Swift company purchased a machine on january 1, 2016, for $900,000. at the date of acquisition, the machine had an estimated useful life of six years with no salvage. the machine is being depreciated on a straight-line basis. on january 1, 2019, swift determined, as a result of additional information, that the machine had an estimated useful life of eight years from the date of acquisition with no salvage. an accounting change was made in 2019 to reflect this additional information. what is the amount of depreciation expense on this machine that should be charged in swift's income statement for the year ended december 31, 2019? 1. $225,0002. $90,0003. $112,5004. $180,000

Newton industries is considering a project and has developed the following estimates: unit sales = 4,800, price per unit = $67, variable cost per unit = $42, annual fixed costs = $11,900. the depreciation is $14,700 a year and the tax rate is 34 percent. what effect would an increase of $1 in the selling price have on the operating cash flow?

Suppose the real risk-free rate and inflation rate are expected to remain at their current levels throughout the foreseeable future. consider all factors that affect the yield curve. then identify which of the following shapes that the u.s. treasury yield curve can take. check all that apply.

Colorado rocky cookie company offers credit terms to its customers. at the end of 2018, accounts receivable totaled $715,000. the allowance method is used to account for uncollectible accounts. the allowance for uncollectible accounts had a credit balance of $50,000 at the beginning of 2018 and $30,000 in receivables were written off during the year as uncollectible. also, $3,000 in cash was received in december from a customer whose account previously had been written off. the company estimates bad debts by applying a percentage of 15% to accounts receivable at the end of the year. 1. prepare journal entries to record the write-off of receivables, the collection of $3,000 for previously written off receivables, and the year-end adjusting entry for bad debt expense.2. how would accounts receivable be shown in the 2018 year-end balance sheet?