The 2015 financial statements of Willamette Valley Vineyards include the following footnote:

2015

2014

Land

8,661,567

4,119,116

Winery building and hospitality center

7,378,516

6,795,799

Equipment

7,162,200

6,299,500

23,202,283

17,214,415

Less accumulated depreciation

(9,543,193)

(8,908,779)

$ 13,659,090

$8,305,636

Revenues

25,000,000

22,000,000

Depreciation expense

$ 669,781

$ 646,333

Calculate the property, plant and equipment turnover for 2015

b. Estimate the useful life on average for Willamette’s depreciable assets at the end of fiscal 2015.

c. Estimate the property and equipment’s percent-used-up at the end of fiscal 2015

The following pertains to smoke, inc.’s investment in debt securities: on december 31, year 3, smoke reclassified a security acquired during the year for $70,000. it had a $50,000 fair value when it was reclassified from trading to available-for-sale. an available-for-sale security costing $75,000, written down to $30,000 in year 2 because of an other-than-temporary impairment of fair value, had a $60,000 fair value on december 31, year 3. what is the net effect of the above items on smoke’s net income for the year ended december 31, year 3?

Ellen and george work for the same company. ellen, a gen xer, really appreciates the flextime opportunities, while george, a baby boomer, takes advantage of the free computer training offered at the company. these policies are examples of

Match each definition in column 1 with a vocabulary word from column 2." some of the entries in column 2 do not apply costs which do not change with the level of output costs which change with the level of output the change in total costs resulting from an increase in output by one unit function showing the quantities of a particular good demanded at a range of price when the quantity supplied of a good is greater than the quantity demanded when the quantity demanded for a particular good is greater than the quantity supplied the price and quantity determined in a market when the supply equals the demand when revenue exceeds costs when costs exceeds revenue output where revenue = costs