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1. A company purchased a truck on March 1, 2007 at a cost of $70,000. The truck had an estimated useful life of 5 years and an estimated salvage value of $10,000. The company uses the straight-line method of depreciation. Determine the book value of the truck on December 31, 2011.
2. A company acquired equipment on April 1, 2010 for $160,000. The company estimates the useful life for the equipment is 400,000 units and the estimated salvage value is $60,000. If the company uses the units-of-activity method of depreciation, calculate the depreciation expense for 2010 if 8,000 units are produced.
3. A company purchased factory equipment for $150,000. It is estimated that the equipment will have a $30,000 salvage value at the end of its estimated 5-year useful life. If the company uses the double-declining-balance method of depreciation, calculate the amount of annual depreciation recorded for the third year after purchase
What was the cost of raw materials put into production during the year? How much of the materials in (1) above consisted of indirect materials?
How much higher or lower would Penske's earnings before taxes have been in 2010 if its gross margin percentage had been the same as it was in 2009? Show all supporting computations.
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Technology Management Paper Prepare a 700 word paper identifying at least three challenges to either employee or customer retention that managers are likely to face due to changes in technology, and describe how you would address each challenge in..
1.The following financial statements and additional information are reported.
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Access the March 30, 2012 filing of the 10-K report (for year ending December 31, 2011) of Mendocino Brewing Company, Inc., at www.sec.gov.
roseville medical manufactures a single product called the gripper. under the direction of physiotherapists patients
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