Business, 22.05.2020 06:59 tagerryawilson6
A company purchases office furniture on January 1, 2102 for $28,000. Depreciation is charged at 10 percent per annum using the declining balance method. What will the book value of the asset on December 31, 2013?
a.22,680
b.22,400
c.22,000
d.5,600
Answers: 2
Business, 22.06.2019 21:00
Sue peters is the controller at vroom, a car dealership. dale miller recently has been hired as the bookkeeper. dale wanted to attend a class in excel spreadsheets, so sue temporarily took over dale's duties, including overseeing a fund used for gas purchases before test drives. sue found a shortage in the fund and confronted dale when he returned to work. dale admitted that he occasionally uses the fund to pay for his own gas. sue estimated the shortage at $450. what should sue do?
Answers: 3
Business, 22.06.2019 22:30
Luggage world buys briefcases with an invoice date of september 28. the terms of sale are 2/10 eom. what is the net date for this invoice
Answers: 1
Business, 22.06.2019 22:50
For 2016, gourmet kitchen products reported $22 million of sales and $19 million of operating costs (including depreciation). the company has $15 million of total invested capital. its after-tax cost of capital is 10%, and its federal-plus-state income tax rate was 36%. what was the firm’s economic value added (eva), that is, how much value did management add to stockholders’ wealth during 2016?
Answers: 1
A company purchases office furniture on January 1, 2102 for $28,000. Depreciation is charged at 10 p...
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