How much of a gain or recaptured depreciation is there

Assignment Help Microeconomics
Reference no: EM132167161

Question: A conveyor was purchased for $40,000. Shipping and installation costs were $15,000. It was expected to last 6 years, when it would be sold for $5000 after paying $3000 for dismantling. Instead, it lasted 9 years, and several workers were permitted to take it apart on their own time for reassembly at a private technical school. How much of a gain, loss, or recaptured depreciation is there? Assume:

(a) 7-year MACRS.

(b) Straight-line.

(c) Double-declining balance with switch to straight-line.

(d) SOYD.

Reference no: EM132167161

Questions Cloud

Determine the pw of the depreciation schedule : A small delivery van can be purchased for $14,000. At the end of its useful life (8 years), the van can be sold for $2000. Using the methods listed below.
A program that concatenates two linked list objects : Write a program that concatenates two linked list objects of characters.
Determine the units-of-production depreciation schedule : During the construction of a highway bypass, earthmoving equipment costing $40,000 was purchased for use in transporting fill from the borrow pit.
What is the probability that the sample proportion : If a sample of size 262 is selected, what is the probability that the sample proportion will differ from the population proportion by less than 5%?
How much of a gain or recaptured depreciation is there : A conveyor was purchased for $40,000. Shipping and installation costs were $15,000. It was expected to last 6 years, when it would be sold for $5000.
Write an app that allows users to process orders for fuzzy : Provide CheckBoxes for selecting the fuzzy-dice color and TextBoxes for inputting the quantities of fuzzy dice to order.
Write a split tester : Using C# Write a Split tester. It will be a windows application with 3 text boxes. I
Chi-square test of independence : In a chi-square test of independence, the degrees of freedom for a table with 6 rows and 5 columns will be?
Write a program that asks the user for a file name : Write a program that asks the user for a file name and a string to search for. The program should search the file for every occurrence of a specified string.

Reviews

Write a Review

Microeconomics Questions & Answers

  Patient protection and affordable care act

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 ..

  Demand for health insurance-elastic or inelastic

How would you characterize your demand for health insurance -- elastic or inelastic? Does the price elasticity of health insurance vary with age, ethnicity, gender, etc.? Does it vary depending on the type of medical procedure needed? If a doctor fac..

  Percent of money in reserves

While Jon is walking to school one morning, a helicopter flying overhead drops a $100 bill. Not knowing how to return it, Jon keeps the money and deposits it in his bank. (No one in this economy holds currency.) If the bank keeps 5 percent of its mon..

  Find dollar value waste-end charge that restore efficiency

Algebraically solve for the competitive and socially optimal price and quantity combina- tions. Quantify the extent of the resource mis- allocation associated with the competitive solution.

  The policies of the federal government influence the

the policies of the federal government influence the outcomes of the various activities in that economy. when

  Monocultural econom

Currently monocultural economy as agricultural sector is neglected the country is also blessed with super abundance human and material resources.

  Which is an example of the law of diminishing returns

a company has sales of $30 million. A million dollar advertising campaign increases sales $10 million to $40 million, but a two million-dollar campaign raises them $15 million to $45 million. Which of the following can U.S authorities NOT do to con..

  What is the capitalized cost of the bridge

A newly constructed bridge costs $15,000,000. The same bridge is estimated to need renovation every 15 years at a cost of $3,000,000. Annual repairs and maintenance are estimated to be $1,000,000 per year. (a) If the interest rate is 5%, determine th..

  If electricity can be bought for costs of 010 per kwh how

a university spent 1.8 million to install solar panels atop a parking garage. these panels will have a capacity of

  Analyze the economy of at least two countries

How do the economies of the countries you selected compare to the U.S. - Is either of the selected countries still in an agrarian phase of economic development? An industrial phase? Explain.

  Identify the fallacy or mistake in thinking

(Pitfalls of Economic Analysis) Review the discussion of pit- falls in economic thinking in this chapter.Then identify the fallacy or mistake in thinking in each of the following statements: Raising taxes will always increase government..

  Planning phase of the management process

How do managers use the concept of cost-benefit during the planning phase of the management process and how do managers use the concept of cost-benefit during the performing stage of the management process?

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