a factory buys a new machine for $11,850. if the machine depreciates by 15% per year...
a factory buys a new machine for $11,850. if the machine depreciates by 15% per year determine the depreciation charge in year 4 ?
A: $1,091.61
Homework Answers
Add Answer to:
a factory buys a new machine for $11,850. if the machine
depreciates by 15% per year...
A firm invests $10 million in a new stamping machine. It depreciates it straight line for...
A firm invests $10 million in a new stamping machine. It depreciates it straight line for tax purposes over 5 years. The tax rate is 30%, inflation is 4% a year, and the discount rate is 8%. What is the PV of the depreciation tax shield? Multiple Choice $600,000. $2,395,626. $2,579,497. $3,000,000.
The factory acquires another embroidery machine with a value of $ 32,000, which depreciates 10% annually,...
The factory acquires another embroidery machine with a value of $ 32,000, which depreciates 10% annually, with a salvage value of $ 10,000.00 how long does the machine have? Explain the formulas you use
On January 2, 2020, Rachel, Inc. purchased a new machine for its factory. The new machine...
On January 2, 2020, Rachel, Inc. purchased a new machine for its factory. The new machine cost $55,000, has an expected useful life of 7 years and an estimated residual value of $5,000. Prepare a depreciation schedule for the new machine using the following depreciation methods: 1) Straight Line (SL) 2) Sum-of-the-Years-Digits (SYD) 3) Declining Balance using twice the straight line rate (DDB) 4) Modified Accelerated Cost Recovery System (MACRS) (5 year asset class)
Suppose a new car is purchased for $46,357 and depreciates by 21% over the first year...
Suppose a new car is purchased for $46,357 and depreciates by 21% over the first year of ownership. If the car is driven 12,570 miles in that year, what is the cost, in dollars, per 100 miles driven, for depreciation?
At the beginning of the fiscal year. Hughes Rental Service buys a new machine for $136,500. The ne has an estimated lif...
At the beginning of the fiscal year. Hughes Rental Service buys a new machine for $136,500. The ne has an estimated life of ten years (870,000 units) and an estimated salvage value of $24,000. Instructions: Using the following three methods, calculate for the first five years depreciation of the machine, the accumulated depreciation at the end of each year, and the ending book value of the machine for each year (round answers to the nearest dollar). Straight-line method Double-declining-balance method...
Machine A costs $64,000 and depreciates on a 10-year schedule. If the Net Fixed Asset value...
Machine A costs $64,000 and depreciates on a 10-year schedule. If the Net Fixed Asset value of Machine A in year 8 will be the same as that of Machine B in year 9 depreciating on a 15-year schedule, what does Machine B cost (i.e., purchase cost)? Multiple Choice $14,000 $32,000 $48,000 $85,333
Question 9 A restaurant purchased a new-brand coffee machine for $1 550 and it depreciates by...
Question 9 A restaurant purchased a new-brand coffee machine for $1 550 and it depreciates by 8 cents for every cup of coffee it makes. a. Write down the recurrence relation which models the depreciation of the coffee machine? b. Write down the rule for the value of the machine after making n cups of coffee? c. Find the value of the coffee machine after 275 cups of coffee are made. d. On average, the coffee machine is used to...
4) Mill Inc. is considering replacing a machine that has been used in its factory for...
4) Mill Inc. is considering replacing a machine that has been used in its factory for four year. Relevant data associated with the operations of the old machine and the new machine, neither of which has any estimated residual value, are as follows: Old Machine Cost of machine, 10-year life Annual depreciation (straight-line) Annual manufacturing costs, excluding depreciation $95,000 11,000 28,000 Annual nonmanufacturing operating expenses Annual revenue Current estimated selling price of machine 8,000 25,000 New Machine Purchase price of...
Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year...
Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $47,500. The machine's useful life is estimated at 10 years, or 405,000 units of product, with a $7,000 salvage value. During its second year, the machine produces 34,500 units of product. Exercise 8-5 Units-of-production depreciation LO P1 Determine the machine's second-year depreciation using the units-of-production method. Units of production Depreciation Choose Denominator: Choose Numerator: Annual Depreciation Expense Depreciation expense per...
Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year...
Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $84,200. The machine's useful life is estimated at 20 years, or 391,000 units of product, with a $6,000 salvage value. During its second year, the machine produces 33,100 units of product. Exercise 10-5 Units-of-production depreciation LO P1 Determine the machine's second-year depreciation using the units-of-production method. Choose Numerator: Units-of-production Depreciation 7 Choose Denominator: = = Annual Depreciation Expense Depreciation expense...
At the beginning of the fiscal year. Hughes Rental Service buys a new machine for $136,500. The ne has an estimated life of ten years (870,000 units) and an estimated salvage value of $24,000. Instructions: Using the following three methods, calculate for the first five years depreciation of the machine, the accumulated depreciation at the end of each year, and the ending book value of the machine for each year (round answers to the nearest dollar). Straight-line method Double-declining-balance method...
4) Mill Inc. is considering replacing a machine that has been used in its factory for four year. Relevant data associated with the operations of the old machine and the new machine, neither of which has any estimated residual value, are as follows: Old Machine Cost of machine, 10-year life Annual depreciation (straight-line) Annual manufacturing costs, excluding depreciation $95,000 11,000 28,000 Annual nonmanufacturing operating expenses Annual revenue Current estimated selling price of machine 8,000 25,000 New Machine Purchase price of...
Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $47,500. The machine's useful life is estimated at 10 years, or 405,000 units of product, with a $7,000 salvage value. During its second year, the machine produces 34,500 units of product. Exercise 8-5 Units-of-production depreciation LO P1 Determine the machine's second-year depreciation using the units-of-production method. Units of production Depreciation Choose Denominator: Choose Numerator: Annual Depreciation Expense Depreciation expense per...
Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $84,200. The machine's useful life is estimated at 20 years, or 391,000 units of product, with a $6,000 salvage value. During its second year, the machine produces 33,100 units of product. Exercise 10-5 Units-of-production depreciation LO P1 Determine the machine's second-year depreciation using the units-of-production method. Choose Numerator: Units-of-production Depreciation 7 Choose Denominator: = = Annual Depreciation Expense Depreciation expense...
Most questions answered within 3 hours.
-
A catfish is 2.5 m below the surface of a smooth lake.
(a) What is the...
asked 5 minutes ago -
In a lottery game, 4 numbers from 1 to 29 are selected. Winners
must match all...
asked 2 minutes ago -
A reading specialist wants to identify third-graders who scored
at the lowest 10% on a standardized...
asked 10 minutes ago -
a swimming pool is 20 ft wide and 40 ft long. The bottom of the
pool...
asked 13 minutes ago -
Prelab Problem: You have a parallel plate capacitor
with circular plates of radius
r = 10.0...
asked 34 minutes ago -
Fine Furniture, Inc. is a furniture manufacturer located in
Norfolk, Virginia. Fine enters into a contract...
asked 32 minutes ago -
Business Ethics
Who are those codes aimed at? Is that believable?
asked 29 minutes ago -
When a black hole of mass M1 merges with a black hole of mass
M2, it...
asked 39 minutes ago -
use
hardy wineberg equation to find equilbrium.
AA 150. Aa 120. aa 90
asked 59 minutes ago -
Why don't law enforcement or prosecutors always investigate
crimes as hate crimes
asked 50 minutes ago -
Describe how Rio Tinto is a main competitor of BHP.
asked 53 minutes ago -
Two children (m = 31.0 kg each) stand opposite each other on the
edge of a...
asked 1 hour ago