Assume that at the beginning of 2010, northeast usa, a fedex competitor, purchased a used boeing 737 aircraft at a cost of $53,000,000. northeast usa expects the plane to remain useful for five years (six million miles) and to have a residual value of $5,000,000. northeast usa expects to fly the plane 775,000 miles the first year, 1,275,000 miles each year during the second, third, and fourth years, and 1,400,000 miles the last year.1.compute northeast usa’s first-year depreciation on the plane using the following methods:
a. straight-line
b. units-of-production
c. double-declining-balance
2.show the airplane’s book value at the end of the first year under each depreciation method

Select the correct answer brian wants to add a chart to his dtp project. what is the best way he can do this? a draw the chart using the dtp program draw option b create the chart in a spreadsheet then import it c. use the dtp chart wizard to create the chart within the dtp d. create an image of the chart in an image editor then import the image e use html code to create a chart within the dtp program

Which of the following would create the most money? the initial deposit is $6,500 and the required reserve ratio is 20 percent. the initial deposit is $3,000 and the required reserve ratio is 10 percent. the initial deposit is $7,500 and the required reserve ratio is 25 percent. the initial deposit is $4,500 and the required reserve ratio is 15 percent.

Reynolds corp. factors $400,000 of accounts receivable with mateer finance corporation on a without recourse basis on july 1, 2015. the receivables records are transferred to mateer finance, which will receive the collections. mateer finance assesses a finance charge of 1 ½ percent of the amount of accounts receivable and retains an amount equal to 4% of accounts receivable to cover sales discounts, returns, and allowances. the transaction is to be recorded as a sale.required: a. prepare the journal entry on july 1, 2015, for reynolds corp. to record the sale of receivables without recourse.b. prepare the journal entry on july 1, 2015, for mateer finance corporation to record the purchase of receivables without recourse— think through this.c. explain the difference between sale of receivables with recourse as oppose to without recourse.