1.   The data below refers to packaging equipment, bought on Jan/02/2018:

Calculate the following:

1. The amount of depreciation for the year 2018 using the straight line method.

2. The depreciation for 2018 using the hours of operation depreciation method (same as the units of production method), knowing that the machine worked 4,300 hours during that year.

3. Create a depreciation schedule (table) for all years, using the double declining  

      method. Do not depreciate below the residual value.

4. Create a depreciation schedule for all years, using the sum of the years   

      method.

1.

(a) Public health authorities want to estimate the proportion of Australians aged 18-65 who
caught the flu during winter 2018. If the true proportion is thought to be about 24%, how
large a sample will be needed if we want to be 95% sure that our estimate will be within
0.02 of the true value?

(b) Due to a change in the available funding, the sample actually used for estimating the
prevalence of flu included 1,712 randomly-selected Australians aged 18-65. Of these, 367
reported having a “flu-like illness” during winter 2018. Use these data to calculate a 90%
confidence interval for the proportion of Australians aged 18-65 who had a flu-like illness
during winter 2018.

Below are some data from the land of milk and honey

a. compute nominal GDP, real GDP, and the GDP deflator for each year, using 2016 as the base year

b. compute the percentage change in nominal GDP, real GDP, and the GDP deflator in 2017 and 2018 from the preceding year. For each year, identify the variable that does not change. Explain why your answer makes sense.

c. Did economic well-being increase more in 2017 or 2018, explain

Required information Tracy Company, a manufacturer of air conditioners, sold 125 units to Thomas Company on November 17, 2018. The units have a list price of $720 each, but Thomas was given a 30% trade discount. The terms of the sale were 2/10, n/30. rev: 10_05_2017_QC_CS-103518 Required: 1. Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on November 26, 2018, assuming that the gross method of accounting for cash discounts is used. 2. Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on December 15, 2018, assuming that the gross method of accounting for cash discounts is used.

Required information Tracy Company, a manufacturer of air conditioners, sold 125 units to Thomas Company on November 17, 2018. The units have a list price of $720 each, but Thomas was given a 30% trade discount. The terms of the sale were 2/10, n/30. rev: 10_05_2017_QC_CS-103518 3-a. Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on November 26, 2018, assuming that the net method of accounting for cash discounts is used. 3-b. Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on December 15, 2018, assuming that the net method of accounting for cash discounts is used.

Use the macroeconomic data in the table below for the US economy for 2017 and 2018 to answer the questions followed.

2017 2018*

19,390.6 17,096.2 - ? - 4.4 245.12 -

19,956.8 17,379.7 ? ? ? 3.9 250.5 ?

* Estimated data from 2017 data, but very close. Sources: www.bea.gov and www.bls.gov 5a. Estimate the values and fill out the boxes with Questions marks. 5 pts

5b. Based on your estimated values from Q5a, briefly analyze the state of the US economy from year 2017 to 2018 and make a quick forecast for 2019 and 2020.

Presented below is information related to equipment owned by ACtiv Company on December 31, 2018.

                        Cost                                                               €10,000,000

                        Accumulated depreciation to date                  2,500,000

                        Value-in-use                                                   6,000,000

                        Fair value less the cost of disposal 5,400,000

Assume that ACtiv will continue to use this asset in the future. As of December 31, 2018, the equipment has a remaining useful of 4 years.

Instructions

(a)      Prepare the journal entry (if any) to record the impairment of the asset at December 31, 2018.

(b)      Prepare the journal entry to record depreciation expense for 2019.

(c)      The recoverable amount of the equipment on December 31, 2019, is €5,250,000. Prepare the journal entry (if any) necessary to record this increase.

please i need this question quickly

Habiby, Inc., began operations in 2017 and has the following income and expenses for 2017 through 2020.

Refer to the Corporate Tax Rate Schedule table to answer the following questions.

a. What is the amount of tax that Habiby should pay each year? If an amount is zero, enter "0".

b. How much would Habiby have paid in tax if the old NOL rules were in place but the corporate tax rate was 21 percent?. If an amount is zero, enter "0".

Required information
  
In 2018, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $10,000,000. The road was completed in 2020. Information related to the contract is as follows:

Westgate recognizes revenue over time according to percentage of completion.

3. Complete the information required below to prepare a partial balance sheet for 2018 and 2019 showing any items related to the contract. (Do not round intermediate calculations.)