Note on answer formatting for this question: enter only numbers rounded to the nearest dollar. Please do not enter signs, symbols, or punctuation. Assume that your firm purchased a long-term asset, a machine, on 7/1/2010. The cost of purchasing the machine was $50,000, the cost to build the factory where the machine is housed was $10,000,000, the cost to ship the machine to the factory was $15,000, the cost to install the machine on the factory floor where it is useful to the company was $12,000, the cost of paying your accounting staff to record the purchase of the machine was $500, and the estimated cost of lost productivity during the time that the machine was installed was $20,000. You expect the machine to be useful to your company for 10 years and to be sold to a scrap dealer for $10,000 when the company can no longer use it. The firm uses the straight-line depreciation method. 1. As of year-end on December 31st, 2010, calculate: The depreciation expense related to this machine for 2010: [DExp2010] The balance in the accumulated depreciation account for this machine after the 2010 depreciation expense is recorded: [AD2010] 2. As of year-end on December 31st, 2011, calculate: The depreciation expense related to this machine for 2011: [DExp2011] The balance in the accumulated depreciation account for this machine after the 2011 depreciation expense is recorded: [AD2011] 3. On January 1st, 2012, your firm learns that the machine has a design flaw that will reduce the period of time during which it will be useful to the firm from 10 years to 5 years and 6 months. The flaw also changes the firm’s expectations about the value of the machine to a scrap dealer when it is no longer useful to the firm. The firm previously expected it to be worth $10,000 to a scrap dealer but now only expects it to be worth $6,950 to a scrap dealer. 3. As of year-end on December 31st 2012, calculate The depreciation expense related to this machine for 2012: [DExp2012] The balance in the accumulated depreciation account for this machine after the 2012 depreciation expense is recorded: [AD2012]
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On admission, a patient presents with a respiratory rate of…
On admission, a patient presents with a respiratory rate of 28 breaths/min, heart rate of 108 beats/min in sinus tachycardia, and a blood pressure of 140/72 mm Hg. The patient’s arterial blood gas (ABG) values on room air are PaO2, 60 mm Hg; pH, 7.32; PaCO2, 45 mm Hg; and HCO3¯, 26 mEq/L. What action should the nurse anticipate for this patient?
The cricoid cartilage is a large, leaf-like structure that c…
The cricoid cartilage is a large, leaf-like structure that covers the aditus of the larynx during swallowing.
The corniculate cartilages is embedded within the aryepiglot…
The corniculate cartilages is embedded within the aryepiglottic folds.
A patient developed a hemothorax after a blunt chest trauma….
A patient developed a hemothorax after a blunt chest trauma. The practitioner inserted a chest tube on the left side, and 1800 mL of blood was evacuated from the chest. The nurse expects that the patient will be taken to surgery for what procedure?
Normally, which central chemoreceptor is responsible for tri…
Normally, which central chemoreceptor is responsible for triggering ventilation changes?
Note on answer formatting for this question: enter only numb…
Note on answer formatting for this question: enter only numbers rounded to the nearest dollar. Please do not enter signs, symbols, or punctuation. Reppenhagen Co. is a company that occasionally makes credit sales. It knows that it will be unable to collect all of its accounts receivable and, every year at year-end, it makes appropriate adjusting entries relating to bad debts or uncollectible accounts receivable. In 2012, Reppenhagen Co. had credit sales of $50,000, it collected $52,000 of accounts receivable, and wrote off $4,000 of accounts receivable as bad debts. At year end in 2012, Reppenhagen Co. had a balance in accounts receivable of $2,000 and a balance in allowance for doubtful accounts of $90. Imagine that you are an accountant employed at Reppenhagen Co. At year end in 2012, the CEO of Reppenhagen Co. asks you to calculate bad debt expense in two ways so that she can compare them to each other. Calculate the bad debt expense Reppenhagen Co. would recognize if it used the percentage of sales method assuming that you believe Reppenhagen Co. will be unable to collect 3% of its credit sales.[bd1] Calculate the bad debt expense Reppenhagen Co. would recognize if it used the percentage of accounts receivable method assuming that you believe Reppenhagen Co. will be unable to collect 5% of its accounts receivable.[bd2]
For the event described below, make the appropriate entries…
For the event described below, make the appropriate entries in journal entry format to record its effects on the firm. On 5/01 your company purchases B&O Railroad for $200 cash. Date Account(s) you debit (left aligned and listed first) Account(s) you credit (indented and listed last) Debit Credit 5/01 [dacct1] [cacct1] 200 200 Notes on answer format: In the portion of the journal entry listing accounts: Identify accounts using the official account abbreviations (use the official account abbreviations which you can review by looking at the images at the bottom of this question. Pay attention to capitalizations!). In the portion of the journal entry listing dollar amounts: In some cases, the dollar amount will be filled in for you. When you fill in a dollar amount, do not use any spaces, commas, or symbols. If there is a place for an answer but you think it should be left blank, enter the number 0.
Note on table navigation: Canvas tables display strangely so…
Note on table navigation: Canvas tables display strangely sometimes, which can make navigating to the dropdown lists difficult. THIS IS A REMINDER that you can navigate to the next dropdown list using the tab button on your keyboard. Imagine a bond with the following characteristics: Face value = $100 Coupon rate = 10% / year Term = 1 year Coupon payment frequency: semiannual Also assume that the market interest rate is 4% per year. This bond will produce a series of cash flows over its life. Please use the dropdown lists in the table below to describe the dollar value of each cash flow (undiscounted, or, in other words, in future dollars) and the timing of each cash flow (meaning the time that it will occur relative to today). Timing Total dollar amount (future dollars) 1st cash flow [time1] [cf1] 2nd cash flow [time2] [cf2] 3rd cash flow [time3] [cf3] 4th cash flow [time4] [cf4]
Ethical monotheism began as the tradition of these people.
Ethical monotheism began as the tradition of these people.