Afactory machine was purchased for $75,000 on january 1, 2008. it was estimated that it would have a $15,000 salvage value at the end of its 5-year useful life. it was also estimated that the machine would be run 40,000 hours in the 5 years. the company ran the machine for 4,000 actual hours in 2008. if the company uses the units-of-activity method of depreciation, the amount of depreciation expense for 2008 would

Rossdale co. stock currently sells for $68.91 per share and has a beta of 0.88. the market risk premium is 7.10 percent and the risk-free rate is 2.91 percent annually. the company just paid a dividend of $3.57 per share, which it has pledged to increase at an annual rate of 3.25 percent indefinitely. what is your best estimate of the company's cost of equity?

Record the journal entry for the provision for uncollectible accounts under each of the following independent assumptions: a. the allowance for doubtful accounts before adjustment has a credit balance of $500. b. the allowance for doubtful accounts before adjustment has a debit balance of $250. c. assume that octoberʼs credit sales were $70,000. uncollectible accounts expense is estimated at 2% of sales. smith, gaylord n.. excel applications for accounting principles (p. 51). cengage textbook. kindle edition.

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