Computing straight-line and double-declining-balance depreciation on january 2, reed company purchases a laser cutting machine for use in fabrication of a part for one of its key products. the machine cost $75,000, and its estimated useful life is five years, after which the expected salvage value is $5,000. for both parts (a) and (b) below: (1) compute depreciation expense for each year of the machine's five-year useful life under that depreciation method. (2) use the financial statements effects template to show the effect of depreciation for the first year only for that method. (a) straight-line $answer per year use negative signs with answers below, when appropriate. balance sheet transaction cash asset + noncash assets = liabilities + contributed capital + earned capital record first year depreciation answer answer answer answer answer income statement revenue - expenses = net income answer answer answer (b) double-declining year depreciation expense 1 $answer 2 $answer 3 $ answer 4 $answer 5 $answer use negative signs with answers below, when appropriate. balance sheet transaction cash asset + noncash assets = liabilities + contributed capital + earned capital record first year depreciation answer answer answer answer answer income statement revenue - expenses = net income answer answer answer
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Business, 21.06.2019 20:40, blackops3318
Afirm that makes electronic circuits has been ordering a certain raw material 250 ounces at a time. the firm estimates that carrying cost is i = 30% per year, and that ordering cost is about $20 per order. the current price of the ingredient is $200 per ounce. the assumptions of the basic eoq model are thought to apply. for what value of annual demand is their action optimal?
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Business, 22.06.2019 03:00, itscheesycheedar
Compare the sources of consumer credit 1. consumers use a prearranged loan using special checks 2. consumers use cards with no interest and non -revolving balances 3. consumers pay off debt and credit is automatically renewed 4. consumers take out a loan with a repayment date and have a specific purpose a. travel and entertainment credit b. revolving check credit c. closed-end credit d. revolving credit
Answers: 1
Business, 22.06.2019 04:30, fixianstewart
4. the condition requires that only one of the selected criteria be true for a record to be displayed.
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Business, 22.06.2019 20:20, isabelperez063
Why is it easier for new entrants to get involved in radical innovations when compared to incumbent firms? a. unlike incumbent firms, new entrants do not have to face the high entry barriers, initially. b. new entrants are embedded in an innovation ecosystem, while incumbent firms are not. c. unlike incumbent firms, new entrants do not have formal organizational structures and processes. d. incumbent firms do not have the advantages of network effects that new entrants have.
Answers: 2
Computing straight-line and double-declining-balance depreciation on january 2, reed company purchas...
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