subject
Business, 02.04.2020 21:01 EwTrTw4584

The Collins Metal Shop purchased a stamping machine for $257,000 on March 1, 2017. The machine is expected to have a useful life of 10 years, a salvage value of $32,000, a production of 250,000 units, and working hours of 30,000. During 2018, Denver used the stamping machine for 2,450 hours to produce 23,450 units. From the information given, compute the book depreciation expense for 2018 under each of the following methods. a. Straight-line b. Units-of-production c. Working hours d. Double-declining-balance (without conversion to straight-line) e. Double-declining-balance (with conversion to straight-line)

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 21:00, nedy800
Captain john's yachts, inc., located in fort lauderdale, florida, rents three types of ocean-going boats: sailboats, cabin cruisers, and captain john's favorite, the luxury yachts. captain john advertises his boats with his famous "you rent"we pilot" slogan, which means that the company supplies the captain and crew for each rented boat. each rented boat has one captain, of course, but the crew sizes (deck hands, galley hands, etc.) differ. the crew requirements, in addition to a captain, are one for sailboats, two for cabin cruisers, and three for yachts. ten employees are captains, and an additional 18 employees fill the various crew positions. currently, captain john has rental requests for all his boats: four sailboats, eight cabin cruisers, and three luxury yachts. if captain john's daily profit contribution is $50 for sailboats, $70 for cruisers, and $100 for luxury yachts, how many boats of each type should he rent?
Answers: 2
image
Business, 22.06.2019 11:00, nicko10
The following transactions occurred during july: received $1,000 cash for services provided to a customer during july. received $4,000 cash investment from bob johnson, the owner of the business received $850 from a customer in partial payment of his account receivable which arose from sales in june. provided services to a customer on credit, $475. borrowed $7,000 from the bank by signing a promissory note. received $1,350 cash from a customer for services to be rendered next year. what was the amount of revenue for july?
Answers: 1
image
Business, 23.06.2019 00:00, aloading2256
Which of the following statements is not correct? the stock of publicly owned companies must generally be registered with and reported to a regulatory agency such as the sec. when stock in a closely held corporation is offered to the public for the first time, the transaction is called "going public, or an ipo," and the market for such stock is called the new issue or ipo market. "going public" establishes a firm's true intrinsic value and ensures that a liquid market will always exist for the firm's shares. if you wanted to know what rate of return stocks have provided in the past, you could examine data on the dow jones industrial index, the s& p 500 index, or the nasdaq index.
Answers: 1
image
Business, 23.06.2019 01:50, katelynbychurch
Consider a firm with a contract to sell an asset for $149,000 four years from now. the asset costs $85,000 to produce today. a. given a relevant discount rate of 14 percent per year, calculate the profit the firm will make on this asset. (a loss should be indicated by a minus sign. do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) b. at what rate does the firm just break even?
Answers: 3
You know the right answer?
The Collins Metal Shop purchased a stamping machine for $257,000 on March 1, 2017. The machine is ex...

Questions in other subjects:

Konu
Geography, 17.12.2020 05:00
Konu
Mathematics, 17.12.2020 05:00
Konu
Health, 17.12.2020 05:00
Konu
Mathematics, 17.12.2020 05:00