Reference no: EM132487740
Swanson & Hiller, Inc., purchased a new machine on September 1 of the current year at a cost of $118,000. The machine's estimated useful life at the time of the purchase was five years, and its residual value was $8,000. The company reports on a calendar year basis.
Question a-1. a depreciation schedule, beginning with the current year, using the straight-line method. (Assume that the half-year convention is used).
Question a-2. a depreciation schedule, beginning with the current year, using the 200 percent declining-balance method. (Assume that the half-year convention is used).
Question a-3. What would be the depreciation schedule, beginning with the current year, using the 150 percent declining-balance, switching to straight-line when that maximizes the expense. (Assume that the half-year convention is used).
Question b. Assume that Swanson & Hiller sells the machine on December 31 of the fourth year for $29,500 cash. WHAT IS THE the resulting gain or loss from this sale under each of the depreciation methods used in part a?
|
Risk characteristic of wipro and tata motors
: Here are some historical data on the risk characteristic of Wipro and Tata Motors.
|
|
Determine the unit selling price based on the estimated time
: Determine the unit selling price based on the estimated time to complete the 100th unit if the company wants a profit margin of 10% based on total manufacturing
|
|
What price would its shares be expected to sell
: If the company's equity cost of capital is 12%, what price would its shares be expected to sell for immediately after it pays the dividend?
|
|
Operations Research Finance Assignment
: Operations Research Finance Assignment - Let there be 1000, 10000, 100000 branches. What is the price of the derivative
|
|
What would be the depreciation schedule
: What would be the depreciation schedule, beginning with the current year, using the 150 percent declining-balance, switching to straight-line
|
|
Compute the wacc-shi import-export
: Shi Import-Export's balance sheet shows $300 million in debt, $50 million in preferred stock, and $250 million in total common equity. Shi's tax rate is 25%
|
|
What would plant with similar design be expected to cost now
: increased at an average rate of 6.8% per year for the past ten years, what would a(n) 12,000-scfd plant with a similar design be expected to cost now?
|
|
Kronecker-weber theorem
: According to the Kronecker-Weber theorem and Let K/Q be a finite Galois extension with abelian Galois group prove: ?f ? Z>0 such that for m
|
|
Explain the required level of understanding internal control
: Determine Explain the required level of understanding internal control. Explain how internal control relates to financial statement audit.
|