University Car Wash built a deluxe car wash across the street from campus. The new machines cost $270,000 including installation. The company estimates that the equipment will have a residual value of $24,000. University Car Wash also estimates it will use the machine for six years or about 12,000 total hours.
Actual use per year was as follows:
Year Hours Used
1 3,100
2 1,100
3 1,200
4 2,800
5 2,600
6 1,200
Required:
Prepare a depreciation schedule for six years using the straight-line method. (Do not round your intermediate calculations.)
Answers: 2
Business, 22.06.2019 19:20
Why is following an unrelated diversification strategy especially advantageous in an emerging economy? a. it allows the conglomerate to overcome institutional weaknesses in emerging economies. b. it allows the conglomerate to form a monopoly in emerging economies. c. it allows the conglomerate to use well-defined legal systems in emerging economies. d. it allows the conglomerate to take advantage of strong capital markets in emerging economies.
Answers: 1
Business, 23.06.2019 02:00
Create a list of five action verbs you might use on a job application to describe skills and/or work history. here are some examples: (organized, produced, selected, coordinated, contributed). find five other than the examples.
Answers: 3
Business, 23.06.2019 02:50
Three years ago, stock tek purchased some five-year macrs property for $82,600. today, it is selling this property for $31,500. how much tax will the company owe on this sale if the tax rate is 34 percent? the macrs allowance percentages are as follows, commencing with year 1: 20.00, 32.00, 19.20, 11.52, 11.52, and 5.76 percent.
Answers: 1
University Car Wash built a deluxe car wash across the street from campus. The new machines cost $27...
Advanced Placement (AP), 17.01.2020 01:31
Mathematics, 17.01.2020 01:31
Mathematics, 17.01.2020 01:31
Mathematics, 17.01.2020 01:31
Mathematics, 17.01.2020 01:31
Mathematics, 17.01.2020 01:31
Advanced Placement (AP), 17.01.2020 01:31
Mathematics, 17.01.2020 01:31
Geography, 17.01.2020 01:31
English, 17.01.2020 01:31
Biology, 17.01.2020 01:31