Straight line method-what annual depreciation on computer

Assignment Help Business Economics
Reference no: EM13830399

1. A new computer has a 4 year life span with an initial cost of $1,200 and a $200 salvage value. According to the straight-line depreciation method, what would the annual depreciation on the computer be?

2. A piece of equipment have an initial cost of $18,000 and an expected life of 3 years. At the end of year one, the piece of equipment is worth $17,000 and at the end of year two; it has a value of $15,000. And finally, at the end of the third and final year the salvage value is equal to $11,000. Applying the straight-line depreciation method, calculate the annual depreciation expense of the equipment.

3. You buy a used Tesla Model S for $30,000. It is depreciated over 6 years using the straight line method. The salvage value will be $8000. According to the straight line method, what is the book value at the end of year three?

4. An investment in machinery has an initial cost of $45,000, but after 4 years the salvage value is only $5,000. Use SOYD to calculate the accumulated depreciation after 4 years of use.

5. Using the same setup as problem 4, calculate the depreciation in year 2 using SOYD.

6. If an asset costs $15,000 and after 3 years the salvage value is $2,000, what is the book value at the end of year 2 using SOYD?

Reference no: EM13830399

Questions Cloud

Dynamics between the government budget and the debt ceiling : Several organizations and individuals – usually advocates of a balanced budget – maintain National Debt Clock. Is national debt a worry for the economy? Economists do not agree on the answer to this question. How did the 1974 Congressional Budget Act..
Monopolists typically prefer not to segment markets : If the Bill and Melinda Gates Foundation were to buy out and destroy the patent for Combivir, which of the following would NOT be one of the effects? Monopolists typically prefer not to segment markets.
Difference between industry view and resource view : Explain the difference between the Industry (external) view and the Resource (internal) view of sustainable competitive advantage. Make sure you explain Porter’s Five Forces model and the resources and capabilities emphasized by the Resource Based Vi..
What is the book value at the end of year using SOYD : If an asset costs $15,000 and after 3 years the salvage value is $2,000, what is the book value at the end of year 2 using SOYD? What does MACRS stand for? A new motorcycle costs $4,000 and has a lifespan of 10 years. The salvage value is $500. Using..
Straight line method-what annual depreciation on computer : A new computer has a 4 year life span with an initial cost of $1,200 and a $200 salvage value. According to the straight-line depreciation method, what would the annual depreciation on the computer be? You buy a used Tesla Model S for $30,000. It is ..
Chapter of technological change that has caused unemployment : Supposed that two nation start out in 2013 with identical levels of output per work hour – say, $100 per hour. In the first nation, labor productivity grows by 1 percent per year. What are some examples, other than those given in the chapter of techn..
Respect to ethical practices and social responsibility : "When in Rome, do as the Romans do". Would this be a suitable guideline for MNC's (multinational corporations) doing business in developing countries with respect to ethical practices and social responsibility? Discuss.
How much money will accumulate in five years : How much money will accumulate in five years if monthly deposits of $1,000 are made every month (except for month 15, where no deposit is made) if interest =3% per month? Show all your work
Advantages of major server operating systems : Implement the skills and knowledge gained through the course - How should the contents be organised?

Reviews

Write a Review

Business Economics Questions & Answers

  Banning the Big Gulp-what are their stakes

Who are the stakeholders in this case, and what are their stakes? The ban received approval from the New York City Board of Health, but a state Supreme Court judge subsequently halted it. Mayor Bloomberg vowed to appeal. Irrespective of the legal wra..

  Car companies will buy a latest car assembly machine

Elucidate how many car companies will buy a latest car assembly machine. Interest payments are made once a year.

  What you do whenit is perfectly firm

what should you do when the manager of a perfectly competitive firm whose short run cost is TC = 100 + 160Q + 3Q2. If the market price is $196.

  Political campaign manager must decide whether to emphasize

A political campaign manager must decide whether to emphasize television advertisements or letters to potential voters in a reelection campaign.

  Adapt and learn-discourages disagreeing

What happens to an organization when it does not “adapt and learn”? Bureaucracy undermines “new thinking”, discourages disagreeing, misallocates power, it is an enemy of “resilience”, the government, will “stall” if it does not “adapt and learn”.

  Potential entrant to pay a sunk cost

There is a potential entrant, who needs to pay a sunk cost of f to enter in this market. Firms may produce any quantity that does not exceed its capacity.

  What was the primary purpose of these new programs

What additional programs did the Fed create and implement to facilitate its role as leader of last resort? What was the primary purpose of these new programs?

  Your first assignment as an engineering technology graduate

your first assignment as an engineering technology graduate from the university of houston downtown is to recommend to

  Illustrate relationship exists and how might a manager use

Illustrate what relationship exists and how might a business manager use this information to increase their profits.

  Reduce output so that average total costs would decline

A farmer is producing where MC = MR. Say that half of the cost of producing wheat is the rental cost of land (a fixed cost) and half is the cost of labor and machines (a variable cost). In the short run, the farmer should shut down because he is maki..

  Q1 assume that the autarky charge of commodity x is 10 in

q1. assume that the autarky charge of commodity x is 10 in nation a 8 in nation b as well as 6 in nation c as well as

  Why do you think this price control exists

Identify an instance where a price control is used in our markets. Why do you think this price control exists? Also discuss the possible negative effects it may have on the market

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