Business, 16.04.2020 19:19 lizbeth696
Jensen Company purchased a new machine on October 1, 2017, at a cost of $104,000. The company estimated that the machine has a salvage value of $8,000. The machine is expected to be used for 80,000 working hours during its 8-year life.
Instructions
Compute depreciation using the following methods in the year indicated.
(a) Straight-line for 2017 and 2018, assuming a December 31 year-end.
(b) Declining-balance using double the straight-line rate for 2017 and 2018.
(c) Units-of-activity for 2017, assuming machine usage was 2,900 hours. (Round depreciation per unit to the nearest cent.)
Answers: 3
Business, 21.06.2019 18:20
Which of the following housing decisions provides a person with both housing and an investment? a. selling a share in a cooperative. b. buying a single-family home. c. renting an apartment. d. subletting a condominium. 2b2t
Answers: 2
Business, 21.06.2019 18:20
Elon musk is the ceo of tesla motors. musk also serves as chairman of tesla's board. according to corporate governance theory, which of the following is a logical reason why musk should serve on the board? 1. he serves on many other boards, including that of a major client of tesla.2. his is an independent director who is well positioned to monitor the company's management.3. he can easily fire board members that are shirking their duties.4. he can provide the board with valuable inside information about the firm and the industry.
Answers: 1
Business, 22.06.2019 08:30
What has caroline's payment history been like? support your answer with two examples
Answers: 3
Business, 22.06.2019 12:10
Compute the cost of not taking the following cash discounts. (use a 360-day year. do not round intermediate calculations. input your final answers as a percent rounded to 2 decimal places.)
Answers: 1
Jensen Company purchased a new machine on October 1, 2017, at a cost of $104,000. The company estima...
Mathematics, 01.04.2021 22:00
Mathematics, 01.04.2021 22:00
Mathematics, 01.04.2021 22:00
Mathematics, 01.04.2021 22:00
Mathematics, 01.04.2021 22:00
Mathematics, 01.04.2021 22:00
Mathematics, 01.04.2021 22:00
Arts, 01.04.2021 22:00
Mathematics, 01.04.2021 22:00