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On January 1, 2022, Crane Creek Country Club purchased a new riding mower for $16,300. The mower is expected to have a 10 -year life

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On January 1, 2022, Crane Creek Country Club purchased a new riding mower for $16,300. The mower is expected to have a 10 -year life with a $1,800 salvage value. What journal entry would Crane Creek make on December 31, 2022, if it uses straight-line depreciation? (Credit account titles 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 0 for the amounts.) eTextbook and Media List of Accounts Last saved 1 second ago. Attempts: 1 of 3 used Suppose in its 2022 annual report that McDonald's Corporation reports beginning total assets of $29.00 billion, ending total assets of $31.00 billion, net sales of $21.60 billion, and net income of $4.59 billion. (a) Compute McDonald's return on assets. (Round return on assets to 2 decimal places, eg. 5.12\%) McDonald's return on assets % (b) Compute McDonald's asset turnover. (Round asset turnover to 2 decimal ploces, es. 5.12.) McDonald's asset turnover times

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