Business, 21.04.2020 19:54, gypsybrio1512
On January 1, Year 1, Dunn Brothers, Inc., purchased a new smartphone case making machine at a cost of $80,000. The estimated residual value was $9,000. Assume that the estimated useful life was four years and the estimated productive life of the machine was 710,000 units. Actual annual production was as follows: Year Units 1 213,000 2 156,200 3 195,250 4 145,550 Required: a. Calculate depreciation expense under the Straight-line method for Years 1 to 4. b. Calculate depreciation expense under the Units-of-production method for Years 1 to 4. c. Complete a depreciation schedule under the Double-declining-balance method.
Answers: 2
Business, 22.06.2019 13:50, tinasidell1972
The retained earnings account has a credit balance of $24,650 before closing entries are made. if total revenues for the period are $77,700, total expenses are $56,900, and dividends are $13,050, what is the ending balance in the retained earnings account after all closing entries are made?
Answers: 2
Business, 22.06.2019 23:00, frisha
Acollege registrar's office requires you to first visit with one of three advisors and then with one of two financial professionals. this system best described as which of the following? a. single server, single phase systemb. multiple server multiphase systemc. multiple server, cross phase systemd. single server, multiphase systeme. multiple server, single phase system
Answers: 2
Business, 22.06.2019 23:10, nataliemakin7123
R& m chatelaine is one of the largest tax-preparation firms in the united states. it wants to acquire the tax experts, a smaller rival. after the merger, chatelaine will be one of the two largest income-tax preparers in the u. s. market. what should chatelaine include in its acquisition plans? it should refocus its attention from the national to the international market. in addition to acquiring the tax experts, it should also determine the best way to drive independent "mom and pop" tax preparers out of business. chatelaine will need to explain to the federal trade commission how the acquisition will not result in an increase in prices for consumers. chatelaine should enter a price-based competition with its other major competitor to force it out of business and become a monopoly.
Answers: 3
On January 1, Year 1, Dunn Brothers, Inc., purchased a new smartphone case making machine at a cost...
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