnings per share in if it has 1,000,000,000 shares outstanding. Calculate Catering Co. C's price earnings ratio in if the share price is $21.45. Calculate Catering Co. C's return on equity in 20X5 Suggest TWO ways to improve the return on equity under the DuPont system in Click Save and Submit to save and submit. Click Save All Answers to save all answers