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In Year 1, Utica Machinery Company uses the asset from RE11-4 for 7,500 hours. All of these hours are capitalized to an inventory account. Prepare the journal entry to record the depreciation.In RE11-4, Utica Machinery Company purchases an asset for $1,200,000. After the machine has been used for 25,000 hours, the company expects to sell the asset for $150,000. What is the depreciation rate per hour based on activity?
magenta company is considering two new projects each requiring an equipment investment of 90000. each project will last
using the following information regarding actual sales for sams ski supplies calculate the regressionnbsp line sales
This problem belongs to Accounting and Compute the depreciation for the second year under each of the following methods: straight-line, production, and double-declining-balance
why you believe it to be more informative to read about cash flows from customers or cash paid to suppliers than it is
After applying the net operating losses for 2006, 2009 and 2010 to prior years ( if and where permitted), what amount, if any, is available as a net operating loss to be carried forward to future years?
the comparative balance sheets for ashley company as of december 31 are presented below.ashley companycomparative
the design team just decided to save 1500 a month for the next 5 years as a safety net for recessionary periods. the
Micro spinoffs,Inc issued an 20-year-old debt a year ago at par value with a coupon rate of 8 percent, paid annually. Today, the debt is selling at $1050. If the firm is tax bracket is 35 percent, what is its after-tax cost of debt?
maxley markets company sells logo sports merchandise and does custom embroidery. they are trying to decide whether or
a major difference between the financial accounting standards board fasb and its predecessor the accounting principles
internal control procedures are in place to portect the assets of every business as mentioned. of the seven internal
high tension transformers inc. manufactures heavy-duty transformers for electrical switching stations. the company uses
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