A company's property records revealed the following information about one of its plant assets: CostSalvage ValuePurchase DateEstimated LifeDepreciation Method$450,000$30,00010/017 yearsStraight-lineCalculate the depreciation expense for the asset in Year 1 and Year 2 for the year ended December 31.Year 1________ Year 2 ________
What will be an ideal response?
Year 1 [($450,000 - $30,000)/7] *3/12 = $15,000
Year 2 ($450,000 - $30,000)/7 = $60,000
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Which of the following is MOST associated with the moral person dimension of ethical leadership?
A. act as role models B. communicate frequently about mission and values C. punish unethical behavior D. reward ethical behavior
Identify several reasons for failure
What will be an ideal response?
The arm's length transaction presumption:
A. Requires direct negotiation between parties to ensure an arm's length price. B. Cannot be satisfied in a private market transaction. C. Assumes that each party is dealing in its own economic self-interest. D. Applies to both related party and unrelated party transactions.
In the example "orderDessert(Ice Cream, 2)", orderDessert is ________
A) an operation B) an argument C) a parameter D) data