BE11. 11 (LO5,7) Obihiro Group has equipment with an original cost of ÂĄ500,000,000 and related accumulated depreciation of ÂĄ100,000,000 on December 31, 2019. The fair value of the equipment at December 31, 2019, is ÂĄ650,000,000. The equipment has a useful life of 4 years remaining after December 31, 2019, with no residual value. Obihiro uses the straight-line method of depreciation. Prepare the entry to (a) record the revaluation of the equipment on December 31, 2019, and (b) record depreciation on the equipment at December 31, 2020.

Interest is credited to a fixed annuity no lower than the variable contract rate contract guaranteed rate current rate of inflation prime rate

Why should managers invest any excess cash

Suppose farmer lane grows and sells cotton in a perfectly competitive industry. the market price of cotton is $1.64 per kilogram, and his marginal cost of production is $1.44 per kilogram, which increases with output. assume farmer lane is currently earning a profit. can farmer lane do anything to increase his profit in the short run? farmer lane: a. cannot do anything to increase his profit. b. may or may not be able to increase his profit. c. can increase his profit by raising his price. d. can increase his profit by producing more output. e. can increase his profit by shutting down.