Questions LLC
Login
or
Sign Up
Ask a New Question
Mathematics
Statistics
What is straight line depreciation for an item that costs $15,951. whose life is 13 years?
1 answer
15951/13 = 1227 per yesr
You can
ask a new question
or
answer this question
.
Similar Questions
A company used straight-line depreciation for an item of equipment that cost $12,000, had a salvage value of 2,000 and a 5 year
Top answer:
The total depreciation for the equipment is $12,000 - $2,000 = $10,000. The annual depreciation
Read more.
ABC company purchased machine for $300,000 that had a useful life of 5 years, with a salvage value of $50,000 at the end its
Top answer:
To correct the depreciation for 20X1, we need to calculate the difference between the original
Read more.
In 20X0, ABC company purchased machine for $300,000 that had a useful life of 5 years, with a salvage value of $50,000 at the
Top answer:
To correct the depreciation for 20X1, we need to determine the difference in depreciation expense
Read more.
(DEPRECIATION SCHEDULE A)
A. A $1200 postage printing system depreciated using the straight-line method over 4-years. In your
Top answer:
I'm trying to figure out the same problem. We'll just have to read the book
Read more.
Design and develop a simple system that computes the Depreciation cost of the item (D). Takes as input the purchase Price of an
Top answer:
Hajam
Read more.
EZ Bhd bought 5 specialized machines on 1 January 2003. Each machine costs RM 100,000. The machines useful life is 10 years with
Top answer:
Extract of Balance Sheet as at 31 December 2005: Machines RM 350,000 Accumulated Depreciation (RM
Read more.
EZ Bhd bought 5 specialized machines on 1 January 2003. Each machine costs RM 100,000. The machines useful life is 10 years with
Top answer:
The recoverable amount is determined by comparing the carrying amount of the machines to their value
Read more.
Computer equipment was acquired at the beginning of the year at a cost of $56,000 that has an estimated residual value of $3,000
Top answer:
Straight line deprication is always the same. (I hate double declining balance) (56000 - 3000)/5 =
Read more.
purchased a machine of Rs. 1000000 on 1/1/13, the service life of the machine is 10 years. The company calculate depreciation on
Top answer:
To calculate the annual depreciation expense using the straight-line method, divide the cost of the
Read more.
Consider a 2 yr project with initial fixed asset investment=$495,000, straight line depreciation to zero over the 2 yr life,
Top answer:
To calculate the sensitivity of Operating Cash Flow (OCF) to changes in quantity sold, we need to
Read more.
Related Questions
A workcenter system purchased at a cost of $60,000 in 2015 has a scrap value of $12,000 at the end of 4 years. If the
A company paid $150,000 for a new 18-wheeler. When it is 9 years old it will be worth $42,000. Using straight-line
check my answer if answer is diffferent show how you got it
1. Firm A uses straight-line depreciation. Firm B uses MACRS
A truck costs $35,000 with a residual value of $2,000. Its service life is five years. Using the declining-balance method at
Lena Horn bought a Toyota Tundra on January 1 for $30,000 with an estimated life of 5 years. The residual value of the truck is
A company paid $110,000 for a new 18-wheeler. When it is 9 years old it will be worth $20,000. Using straight-line depreciation,
The general equation for depreciation is given by y = A(1 – r)t, where y = current value, A = original cost, r = rate of
Depreciation is the decrease or loss in value of an item due to age, wear, or market conditions. We usually consider
On 2015 January 1, Jackson Company purchased equipment for $440,000. The equipment has an estimated useful life of 10 years and
onsider a four-year project with the following information: initial fixed asset investment = $570,000; straight-line