Business, 30.11.2019 02:31, gtamods402
Mobic inc. acquired some manufacturing equipment in january 2015 for $400,000 and depreciated it $40,000 each year for three years on a straight-line basis. during 2018, the manufacturer announced a new technology for this type of equipment that will make the old models obsolete by the end of 2021. as a result, mobic will plan to replace the equipment at that time, effectively reducing the asset's life from ten to seven years. in its financial statements for 2018, mobic should:
a) charge $280,000 in depreciation expense. b) report the book value of the equipment in its december 31,2018 balance sheet at $210,000.c) make an adjustment to retained earnings for the error in measuring depreciation during 2015-2017.d) none of these answer choices are correct
Answers: 1
Business, 21.06.2019 14:00, dinadenoirefan
Which change is illustrated by the shift taking place on this graph? an increase in demanda decrease in demandan increase in supplya decrease in supply
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Business, 22.06.2019 08:50, sandram74691
Dyed-denim corporation is seeking to lower the costs of value creation and achieve a low-cost position. as a result, it plans to move its manufacturing plant from the u. s. to thailand, which based on company research, is the optimal location for production. this strategic move will most likely allow the company to realize
Answers: 3
Business, 22.06.2019 19:40, jair512872
Lauer corporation uses the periodic inventory system and has provided the following information about one of its laptop computers: date transaction number of units cost per unit 1/1 beginning inventory 210 $ 910 5/5 purchase 310 $ 1,010 8/10 purchase 410 $ 1,110 10/15 purchase 255 $ 1,160 during the year, lauer sold 1,025 laptop computers. what was cost of goods sold using the lifo cost flow assumption?
Answers: 1
Business, 22.06.2019 23:20, chrisgaz14
Suppose you manage an upscale restaurant in new york city. would involve writing employee schedules and a list of things to do for the chef and other kitchen staff
Answers: 3
Mobic inc. acquired some manufacturing equipment in january 2015 for $400,000 and depreciated it $40...
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