User Account

All Pages

What is the amount of depreciation

Assignment Help Accounting Basics
Reference no: EM131773137

Question - What is the amount of depreciation, using the double-declining-balance method, for the third year of use for equipment costing $9,000, with an estimated residual value of $600 and an estimated life of three years?

1. $6,000

2. $400

3. $3,000

4. $667

5. $2,000

Reference no: EM131773137

Questions Cloud

What is the controlling interest in consolidated net income : Keefe, Inc., a calendar-year corporation, acquires 70% of George Company on September 1, 2009. What is the controlling interest in consolidated net income
Evaluate a major financial decision you have made recently : Evaluate a major financial decision you have made recently or are considering. (ie buy vs lease car, educational degree, buy vs rent apartment).
Average traffic volume to protect a highway section : Catchment basins are used to protect residential areas and highways from mud slides. A mudslide basin has a capacity of C, which is a random variable.
Prepare the journal entries wood recorded : Prepare the journal entries Wood recorded during 20X4 with regard to its investment in Carter bonds
What is the amount of depreciation : What is the amount of depreciation, using the double-declining-balance method, for the third year of use for equipment costing $9,000
Challenges of implementing strategy : What are the keys to and challenges of implementing strategy?
Prepare the consolidated balance sheet in good form : Complete the consolidation worksheet, Prepare the consolidated balance sheet in good form
Current trends of corporate social responsibility : Please explain the current trends of corporate social responsibility, sustainability, and business ethics affecting Campbell's Soup Company?
What is the difference between roi and roce ratios : What is the difference between ROI and ROCE ratios? Summarize the IASB's Framework for the Preparation and Presentation of Financial Statements.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd