An 8-year project is estimated to cost 400000 and have no

Assignment Help Accounting Basics
Reference no: EM13609787

An 8-year project is estimated to cost $400,000 and have no residual value. If the straight-line depreciation method is used and estimated total net income is $80,000, determine the average rate of return.

Reference no: EM13609787

Questions Cloud

Describe qualitatively what happens to the magnitude of the : a ball of mass m is dropped from a cliff. as the ball falls it is subject to air resistance such that the acceleration
Smiley inc is authorized to sell 1000000 shares of 10 par : smiley inc. is authorized to sell 1000000 shares of 10 par value common stock and 50000 shares of 100 par value 6
Check these statements for sea-level conditions calculate : according to a recent article hot-air volumes must be large because air heated to 150 degrees fahrenheit over ambient
A copper bar 25 m long has a circular cross section of : a copper bar 2.5 m long has a circular cross section of radius 2 cm. one end is kept at 80 oc and the other end is kept
An 8-year project is estimated to cost 400000 and have no : an 8-year project is estimated to cost 400000 and have no residual value. if the straight-line depreciation method is
Riggins inc manufactures one product called tybos the : riggins inc. manufactures one product called tybos. the company uses a standard cost system and sells each tybo for 8.
As of december 31 2009 valley company has 16920 cash in its : as of december 31 2009 valley company has 16920 cash in its checking account as well as several other items below bank
If the battery is disconnected and then the plates are : a parallel-plate air capacitor is made from two plates 0.300 square spaced 0.800 apart. it is connected to a 120
The initial temperature of the copper is 60oc and the final : a 16 kg mass of copper is dropped into an insulated tank which contains water at 20oc and 1 bar. the initial

Reviews

Write a Review

Accounting Basics Questions & Answers

  Marian mosely is the owner of mosely accounting services

marian mosely is the owner of mosely accounting services. which accounting principle requires marian to keep her

  Soku company issues 35000 shares of 6 par value common

soku company issues 35000 shares of 6 par value common stock in exchange for land and a building. the land is valued at

  Instructions using the following data complete the

instructions using the following data complete the requirements given below. when you are given amounts to assume as

  A business issued a 30-day 7 note for 150000 to a creditor

a business issued a 30-day 7 note for 150000 to a creditor on account. journalize the entries to record a the issuance

  Accounting cycle-sample financial statements

Collect the 4 main financial statements from credible sources (newspaper, peer-reviewed journals, investor relations, web sites or annual reports. Create a flow chart that illustrates the steps in the accounting cycle.

  Compute the amount of contribution margin

Compute the amount of contribution margin that will be obtained per hour of labor time spent on each product. (Round your intermediate calculations and final answers to 2 decimal places.)

  The company depreciates assets using the straight-line

Assume the states between years are independent, an interest rate of 6%, and state 1 is realized in year 1. Show the balance sheet, income statement, and residual income / goodwill analysis for year 1.

  What is the full cost of the globe

Assume that the quantity demanded at the price calculated in part a is only 600 units. What is the full cost of the globe, and what is the price with a 25 percent markup?

  During the month of april simpson co had cash receipts from

during the month of april simpson co. had cash receipts from customers of 170000. expenses totaled 156000 and accrual

  Given laptop sells for 1000 per unit variable cost per unit

given laptop sells for 1000 per unit. variable cost per unit is 400. monthly fixed costs are 2400000. compute the

  Maziar rebuilt his welding machine with an original cost of

maziar rebuilt his welding machine with an original cost of 12000 no salvage expected on the first day of the fifth

  Recommending a transfer price

Recommend a transfer price and explain your reasons for choosing that price.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd