Business, 06.09.2019 18:10 casaescuelarios

On january 1, 2018, mchenry manufacturing corporation purchased a machine for $40,600,000. mchenry's management expects to use the machine for 26,000 hours over the next six years. the estimated residual value of the machine at the end of the sixth year is $45,000. the machine was used for 3,700 hours in 2018 and 5,200 hours in 2019. calculate the book value of the machine at the end of 2019 if the company uses the units-of-production method of depreciation. (round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 17:00

Which basic economic questions deals with the issue of how the incomeof people in various occupations is determined

Answers: 1

Answer

Business, 21.06.2019 20:30

Resources that are valuable but not rare can be categorized asanswers: organizational weaknesses.distinctive competencies.organizational strengths.complementary resources and capabilities.

Answers: 1

Answer

Business, 22.06.2019 10:50

You are evaluating two different silicon wafer milling machines. the techron i costs $285,000, has a three-year life, and has pretax operating costs of $78,000 per year. the techron ii costs $495,000, has a five-year life, and has pretax operating costs of $45,000 per year. for both milling machines, use straight-line depreciation to zero over the project’s life and assume a salvage value of $55,000. if your tax rate is 24 percent and your discount rate is 11 percent, compute the eac for both machines.

Answers: 3

Answer

Business, 22.06.2019 16:10

Omnidata uses the annualized income method to determine its quarterly federal income tax payments. it had $100,000, $50,000, and $90,000 of taxable income for the first, second, and third quarters, respectively ($240,000 in total through the first three quarters). what is omnidata's annual estimated taxable income for purposes of calculating the third quarter estimated payment?

Answers: 1

Answer

You know the right answer?

On january 1, 2018, mchenry manufacturing corporation purchased a machine for $40,600,000. mchenry's...

Questions