Contribute to the decline in usefulness of operating assets

Assignment Help Financial Accounting
Reference no: EM13787985

What factors may contribute to the decline in usefulness of operating assets? Should the choice of depreciation method be related to these factors? Must a company choose just one method of depreciation for all assets? Explain

Reference no: EM13787985

Questions Cloud

Declared dividends during the current year : The current year’s cash dividend on the 6 percent, $100 par value preferred stock. 100,000 shares were outstanding at the time of the declaration. A cash dividend of $0.75 per share on the $10 par value common stock. 750,000 shares were outstanding a..
The divisions return on investment : ABC Products is a division of a major corporation. Last year the division had total sales of $21,300,000, net operating income of $575,100, and average operating assets of $5,000,000. The company's minimum required rate of return is 12%. The division..
What is the weighted-average unit contribution margin : Markowis Corporation sells three different models of mosquito zapper. Model A12 sells for $59 and has variable costs of $43. Model B22 sells for $103 and has variable costs of $75. Model C124 sells for $402 and has variable costs of $311. The sales m..
Consider the balanced score card approach to making money : An older gentlemen let’s call him Horatio decided he was getting too old to work in the local car wash. He had been working at this one for twenty years. He knew a lot about car wash operations. Consider the balanced score card approach to making mon..
Contribute to the decline in usefulness of operating assets : What factors may contribute to the decline in usefulness of operating assets? Should the choice of depreciation method be related to these factors? Must a company choose just one method of depreciation for all assets? Explain
Interested in seeing how the money grow : Gen is interested in seeing how the money grows. Her mom suggests that she takes the money in her piggy bank and deposits it in a local bank paying 8.5% compounded quarterly. IF she finds $700 in the piggy bank, how much will it grow to in 10 years?
Net credit sales-cost of goods sold-accounts receivable : Compute the number of days' sales in receivables for 2X10 and 2X09 for each company assuming 365 days in a year. Analyze each company in accordance with a 45-day credit policy.
Effective interest method of discount-premium amortization : Wentz Catering acquired a $300,000 15-year, 10% callable bond on January 1, 20X9, for cash of $258,702. The bond was acquired at a price to yield 12%. The bond pays interest every June 30 and December 31. On December 31, 20X9, after interest had been..
Additional paid-in capital-total stockholders equity : Jonee, Inc. declared a 25% common stock dividend July 12, when the market value of the stock was $25 and a 30% preferred stock dividend July 13, when the market value of the stock was $50. Both stock dividends will be distributed on August 31, 2X09. ..

Reviews

Write a Review

Financial Accounting Questions & Answers

  Illustrate what is the company return on common stockholde

Carrier Company reported net income of $360,000 and paid dividends of $30,000 on its preferred stock during the current year. Illustrate w hat is the company's return on common stockholders' equity for the year?

  Determination of taxable amount

How much of the current E & P is allocated to Larry’s distribution? How much of the current E & P is allocated to Ed’s distribution? How much of the $450,000 distribution is taxed as dividend income to Larry? How much of the $150,000 distribution is ..

  Compute net cash provided by operating activities

Compute net cash provided by operating activities using the indirect method assuming that net income is $180,980.

  Would you advise switching to this alternative plan

All of the costs ofgoods sold are variable, 50 pereent ofthe marketing and distribution costs are variable, and 40 percent ofthe administration costs are variable.

  Question one of sun appliances merchandises is a dishwasher

question one of sun appliances merchandises is a dishwasher. two processing departments are added in the dishwashers

  Explain the reasons for the negative cash balance

Prepare a short report for Mr. Banner to explain the reasons for the negative cash balance at the end of the previous year and other operating problems. To support your points, you may use a statement of cash flows and relevant financial ratios.

  What are tax consequences to justin for these expenditure

legal and accounting fees to set the business up and $9,000 for staff training. What are the tax consequences to Justin for these expenditures when the restaurant opens in July? For Rachel?

  Generates a substantial loss for the company

The appropriate value for the stag horn buttons inventory in total and per 100 buttons- show calculations to justify your answer.

  Why do you think home depot is paying out

If you were an investor in Home Depot ’ s stock, would you be unhappy because your dividends represented such a small percentage of the company’s net income? Why do you think Home Depot is paying out?

  What salvage value would autoquest need to receive

What annual cash inflow from the new online sales would be necessary for the lease option to be financially acceptable? Assume a 12% discount rate.

  Illustrate what are ed and his widow gross income

After Ed's death, his former employer paid Ed's widow $12,000 in "her time of need." Ed's widow also collect $25,000 on a group term insurance policy paid for by Ed's employer. Illustrate what are Ed's and his widow's gross income?

  Production budget vitapup gives a vitamin-enhanced dog food

production budget vitapup gives a vitamin-enhanced dog food that is sold in kansas. the company expects sales to be

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