Five years after purchase a computer has a scrap value of $300. Given a depreciation rate...
Five years after purchase a computer has a scrap value of $300. Given a depreciation rate of 20% calculate the value of computer when it was originally bought 5 years ago.
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Five years after purchase a computer has a scrap value of $300.
Given a depreciation rate...
ASAP 4. Five years after purchase a computer has a scrap value of $300. Given a...
ASAP
4. Five years after purchase a computer has a scrap value of $300. Given a depreciation rate of 20% calculate the value of computer when it was originally bought 5 years ago.
32 only What are the three depreciation expenses given the following information BUILDING- COMPUTER EQUIP- OFFICE...
32 only What are the three depreciation
expenses given the following information
BUILDING-
COMPUTER EQUIP-
OFFICE EQUIP-
Transaction Description of transaction 01. June 1: Byte of Accounting, Inc. issued 2,620 shares of its common stock to Jeremy after $29,960 in cash and computer equipment with a fair market value of $43,400 were received. 02. June 1: Byte of Accounting, Inc. issued 2,122 shares of its common stock after acquiring from Courtney $43,400 in cash, computer equipment with a fair market...
Our new computer system cost us $100,000. We will outgrow it in five years. When we...
Our new computer system cost us $100,000. We will outgrow it in five years. When we sell it, we will probably get only 20% of the purchase price. CCA on the computer will be calculated at a 30% rate (Class 10). Calculate the CCA and UCC values for five years. (Round the final answers to 2 decimal places. Omit $ sign in your response.) Year CCA Ending UCC 1 $ $ 2 $ $ 3 $ $ 4 $ $...
7 A machine costing $200 000 has effective life of 7 years and its scrap value...
7 A machine costing $200 000 has effective life of 7 years and its scrap value is $30000. What amount should the company deposit annually into a sinking fund earning 5% per annum so that it can replace the machine after its useful life? Assume that a new machine will cost $300 000 after 7 years.
solution and answer to all the posted problems complete solution 186 p7-06 N. A dump ap 15 years was replaced The...
solution and answer to all the posted problems
complete solution
186 p7-06 N. A dump ap 15 years was replaced The equip sold now tion met a) DEPRECIATION AND DEPLETION 7-20 SUPPLEMENTARY PROBLEMS 27-01 (RCE Board, August 1975) You are planning to sell your electronic manufact originally costing P250,000 when it was put 1 Some equipment originally costing F10,000 was e years ago with new equipment Couting 715,000. installed 10 years ago has now depreciated by 27.5 depreciation of the...
3. An engineering freshman wants to purchase a laptop computer for use during the 5 years...
3. An engineering freshman wants to purchase a laptop computer for use during the 5 years that she plans to study engineering at Louisiana Tech University. After looking around a bit, she finds that a well-equipped laptop with software can be purchased for $2,000 and that it should have a market value of approximately $300 if she wants to sell it when she graduates after 5 years. Assume that maintenance and supplies will cost $100 each six months. Use an...
A machine costing $50 000 has an estimated useful lifetime of 20 years and a scrap...
A machine costing $50 000 has an estimated useful lifetime of 20 years and a scrap value of $2000 at that time. Determine the accumulated depreciation and the book value of this asset at the end of 9 years along with the depreciation expense for the 9th year, using (a) the straight line method (b) the constant percentage method (you must calculate d)
Five years ago, Cookie Limited issued a bond with 15% coupon rate, semi-annual coupon payments, $1000...
Five years ago, Cookie Limited issued a bond with 15% coupon rate, semi-annual coupon payments, $1000 face value and 15 years until maturity. If you bought this bond 4 years ago (right after the bond made its coupon payment) when the YTM was 11%, how much did you pay for the bond? Please do not use excel or a financial calculator and show formulas.
A company bought an equipment fo 1 million 9 years ago. It uses straightline depreciation for...
A company bought an equipment fo 1 million 9 years ago. It uses straightline depreciation for 10 years to book value 0 after 10 years. If the company liquidates the equipment after 9 years and sold it for 80,000, with tax rate 20%, what's the after tax cash flow?
Problem #3 (a) Using straight-line depreciation, what is the book value after 5 years for an...
Problem #3 (a) Using straight-line depreciation, what is the book value after 5 years for an asset costing $100,000 that has a salvage value of 20,000 after 10 years? What is the depreciation charge in the 9th year? (b) Using decline-balance depreciation with d=15%, what is the book value after 4 years for an asset costing $250,000? What is the depreciation charge in the 5th year? (c) What is the depreciation rate using declining-balance for an asset costing $250,000 and...
ASAP
4. Five years after purchase a computer has a scrap value of $300. Given a depreciation rate of 20% calculate the value of computer when it was originally bought 5 years ago.
32 only What are the three depreciation
expenses given the following information
BUILDING-
COMPUTER EQUIP-
OFFICE EQUIP-
Transaction Description of transaction 01. June 1: Byte of Accounting, Inc. issued 2,620 shares of its common stock to Jeremy after $29,960 in cash and computer equipment with a fair market value of $43,400 were received. 02. June 1: Byte of Accounting, Inc. issued 2,122 shares of its common stock after acquiring from Courtney $43,400 in cash, computer equipment with a fair market...
solution and answer to all the posted problems
complete solution
186 p7-06 N. A dump ap 15 years was replaced The equip sold now tion met a) DEPRECIATION AND DEPLETION 7-20 SUPPLEMENTARY PROBLEMS 27-01 (RCE Board, August 1975) You are planning to sell your electronic manufact originally costing P250,000 when it was put 1 Some equipment originally costing F10,000 was e years ago with new equipment Couting 715,000. installed 10 years ago has now depreciated by 27.5 depreciation of the...
3. An engineering freshman wants to purchase a laptop computer for use during the 5 years that she plans to study engineering at Louisiana Tech University. After looking around a bit, she finds that a well-equipped laptop with software can be purchased for $2,000 and that it should have a market value of approximately $300 if she wants to sell it when she graduates after 5 years. Assume that maintenance and supplies will cost $100 each six months. Use an...
Problem #3 (a) Using straight-line depreciation, what is the book value after 5 years for an asset costing $100,000 that has a salvage value of 20,000 after 10 years? What is the depreciation charge in the 9th year? (b) Using decline-balance depreciation with d=15%, what is the book value after 4 years for an asset costing $250,000? What is the depreciation charge in the 5th year? (c) What is the depreciation rate using declining-balance for an asset costing $250,000 and...
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