Business, 05.12.2019 05:31, heavyhearttim

Perdue company purchased equipment on april 1 for $67,500. the equipment was expected to have a useful life of three years, or 4,860 operating hours, and a residual value of $1,890. the equipment was used for 900 hours during year 1, 1,700 hours in year 2, 1,500 hours in year 3, and 760 hours in year 4.required: determine the amount of depreciation expense for the years ended december 31, year 1, year 2, year 3, and year 4, by (a) the straight-line method, (b) units-of-output method, and (c) the double-declining-balance method. note: for declining balance only, round the multiplier to four decimal places. then round the answer for each year to the nearest whole dollar. a. straight-line methodyear amountyear 1 $year 2 $year 3 $year 4 $b. units-of-output methodyear amountyear 1 $year 2 $year 3 $year 4 $c. double-declining-balance methodyear amountyear 1 $year 2 $year 3 $year 4 $

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 21:10, BABA3724

Auniversity spent $1.8 million to install solar panels atop a parking garage. these panels will have a capacity of 400 kilowatts (kw) and have a life expectancy of 20 years. suppose that the discount rate is 20%, that electricity can be purchased at $0.10 per kilowatt-hour (kwh), and that the marginal cost of electricity production using the solar panels is zero. hint: it may be easier to think of the present value of operating the solar panels for 1 hour per year first. approximately how many hours per year will the solar panels need to operate to enable this project to break even? a. a.3,696.48 b.14,785.92 c.9,241.20 if the solar panels can operate only for 8,317 hours a year at maximum, the project (would/would not)break even?

Answers: 1

continue

Business, 22.06.2019 10:40, emojigirl5754

Two assets have the following expected returns and standard deviations when the risk-free rate is 5%: asset a e(ra) = 18.5% σa = 20% asset b e(rb) = 15% σb = 27% an investor with a risk aversion of a = 3 would find that on a risk-return basis. a. only asset a is acceptable b. only asset b is acceptable c. neither asset a nor asset b is acceptable d. both asset a and asset b are acceptable

Answers: 2

continue

Business, 22.06.2019 11:50, dinero0424

After graduation, you plan to work for dynamo corporation for 12 years and then start your own business. you expect to save and deposit $7,500 a year for the first 6 years (t = 1 through t = 6) and $15,000 annually for the following 6 years (t = 7 through t = 12). the first deposit will be made a year from today. in addition, your grandfather just gave you a $32,500 graduation gift which you will deposit immediately (t = 0). if the account earns 9% compounded annually, how much will you have when you start your business 12 years from now?

Answers: 1

continue

Business, 22.06.2019 13:10, jameahkitty123

bradford, inc., expects to sell 9,000 ceramic vases for $21 each. direct materials costs are $3, direct manufacturing labor is $12, and manufacturing overhead is $3 per vase. the following inventory levels apply to 2019: beginning inventory ending inventory direct materials 3,000 units 3,000 units work-in-process inventory 0 units 0 units finished goods inventory 300 units 500 units what are the 2019 budgeted production costs for direct materials, direct manufacturing labor, and manufacturing overhead, respectively?

Answers: 2

continue

Do you know the correct answer?

Perdue company purchased equipment on april 1 for $67,500. the equipment was expected to have a usef...