Questions
The cost base of a machine is 100,000 dollars and the machine is expected to be...
The cost base of a machine is 100,000 dollars and the machine is expected to be fully functional for 5 years. The machine will provide a net income of 35,000 dollars in each of the 5 years. The machine will have no value by the end of the 5 year period. For the deprecation calculations, 150% declining balance method will be used. By using the fact that the income tax is 40% and minimum acceptable rate of return after 10% tax, calculate the current value of the machine.
In: Finance
The firm's overall cost of capital that is a blend of the costs of the different...
The firm's overall cost of capital that is a blend of the costs of the different sources of capital. Describe the three possible sources of capital for a firm
In: Finance
Sale of Equipment Equipment was acquired at the beginning of the year at a cost of...
Sale of Equipment Equipment was acquired at the beginning of the year at a cost of $34,000. The equipment was depreciated using the double-declining-balance method based on an estimated useful life of ten years and an estimated residual value of $660. a. What was the depreciation for the first year? b. Assuming the equipment was sold at the end of year 2 for $7,860, determine the gain or loss on the sale of the equipment.
In: Accounting
4. The firm's overall cost of capital that is a blend of the costs of the...
4. The firm's overall cost of capital that is a blend of the costs of the different sources of capital. Describe the three possible sources of capital for a firm.
In: Finance
what is the cost performance index ? what is the Schedule at completion ?
what is the cost performance index ?
what is the Schedule at completion ?
and what is the Estimate at completion ?
Based on your project scenario which has been suggested by you or by your instructor and approved by your instructor, answer the following questions? Project Title : Daycare Mobile Application. Scenario Overview: Our project is a mobile application that called "Daycare" which helps parents and workers to do a lot of things such as: they can find children daycares easily, they can see all the daycares that locate around him/her, they can view pictures of the daycares, they can Contact with any daycare by mobile number, they can find the locations of the daycares, they can rate the daycare. Also, they can make an account, they can sign in as a quest, they can edit profile, they can add comments to any daycare, they can contact with Daycare via direct messages, they can add daycare to favorite list, and they can contact manager to add their Daycare to the application. Therefore, in this Application we will have two different parties: User, and Managers.
In: Accounting
Equipment was acquired at the beginning of the year at a cost of $38,500. The equipment...
Equipment was acquired at the beginning of the year at a cost of $38,500. The equipment was depreciated using the double-declining-balance method based on an estimated useful life of ten years and an estimated residual value of $750.
a. What was the depreciation for the first
year?
$
b. Assuming the equipment was sold at the end
of year 2 for $8,900, determine the gain or loss on the sale of the
equipment.
$ Loss
Feedback
Book value is the asset cost minus accumulated depreciation. In the first year, the balance in the accumulated depreciation account is zero.
Compare the book value to the sale price. If the book value is more than the sale price, the equipment was sold for a loss. If the book value is less than the sale price, the equipment was sold for a gain.
c. Journalize the entry to record the sale. If an amount box does not require an entry, leave it blank.
| Cash | |||
| Accumulated Depreciation-Equipment | |||
| Loss on Sale of Equipment | |||
| Equipment |
In: Accounting
The cost of inspection at various stages of production is an example of a(n)
The cost of inspection at various stages of production is an example of a(n)
prevention cost
appraisal cost
internal failure cost
external failure cost
In: Accounting
Which of the following is likely to be the most expensive cost of quality?
Which of the following is likely to be the most expensive cost of quality?
A) Appraisal costs B) External failure costs C) Internal failure costs D) Prevention costs
In: Computer Science
Which of the following is the cost of quality classification for costs, such as scrap or...
Which of the following is the cost of quality classification for costs, such as scrap or rework, that occur before a product is shipped to a customer?
Group of answer choices
A) Appraisal costs
B) Prevention costs
C) External failure costs
D) Internal failure costs
E) Rework and wastage
PreviousNext
In: Operations Management
Compare and contrast cost accounting vs. financial accounting.
Compare and contrast cost accounting vs. financial accounting.
In: Accounting