subject
Business, 04.11.2019 22:31 aliviafrancois2000

The management of petro garcia inc. was discussing whether certain equipment should be written off as a charge to current operations because of obsolescence. this equipment has a cost of $ 2,058,300 with depreciation to date of $ 914,800 as of december 31, 2014. on december 31, 2014, management projected its future net cash flows from this equipment to be $ 686,100 and its fair value to be $ 526,010 .the company intends to use this equipment in the future. prepare the journal entry (if any) to record the impairment at december 31, 2014.at december 31, 2015, the equipment

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 10:30
Which analyst position analyzes information using mathematical models to business managers make decisions? -budget analyst -management analyst -credit analyst -operations research analyst
Answers: 1
question
Business, 22.06.2019 11:20
Ardmore farm and seed has an inventory dilemma. they have been selling a brand of very popular insect spray for the past year. they have never really analyzed the costs incurred from ordering and holding the inventory and currently fave a large stock of the insecticide in the warehouse. they estimate that it costs $25 to place an order, and it costs $0.25 per gallon to hold the spray. the annual requirements total 80,000 gallons for a 365 day year.a. assuming that 10,000 gallons are ordered each time an order is placed, estimate the annual inventory costs.b. calculate the eoq.c. given the eoq calculated in part b., how many orders should be placed and what is the average inventory balance? d. if it takes seven days to receive an order from suppliers, at what inventory level should ardmore place another order?
Answers: 2
question
Business, 22.06.2019 17:00
Afinancing project has an initial cash inflow of $42,000 and cash flows of βˆ’$15,600, βˆ’$22,200, and βˆ’$18,000 for years 1 to 3, respectively. the required rate of return is 13 percent. what is the internal rate of return? should the project be accepted?
Answers: 1
question
Business, 22.06.2019 20:00
Acompetitive market in healthcare would a. overprovide healthcare because the marginal social benefit of healthcare exceeds the marginal benefit perceived by consumers b. underprovide healthcare because it would eliminate medicare and medicaid c. underprovide healthcare because the marginal social benefit of healthcare exceeds the marginal benefit perceived by consumers d. overprovide healthcare because it would be similar to the approach used in canada
Answers: 1
You know the right answer?
The management of petro garcia inc. was discussing whether certain equipment should be written off a...
Questions
question
English, 12.03.2020 16:59
Questions on the website: 13722363