subject
Business, 15.04.2020 23:07 derpoofoofderp

Eckman Company purchased equipment for $120,000 on January 1, 2017, and will use the double-declining-balance method of depreciation. It is estimated that the equipment will have a 5-year life and a $6,000 salvage value at the end of its useful life. The amount of depreciation expense recognized in the year 2019 will be

A. $17,280.
B. $27,360.
C. $28,800.
D. $16,416.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 14:10
What sources about ecuador should you consult to obtain cultural information about this country that will need to be included in your cultural map?
Answers: 2
question
Business, 22.06.2019 00:50
At a roundabout, you must yield to a. already in the roundaboutb. entering the roundaboutc. only if their turn signal is ond. only if they honk at you
Answers: 1
question
Business, 22.06.2019 04:30
Required prepare the necessary adjusting entries in the general journal as of december 31, assuming the following: on september 1, the company entered into a prepaid equipment maintenance contract. birch company paid $3,400 to cover maintenance service for six months, beginning september 1. the payment was debited to prepaid maintenance. supplies on hand at december 31 are $3,900. unearned commission fees at december 31 are $7,000. commission fees earned but not yet billed at december 31 are $3,500. (note: debit fees receivable.) birch company's lease calls for rent of $1,600 per month payable on the first of each month, plus an annual amount equal to 1% of annual commissions earned. this additional rent is payable on january 10 of the following year. (note: be sure to use the adjusted amount of commissions earned in computing the additional rent.)
Answers: 1
question
Business, 22.06.2019 09:40
Alpha industries is considering a project with an initial cost of $8 million. the project will produce cash inflows of $1.49 million per year for 8 years. the project has the same risk as the firm. the firm has a pretax cost of debt of 5.61 percent and a cost of equity of 11.27 percent. the debt–equity ratio is .60 and the tax rate is 35 percent. what is the net present value of the project?
Answers: 1
You know the right answer?
Eckman Company purchased equipment for $120,000 on January 1, 2017, and will use the double-declinin...
Questions
question
Mathematics, 05.05.2020 02:18
question
Mathematics, 05.05.2020 02:18
question
Mathematics, 05.05.2020 02:18
question
Mathematics, 05.05.2020 02:18
question
Biology, 05.05.2020 02:18
Questions on the website: 13722361