Business, 07.05.2021 21:00 mandylo5418
On March 31, 2021, Susquehanna Insurance purchased an office building for $12,000,000. Based on their relative fair values, one-third of the purchase price was allocated to the land and two-thirds to the building. Furniture and fixtures were purchased separately from office equipment on the same date for $1,200,000 and $700,000, respectively. The company uses the straight-line method to depreciate its buildings and the double-declining-balance method to depreciate all other depreciable assets. The estimated useful lives and residual values of these assets are as follows
Service Residual
Life Value
Building 30 10% of cost
Furniture and fixtures 10 10% of cost
Office equipment 5 $30,000
Required:
Calculate depreciation for 2021 and 2022.
Answers: 3
Business, 21.06.2019 21:00
Intronix uses copy editors, computer graphics specialists, and java programmers to produce ads for magazines and the internet. the average new ad for magazines typically requires 180 hours of a copy editor's time and 135 hours of a computer graphics specialist's time, whereas ads produced for the internet require 35 hours of copy editor time, 195 hours of computer graphics time, and 60 hours of a java programmer's time. lassie food, a dog food manufacturer, has hired intronix to produce ads in the next four week. although currently it considers magazine ads 3 times more valuable than internet ads, it still wishes to have at least 2 of each produced within the next four weeks. intronix has assigned up to 3 copy editors, 4 computer graphics specialists, and 1 java programmer, each committed to work up to 70 hours per week on the project. how many of each type of ad should be produced to maximize the overall value to lassie foods
Answers: 3
Business, 21.06.2019 22:10
There are more than two types of bachelors’ degrees true or false?
Answers: 1
Business, 22.06.2019 09:30
The 39 percent and 38 percent tax rates both represent what is called a tax "bubble." suppose the government wanted to lower the upper threshold of the 39 percent marginal tax bracket from $335,000 to $208,000. what would the new 39 percent bubble rate have to be? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places,e.g., 32.16.)
Answers: 3
Business, 22.06.2019 14:30
In our daily interactions we can find ourselves listening to other people solely for the purpose of finding weakness in their positions so that we can formulate a convincing response. select one: true false
Answers: 1
On March 31, 2021, Susquehanna Insurance purchased an office building for $12,000,000. Based on thei...
Mathematics, 19.09.2019 04:20
Mathematics, 19.09.2019 04:20
Advanced Placement (AP), 19.09.2019 04:20
Biology, 19.09.2019 04:20
Mathematics, 19.09.2019 04:20
English, 19.09.2019 04:20
Mathematics, 19.09.2019 04:20
Mathematics, 19.09.2019 04:20