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4. Five years after purchase a computer has a scrap value of $300. Given a...
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.
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...
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...
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)
After 4 years of use, Company A has decided to replace a capital equipment. Cash flow...
After 4 years of use, Company A has decided to replace a capital equipment. Cash flow data is listed in $1000 unit, MACRS 3-year depreciation was used. After tax MARR is 10% per year compounded monthly, Tax rate is 35%. Year 0 1 2 3 4 Purchase 1900 Gross Income 800 900 600 300 Expenses 100 150 200 250 Salvage 700 Utilize the CFBT value to determine if the cash flow over 4 years exceeded MARR. Calculate MACRS depreciation and...
As part of your financial planning, you wish to purchase a new car five years from...
As part of your financial planning, you wish to purchase a new car five years from today. As of today, the car costs $14000, and the bank has agreed to provide loans. Consider the following situations to estimate the actual cost of the vehicle: 1. Calculate the price of the car after five years if the interest rate for every six months is 3% and compounded monthly. 2. Estimate the value of the vehicle after five years if the quarterly...
A machine costs $120,000 today and has an estimated scrap cash value of $20,000 after ten...
A machine costs $120,000 today and has an estimated scrap cash value of $20,000 after ten years. Inflation is 6% per year The effective annual interest rate earned on money invested is 4%. How much money needs to be set aside each year to replace the machine with an identical model ten years from now? Select one: O a. $16,855 O b. $17,700 O C. $17,925 d. $16,235
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...
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...
A machine costs $120,000 today and has an estimated scrap cash value of $20,000 after ten years. Inflation is 6% per year The effective annual interest rate earned on money invested is 4%. How much money needs to be set aside each year to replace the machine with an identical model ten years from now? Select one: O a. $16,855 O b. $17,700 O C. $17,925 d. $16,235
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