Business, 18.11.2019 23:31 Dianar8407
Renewable energies, inc. (rei) paid $100,000 to purchase a windmill. the windmill was expected to have an 8 year useful life and a $20,000 salvage value. at the beginning of the fifth year of operation, rei changed the estimated useful life from 8 years to 14 years. assuming the company uses the straight-line method, the amount of accumulated depreciation on the year 6 balance sheet would be? ?
q2: renewable energies, inc. (rei) paid $100,000 to purchase a windmill. the windmill was expected to have an 8 year useful life and a $20,000 salvage value. at the beginning of the fifth year of operation, rei changed the estimated useful life from 8 years to 14 years. assuming the company uses the straight-line method, the amount of accumulated depreciation on the year 6 balance sheet would be? ?
q3: renewable energies, inc. (rei) paid $100,000 to purchase a windmill. the windmill was expected to have an 8 year useful life and a $20,000 salvage value. at the beginning of the fifth year of operation rei changed the estimated salvage to $28,000. assuming the company uses the straight-line method, the amount of accumulated depreciation on the year 6 balance sheet would be
q4: true or false: all costs associated with a machine after it is operational are expensed in the period they are incurred. this statement is
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Business, 22.06.2019 16:00
Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?
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Happy foods and general grains both produce similar puffed rice breakfast cereals. for both companies, thecost of producing a box of cereal is 45 cents, and it is not possible for either company to lower their productioncosts any further. how can one company achieve a competitive advantage over the other?
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Renewable energies, inc. (rei) paid $100,000 to purchase a windmill. the windmill was expected to ha...
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