Question
On October 1 Amy inc purchased equipment for 40000 and estimates monthly depreciation of $500. What...
on October 1 Amy inc purchased equipment for 40000 and estimates monthly depreciation of $500. What will be the book value of the building on December 31
a)40,000
1,500
1000
d) 39,000
e) 38500
Answers
e) 38,500
Number of months covered as on dec 31= 3 months
Total depreciation for 3 months= 3*500= $1,500
Bookvalue as on Dec 31= 40,000 - 1,500
= 38,500
Similar Solved Questions
1 answers
In an article in Marketing Science, Silk and Berndt investigate the output of advertising agencies. They...
In an article in Marketing Science, Silk and Berndt investigate the output of advertising agencies. They describe ad agency output by finding the shares of dollar billing volume coming from various media categories such as network television, spot television, newspapers, radio, and so forth. (a) Sup...
1 answers
Two nearby trumpets are sounded together and a beat frequency of 8 Hz is heard. If...
Two nearby trumpets are sounded together and a beat frequency of 8 Hz is heard. If one of the trumpets sounds at a frequency of 871 Hz, what are the two possible frequencies of the other trumpet? (Enter your answers from the smallest to the largest, in Hz, to three significant figures...
1 answers
Solve the equation tan(12(x−π4))=−1 for x∈[−2π,2π]. How do I solve for x?
Solve the equation tan(12(x−π4))=−1 for x∈[−2π,2π]. How do I solve for x?...
1 answers
Propane (C3Hg) reacts with oxygen in the air to produce carbon dioxide and water. In a...
Propane (C3Hg) reacts with oxygen in the air to produce carbon dioxide and water. In a particular experiment, 38.0 grams of carbon dioxide are produced from the reaction of 22.05 grams of propane with excess oxygen. What is the % yield in this reaction? 66.0 38.0 86.4 94.5 57.6...
1 answers
The management of Firebolt Industries Inc. manufactures gasoline and diesel engines through two production departments, Fabrication...
The management of Firebolt Industries Inc. manufactures gasoline and diesel engines through two production departments, Fabrication and Assembly. Management needs accurate product cost information in order to guide product strategy. Presently, the company uses a single plantwide factory overhead rat...
1 answers
A steering mirror for a telescope has a maximum angular acceleration of 100 rad/sec^2 and hard...
A steering mirror for a telescope has a maximum angular acceleration of 100 rad/sec^2 and hard stops at +/- 30 degrees. The software controlling it runs at 200 Hz. If the mirror hits the hard stop at faster than 15 rad/sec, it can damage the hard stops. To prevent this, a "soft stop" is impl...
1 answers
Please Do NOT USE excel to solve .... Show me the steps and the equations to...
Please Do NOT USE excel to solve .... Show me the steps and the equations to better understand the question You have a habit of drinking a cup of coffee ($2.00 a cup) on the way to work every morning for 30 years. If you put the money in the bank for the same period, how much would you have, assumi...
1 answers
You have $1,000 to invest over an investment horizon of three years. The bond market offers...
You have $1,000 to invest over an investment horizon of three years. The bond market offers various options. You can buy (i) a sequence of three one-year bonds; (ii) a three-year bond; or (iii) a two-year bond followed by a one-year bond. The current yield curve tells you that the one-year, two-year...
1 answers
What role has health insurance had in the increase in hospitals and physicians since the 1930s?
what role has health insurance had in the increase in hospitals and physicians since the 1930s?...
1 answers
In this assignment you will be fulfilling three separate roles. Shipping clerk Jessica Rogers his immediate...
In this assignment you will be fulfilling three separate roles. Shipping clerk Jessica Rogers his immediate supervisor Mark Johnson and payroll clerk Larry Fiske. Arnold industries pays employees time and one half for any time worked in a day in excess of eight hours. The first eight hdurs of each d...
1 answers
Post an explanation of at least two opportunities that exist for RNs and APRNs to actively...
Post an explanation of at least two opportunities that exist for RNs and APRNs to actively participate in policy-making. Explain some of the challenges that these opportunities may present and describe how you might overcome these challenges. Finally, recommend two strategies you might make to bette...
1 answers
What is the real interest rate if the nominal interest rate is 7% and the expected...
What is the real interest rate if the nominal interest rate is 7% and the expected inflation rate is 5% over the course of a year? ir = (Round your response to two decimal places.)...
1 answers
Please answer because i don't know how to be answer thanks 19. The physical count conducted...
please answer because i don't know how to be answer thanks 19. The physical count conducted in physical count conducted in the warehouse of Lenient Company on December 31, 2014 revealed total cost of P3.600.000 However the following items were excluded from the count: • Goods sold to a cust...
1 answers
Help, please. N Molecule AH!" (kJ mor') CO (g) Sº (J K' mol') 197.67 -110.52 He(...
Help, please. N Molecule AH!" (kJ mor') CO (g) Sº (J K' mol') 197.67 -110.52 He( (g) 130.68 CH3OH () -238.66 126.8 (9 pts) Find AH , As, and AG at 298.2 K for the reaction CH3OH (I) = CO (g) + 2H2 (g) AG= OH - TASO - IO.S2 FU) - (b) (5 pts) Find Kp at 298.2 K from results in (a)...
1 answers
A spherical tank has a radius of (1.640x10 2) in. Calculate the volume of the tank...
A spherical tank has a radius of (1.640x10 2) in. Calculate the volume of the tank in cubic radius. One Imperial gallon equals 277.4 in3. Express your answer to four signifcant figures. Note: Your answer is assumed to be reduced to the highest power possible...
1 answers
All information provided Rooney Radio Corporation is a subsidiary of Salem Companies. Rooney makes car radios...
All information provided Rooney Radio Corporation is a subsidiary of Salem Companies. Rooney makes car radios that it sells to retail outlets. It purchases speakers for the radios from outside suppliers for $41 each. Recently, Salem acquired the Franklin Speaker Corporation, which makes car radio sp...
1 answers
A satellite in a circular orbit around the earth with a radius 1.015 times the mean...
A satellite in a circular orbit around the earth with a radius 1.015 times the mean radius of the earth is hit by an incoming meteorite. A large fragment (m = 89.0 kg) is ejected in the backwards direction so that it is stationary with respect to the earth and falls directly to the ground. Its speed...
1 answers
Interest expense for the current year is $290,000. Interest payable increased $53,000 during the year. Interest...
Interest expense for the current year is $290,000. Interest payable increased $53,000 during the year. Interest receivable increased $12,000 during the year. Interest expense includes $47,000 for the amortization of discount. What is the cash paid for interest? O A. S202,000 O B. $243,000 O C. $190,...