Asset cost is $54,000, expected life is 6 years, and estimated salvage value is $6,000 . Using the double-declining-balance method, the depreciation for the first year would be
a. $8,000; b. $9,000; c. $16,000; d. 18,000;
e. none of these.
D
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Which test of controls will provide evidence that the system as originally implemented was free from material errors and free from fraud? Review of the documentation indicates that
a. a cost-benefit analysis was conducted b. the detailed design was an appropriate solution to the user's problem c. tests were conducted at the individual module and total system levels prior to implementation d. problems detected during the conversion period were corrected in the maintenance phase
A short-run challenge for a business is achieving profitability
Indicate whether the statement is true or false
Langton Inc. is considering Projects S and L, whose cash flows are shown below. These projects are mutually exclusive, equally risky, and not repeatable. The CEO believes the IRR is the best selection criterion, while the CFO advocates the MIRR. If the decision is made by choosing the project with the higher IRR rather than the one with the higher MIRR, how much, if any, value will be forgone. In other words, what's the NPV of the chosen project versus the maximum possible NPV? Note that (1) "true value" is measured by NPV, and (2) under some conditions the choice of IRR vs. MIRR will have no effect on the value lost. r =7.00% Year0 1 2 3 4 CFS?$1,100 $550 $600 $100 $100 CFL?$2,750 $725 $725 $800 $1,400
A. $185.90 B. $197.01 C. $208.11 D. $219.22 E. $230.32
There are no limitations on the number of constraints or variables that can be graphed to solve an LP problem
Indicate whether the statement is true or false