Straight-Line Depreciation
A building acquired at the beginning of the year at a cost of $85,300 has an estimated residual value of $3,300 and an estimated useful life of 10 years. Determine the following:
| (a) | The depreciable cost | $ | |
| (b) | The straight-line rate | % | |
| (c) | The annual straight-line depreciation | $ |
In: Accounting
agree or not?
Hard data is a verifiable fact that is acquired from reliable sources. It implies data that is directly measurable, factual and indisputable. Some of the benefits of hard data are reliability, value add, prediction, and accuracy. Hard research is the gathering of numerical and demographic data which helps determine who the customers are and what they want, when they want it and how they want the product or service. Hard data describes the types of data that are generated from devices and applications such as phones, computers, smart meters, traffic monitoring systems and bank transactions. These things and this information can be measured, traced and validated. Hard data is for companies that only depend on analytics and they are used by technical savy companies. An example of hard data would be a medical study on the results of testing. Soft data is based on qualitative information such as a rating, survey or poll. It implies that the data has been collected from qualitative observations and quantified. Sometimes one might think that soft data is not reliable, but it really is. In many cases, the best data available is soft data such as customer satisfaction and product reviews. Some of the benefits of using soft data are, direct response, saves cost and time, genuine feed backs are possible, and data can not be manipulated and is reliable. Soft data is usually preferred for small business cases and projects while hard data's are required for huge businesses. An example of soft data would be to get the patients to rate their symptoms.
In: Operations Management
a) Assuming that the frequency of oscillation is due to the difference in energy between the 2p and 1s states of the H atom, and that the amplitude of oscillation is about one Bohr radius, estimate the rate at which energy is classically radiated in eV/s.
b) Estimate the classical time it takes for this atom to radiate the energy difference between these two states.
In: Physics
a) Assuming that the frequency of oscillation is due to the difference in energy between the 2p and 1s states of the H atom, and that the amplitude of oscillation is about one Bohr radius, estimate the rate at which energy is classically radiated in eV/s.
b) Estimate the classical time it takes for this atom to radiate the energy difference between these two states.
In: Physics
What are the main reasons for Design Build not being legal in some states?
What is the main reason for CM at Risk not being legal in some states?
What is the difference between CM (Agency sometimes called for fee) and CM-at-risk? If you were an owner, whose advice would you consider to be more objective?
In: Civil Engineering
What is the shape of the current Yield Curve as of July 2020?
In: Finance
What is McCormick & Company current SWOT Analysis in 2020
In: Operations Management
Dubai Expo 2020
How Dubai win the bid?
In: Operations Management
The current December 2020 copper futures contract has a futures price of 3.0620 per pound. The current December 2021 copper futures contract has a futures price of 3.0895 per pound. T-Bill rate is 0.13% per year. Storage costs about $.05 per pound per year. What is the implied convenience value from December 2020 to December 2021?
In: Finance
Prepare journal entries for the following transactions: a. A machine that cost $10,000 with a residual value of $2,000 is fully depreciated and discarded. b. A machine purchased on January 1, 2020 for $20,000, with a useful life of 4 years, and a residual value of $4,000, is sold on April 1, 2020 for $8,000. Use the straight-line method. c. A machine that cost $15,000, has accumulated depreciation of $12,000 is sold for $5,000.
In: Accounting