University car wash built a deluxe car wash across the street from campus. the new machines cost $237,000 including installation. the company estimates that the equipment will have a residual value of $28,500. university car wash also estimates it will use the machine for six years or about 12,500 total hours. actual use per year was as follows:
1. prepare a depreciation schedule for six years using the straight-line method. (do not round your intermediate calculations.)
2. prepare a depreciation schedule for six years using the double-declining-balance method. (do not round your intermediate calculations.)
3. prepare a depreciation schedule for six years using the activity-based method. (round your "depreciation rate" to 2 decimal places and use this amount in all subsequent calculations.)
Answers: 1
Other questions on the subject: Business
Business, 21.06.2019 23:30, reddmeans6
Starting at age 30, you deposit $2000 a year into an ira account for retirement. treat the yearly deposits into the account as a continuous income stream. if money in the account earns 7%, compounded continuously, how much will be in the account 35 years later, when you retire at age 65? how much of the final amount is interest?
Answers: 2
Business, 22.06.2019 11:00, roseemariehunter12
In each of the following cases, find the unknown variable. ignore taxes. (do not round intermediate calculations and round your answers to the nearest whole number, e. g., 32.) accounting unit price unit variable cost fixed costs depreciation break-even 20,500 $ 44 $ 24 $ 275,000 $ 133,500 44 4,400,000 940,000 8,000 75 320,000 80,000
Answers: 3
Business, 22.06.2019 20:30, cahree
Afirm wants to strengthen its financial position. which of the following actions would increase its current ratio? a. reduce the company's days' sales outstanding to the industry average and use the resulting cash savings to purchase plant and equipment. b. use cash to repurchase some of the company's own stock. c. borrow using short-term debt and use the proceeds to repay debt that has a maturity of more than one year. d. issue new stock, then use some of the proceeds to purchase additional inventory and hold the remainder as cash. e. use cash to increase inventory holdings.
Answers: 3
Business, 23.06.2019 14:30, epicness5815
You received to create an urgent presentation with predesigned and preinstalled elements. which option will you use?
Answers: 2
You know the right answer?
University car wash built a deluxe car wash across the street from campus. the new machines cost $23...
Questions in other subjects:
English, 21.10.2021 09:50
Mathematics, 21.10.2021 09:50
Physics, 21.10.2021 09:50
Mathematics, 21.10.2021 09:50
