Business, 21.12.2019 05:31 eyeneedalife
On january 2, 2018, nimble delivery service purchased a truck at a cost of $ 95 comma 000. before placing the truck in service, nimble spent $ 4 comma 000 painting it, $ 2 comma 500 replacing tires, and $ 7 comma 500 overhauling the engine. the truck should remain in service for five years and have a residual value of $ 10 comma 000. the truck's annual mileage is expected to be 26 comma 000 miles in each of the first four years and 19 comma 750 miles in the fifth yearlong dash123 comma 750 miles in total. in deciding which depreciation method to use, steven kittridge, the general manager, requests a depreciation schedule for each of the depreciation methods (straight-line, units-of-production, and double-declining-balance).requireme nts 1. prepare a depreciation schedule for each depreciation method, showing asset cost, depreciation expense, accumulated depreciation, and asset book value. 2. rapid prepares financial statements using the depreciation method that reports the highest net income in the early years of asset use, consider the first year that rapid uses the truck. identify the depreciation method that meets the company's objectives.
Answers: 3
Business, 21.06.2019 21:30
Dr. dow jones wants to know whether a problem-based approach to teaching economics will result in higher academic performance than his traditional method. of the six sections of economics 101 at his university, dr. jones randomly assigns three sections to the traditional method and three sections to the problem-based method for unit 1 of the course. then all sections switch the instructional method for unit 2. he plans to compare the performance of the two groups of sections on their unit 1 and unit 2 exams. this study employs a design.
Answers: 3
Business, 22.06.2019 13:10
Paid-in-capital in excess of par represents the amount of proceeds a. from the original sale of common stock b. in excess of the par value from the original sale of common stock c. at the current market value of the common stock d. at the curent book value of the common stock
Answers: 1
Business, 22.06.2019 19:30
Adisadvantage of corporations is that shareholders have to pay on profits.
Answers: 1
Business, 22.06.2019 20:00
River corp's total assets at the end of last year were $415,000 and its net income was $32,750. what was its return on total assets? a. 7.89%b. 8.29%c. 8.70%d. 9.14%e. 9.59%
Answers: 3
On january 2, 2018, nimble delivery service purchased a truck at a cost of $ 95 comma 000. before pl...
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