Why did accumulated depreciation increase during 2008

Reference no: EM131408372

The footnote below was taken from the 2008 annual report of Johnson & Johnson (dollars in millions).

a. Approximately how much did Johnson & Johnson invest in land during 2008?

b. Why did accumulated depreciation increase during 2008?

c. Johnson & Johnson uses the straight-line method of depreciation. If the company used an accelerated method, what effect would that decision have on the balance sheet?

d. What dollar amount appeared on Johnson & Johnson's 2008 balance sheet for property, plant, and equipment?

Reference no: EM131408372

Questions Cloud

Whether the three population proportions could be the same : For three independent samples, each with n 100, the respective sample proportions are 0.30, 0.35, and 0.25. Use the 0.05 level in testing whether the three population proportions could be the same.

What is fair compensation : What is fair compensation? What tests/procedures would you recommend to an organization to determine whether the ways in which they compensate employees is "fair"? Why?

Recruiting for positions : How can organization make sure that they are recruiting for positions that will reach a diverse group of applicants? What source(s) can employers use to recruit?

Could the population proportions be equal for billboards : Using the 0.05 level of significance, and assuming that a random sample of 200 billboards was observed in each city, could the population proportions be equal for billboards advertising alcohol or tobacco products in the three cities?

Why did accumulated depreciation increase during 2008 : Johnson & Johnson uses the straight-line method of depreciation. If the company used an accelerated method, what effect would that decision have on the balance sheet?

Test whether population percentages could be equal : At the 0.05 level, and assuming a sample size of 1000 U.S. households for each year, test whether the population percentages could be equal for these years.

Techniques used to overcome an impasse : Define impasse, mediation, and strike, and explain the techniques used to overcome an impasse.

Orientation for new employees : What does the orientation for new employees look like? What are the training methods for new employees?

How did the study answer or address the hypothesis : Did the study shed light on how to better understand or correct the research problem? Why or why not? How did the study answer or address the hypothesis? If so, was the hypothesis correct? Why or why not

User Account

All Pages