Business, 05.12.2019 20:31 benjaminatkinson1
(chapter ten) a new machine costs $120,000, has an estimated useful life of five years and an estimated salvage value of $15,000 at the end of that time. it is expected that the machine can produce 210,000 widgets during its useful life. the new times company purchases this machine on january 1, 2013, and uses it for exactly three years. during these years the annual production of widgets has been 80,000, 50,000, and 30,000 units, respectively. on january 1, 2016, the machine is sold for $45,000. required: calculate the depreciation expense for each of the first three years using: a. straight-line b. units-of-production c. double-declining-balance
Answers: 1
Business, 22.06.2019 14:20, Champion9701
For the year ended december 31, a company has revenues of $323,000 and expenses of $199,000. the company paid $52,400 in dividends during the year. the balance in the retained earnings account before closing is $87,000. which of the following entries would be used to close the dividends account?
Answers: 3
Business, 22.06.2019 19:50, annabanana1298
Juan's investment portfolio was valued at $125,640 at the beginning of the year. during the year, juan received $603 in interest income and $298 in dividend income. juan also sold shares of stock and realized $1,459 in capital gains. juan's portfolio is valued at $142,608 at the end of the year. all income and realized gains were reinvested. no funds were contributed or withdrawn during the year. what is the amount of income juan must declare this year for income tax purposes?
Answers: 1
Business, 22.06.2019 22:10, jpimentel2021
What is private equity investing? who participates in it and why? how is palamon positioned in the industry? how does private equity investing compare with public market investing? what are the similarities and differences between the two? why is palamon interested in teamsystem? does it fit with palamon’s investment strategy? how much is 51% of teamsystem’s common equity worth? use both a discounted cash flow and a multiple-based valuation to justify your recommendation. what complexities do cross-border deals introduce? what are the specific risks of this deal? what should louis elson recommend to his partners? is it a go or not? if it is a go, what nonprice terms are important? if it’s not a go, what counterproposal would you make?
Answers: 1
(chapter ten) a new machine costs $120,000, has an estimated useful life of five years and an estima...
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