Emir company purchased equipment that cost $110,000 cash on january 1, year 1. the equipment had an expected useful life of six years and an estimated salvage value of $8,000. assuming that emir depreciates its assets under the straight-line method, the amount of depreciation expense appearing on the year 4 income statement and the amount of accumulated depreciation appearing on the december 31, year 4, balance sheet would be:

depreciation expense accumulated depreciation
a. $ 17,000 $ 17,000
b. $ 17,000 $ 68,000
c. $ 68,000 $ 17,000
d. $ 17,000 $ 51,000
multiple choice

option a

option b

option c

option d

The following accounts are denominated in pesos as of december 31, 2015. for reporting purposes, these amounts need to be stated in u.s. dollars. for each balance, indicate the exchange rate that would be used if a translation is made under the current rate method. then, again for each account, provide the exchange rate that would be necessary if a remeasurement is being made using the temporal method. the company was started in 2000. the buildings were acquired in 2002 and the patents in 2003. (round your answers to 2 decimal places.) exchange rates for 1 peso are as follows: 2000 1 peso = $ 0.28 2002 1 = 0.26 2003 1 = 0.25 january 1, 2015 1 = 0.24 april 1, 2015 1 = 0.23 july 1, 2015 1 = 0.22 october 1, 2015 1 = 0.20 december 31, 2015 1 = 0.16 average for 2015 1 = 0.19

How does the plaintiff, mrs. wood, try to implicate the gun manufacturer ( who testifies, what do they say, what evidence is introduced)?

In early january, burger mania acquired 100% of the common stock of the crispy taco restaurant chain. the purchase price allocation included the following items: $4 million, patent; $3 million, trademark considered to have an indefinite useful life; and $5 million, goodwill. burger mania's policy is to amortize intangible assets with finite useful lives using the straight-line method, no residual value, and a five-year service life. what is the total amount of amortization expense that would appear in burger mania's income statement for the first year ended december 31 related to these items?