Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 24, 2024

Please write in keyboard 4) A piece of equipment used in a business has a basis of $60,000 and is expected to have a $5,000

Please write in keyboard image text in transcribed

4) A piece of equipment used in a business has a basis of $60,000 and is expected to have a $5,000 SV when replaced after 22,000 hours of use. Find its depreciation rate per hour of use and find its BV after 9,000 hours of operation. (5 p.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

Options Futures And Other Derivatives

Authors: John Hull

11th Global Edition

1292410655, 9781292410654

More Books

Students also viewed these Finance questions

Question

★★★★★

At December 31, 2014, Aminder Corporation has a deferred tax asset of $340,000. After a careful review of all available evidence, it is determined that it is more likely than not that $70,000 of this...

Answered: 1 week ago

Question

★★★★★

From the companies referenced in Figure 1.1 make a list of the various factors that can be said to influence organizational change. What does this tell you about the management of change?

Answered: 1 week ago

Question

★★★★★

On average, conduct problems are appropriately 2 to 3 times more likely in boys compared to girls. The gender gap is greatest during middle childhood.

Answered: 1 week ago

Question

★★★★★

Postal Express has outlets throughout the world. It also keeps funds for transactions purposes in many foreign countries. Assume in 2010 it held 240,000 reals in Brazil worth 170,000 dollars. It drew...

Answered: 1 week ago

Question

★★★★★

Light emitting diode (LED) light bulbs have become required in recent years, but do they make financial sense? Suppose a typical 60-watt incandescent light bulb costs $.55 and lasts for 1,000 hours....

Answered: 1 week ago

Question

★★★★★

Wizard World specializes in manufacturing game consoles. Since it is important that the consol be on the shelves for Christmas, the manager of Wizard World is considering an offer from another...

Answered: 1 week ago

Question

★★★★★

The Casual Furniture Company manufactures outdoor furniture and incurred the following costs during the month of January: $ Timber 31,998 Wages-assembly line personnel 19,499 Wages-factory supervisor...

Answered: 1 week ago

Question

★★★★★

A drug trial is attempted using a real drug and a pill made of just sugar. 18 people are given the real drug in hopes of increasing the calcium levels. The increase in calcium level is found to be on...

Answered: 1 week ago

Question

★★★★★

1. Using the TQM philosophy show how Disney or any other company can benefit from implementing lean method so that customers can experience their value for money. 2. Provide recommendations on how...

Answered: 1 week ago

Question

★★★★★

Question: Consider the following figure. Draw the BFS tree considering 2 as the source node and mark each level. If you have multiple options while traversing, pick the node with smallest index. Part...

Answered: 1 week ago

Question

★★★★★

To be superior to similar products available in the market, products and services must possess a high level of quality. In different forms, most products come with assurances of quality, but are they...

Answered: 1 week ago

Question

★★★★★

=+c. Find or create a visual.

Answered: 1 week ago

Question

★★★★★

=+Cereality is a restaurant chain that primarily serves custom-designed cereals and toppings. Check out www.cereality.com for more details. Be sure to

Answered: 1 week ago

Question

★★★★★

1 Self- managing teams are semi- autonomous and have areas of freedom and areas of constraint. What are the advantages and disadvantages of limiting the degree of freedom that teams have? Autonomous...

Answered: 1 week ago

Previous Question Next Question