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Question - After four years, a machine had an accumulated depreciation of $38,000. The machine originally had an anticipated life of eight years and a salvage value of $5,000. If the current book value after four years is $43,000 and the machine has only two years of usable life left, how much will be depreciated in year five and in year six using the straight-line method of depreciation, and assuming the salvage value is still $5,000? Please show equations, thanks.
Prepare a brief explanation of how the general ledger system works-that is, how it is used, and what information it provides.
There was a favorable materials price variance of $380 and an unfavorable materials quantity variance of $120. Based on these variances, one could conclude that:
A firewall should inspect incoming and outgoing data to limit the passage of unauthorized data flow. Is it possible for a firewall to restrict too much data flow?
Calculate the amount of non-controlling interest to be deducted from consolidated income in the consolidated income statement for 2012
Auditors have come into a department as part of a company-wide audit prior to issuing an audit opinion for the company's financial reports. In a one- to two- page paper (not including the title and reference pages), explain what the staff should e..
Prepare T-accounts showing how the above costs flow through the accounting system. Prepare summary journal entries to record March's transactions
On January 1, 2012, Bonita Industries issued $18000000 of 10% ten-year bonds at 102. The bonds are callable at the option of Bonita at 104.
Taylor Corporation has used a periodic inventory system and the LIFO cost method since its inception in 2006.
1 a project has estimated annual net cash flows of 63000 and is estimated to cost 352800. what is the payback
List the investments it has. Does it use cost basis or equity method of accounting, or both? When do you use the equity method of accounting?
The company's cost of capital is 15%. (Assume that cash flows occur evenly throughout the year.) Compute the cash payback period for each project. (Round answers to 2 decimal places, e.g. 10.50.)
Which of the following is an advantage of creating modular code?
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