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Purchased Lawn Mower For 300 And Aerator For 500. Estimates 0 Salvage Value For Both Pieces Of

Prentice Company purchased a depreciable asset for $200,000. The estimated salvage value is $20,000, and the e?

It sounds like you are asking us to do your homework for you...

Pine Company purchased a depreciable asset for $360,000. The estimated salvage value is $24,000, and the estim?

100% / 8 years = 12.5% Straight-Line yearly depreciation rate
12.5% x 2 = 25% Double-Declining rate
Year 1: 360,000 x 25% = 90,000 Depreciation Expense. New book value is now 270,000.
Year 2: 270,000 x 25% = 67,500 Depreciation Expense.

*Note: With the double-declining method, salvage value is ignored; however, the book value is not allowed to drop below the salvage value.

This answer can vary a great amount depending upon the size of the machine and its intended use. The short answer(due to infinite variables, answers are only approximate) a small ‘push’ or self-propelled 20–22″ mower- 1–3 qts. Most ‘tractor’ style 38–54″ mowers 1–3 gallons. Commercial type machines capacities will vary greatly by size and brand, but generally will have a higher fuel capacity compared to the average “homeowner” or “consumer” models. The largest commercial type machines can have dual 5–6 gallon tanks(more capacity=less ‘downtime’) which allow operators to mow for extended periods of time and allow the machines to travel many miles away from where the operators ‘base’ is. A side note- Many retail hardware stores and home centers now sell pre-packaged quart or liter sized containers of ‘gas’. These are small amounts but if one has a small yard, they can be a good alternative to storing gas in the usual plastic fuel cells sold for transport/storage of gasoline these days. Pre-packaged mower fuels often have ‘fuel stabilizers’ added to them that will greatly increase the shelf-life of the product and sometimes help avoid costly repairs to mowers that have sat dormant for months which allows gas to ‘sour’ in your mowers fuel system.

A purchase of equipment for $18,000 also involved freight charges of $500 and installation costs of $2,500. Th?

(18000 + 500 + 2500) GBV - 2000 Salvage/ 4 = 4750

Cheers...

On January 1, Able Company purchased equipment costing $135,000 with an estimated salvage value of $10,500, an?

Equipment 135,000
Salvage value 10,500
Depreciable amount 124,500

5 year life 24,900 year
60 months 2,075 month

i am assuming straignt lind depreciation

there are other methods of depreciation. check your text book

EDITED ANSWER, as I now have another options:OPTION 1: USD500k right now is close to Australian Dollars 750k. I own a 25 year lease on a villa in Bali that is currently worth AUD250k, so you could afford three of these. The villa rents out at AUD200 per night, and 75% occupancy is easily achievable (these are beautiful houses and have full advertising, management and staff systems in place). That's AUD4500 per month x 3 = AUD13500 per month. About AUD3500 is expenses, leaving about AUD10000 a month income. It's not exactly what you want, but it's in the ballpark. It means you also have a beautiful place to stay when you want.OPTION 2:This is my brother-in-law's method, which he's just successfully completed. Use the $500k to borrow money from the bank to enable a $1.5m development. He bought an old house in a good suburb for about $750k and knocked the existing house down. On the land, he had built a $600k house. Around $100k in various fees and charges, means his total outlay was $1.45m. He sold two weeks ago for $1.75m; the property had been on the market for just two weeks. This yields about $300k on his original $500k. This is NOT passive income: it took him roughly a week a month working on this over almost 18 months. But, working 25% full-time for an equivalent of $200k annual income translates pretty well and far exceeds your $10k a month. It also means that upon sale, his equity is preserved entirely and he can simple 'rinse and repeat'.

Horsepower is typically measured at the engine, rather than at the wheels unless you’ve had the car dyno’d. Horsepower is relative. A basic, low entry car such as the Subaru Impreza has a rated 152 hp engine. It’s sporty, but by modern standards, it’s not a barn burner by any stretch. If your only experience with driving is this car, moving up to the Subaru WRX-STI with a rated 305 hp engine, the difference is going to be downright scary when you press the go switch. My DD has 330hp at the wheels and is crazy fun but can get you into trouble real quick if you’re not an experienced driver. I hit 60 in the low 4s range, so sure, 300 hp is quite a bit. But, I’m not unique on the roadway; there’s plenty of cars out there with considerably more power than my measly 330hp. :-)Perhaps a better metric is what does it cost to get a 300+ hp car, now that’s likely a better guage of whether 300hp is a lot. ;-)The 2018 Subaru WRX-STI has a rated 305 hp and runs a bit over $36k for the baseline model with no additional packages. It’s also AWD which makes for a thoroughly entertaining, and easier to drive experience with this amount of power.The 2018 Ford Focus RS has a rated 350hp and baseline runs $41k and is also AWD. These are difficult vehicles to come across as they are bought before they even arrive on the floor.The 2018 Honda Civic Type R has a rated 306hp and baseline runs just south of $35k. It’s front wheel drive, but has some innovative steering geometry to eliminate the typical torque steer one experiences in a FWD car.The 2018 Ford Mustang EcoBoost Fastback has a rated 310hp (350 lb-ft) but is rear wheel drive only. However, it starts at just beneath $26k, so you’re definitely getting more hp/dollar.

Sandeep Reddy gave a clear presentation of the simplest method for this particular case.A more general method would be required if the numbers were less regular, and Mahesh Gadhawe presented a method that would do this, but reduction to a base defined by the detail of the problem may not always be convenient.Bill Streifer (a name shared with a great semiconductor physicist/engineer) tried to present a simple general method using logarithms, but unfortunately made too many presentational errors to be useful.The principle is that it is adequate to show which of the results’ logarithms is greatest, so we don’t have to deal with large numbers. The example below is in terms of logarithm base 10, but you can use whatever base you find convenient.So: log(2^500) ~ 500*0.301 = 150.5log(3^300) ~ 300*0.477 = 143.1log(4^250) ~ 250*0.602 = 150.5log(5^200) ~ 200*0.699 = 139.8For this particular case, Mahesh Gadhawe’s method is equivalent to choosing two as the base for the logarithm - equally effective, of course, but convenience/simplicity depends on the tools you have to hand.As an addendum, the numbers chosen look to be roundings of n^(1000/n). 3^333.33… is larger than 2^500. This is related to the known efficiency of ternary representation of numbers. Other possibly interesting features are that the values for n=1 and infinity are both 1; and (finally) that, if we allow non-integer numbers (so express as x^(1000/x), we find (yet another) case where ‘e’ emerges from the woodwork as the falue of x for which the function reaches its maximum.

Well, let’s look at these substances individually:Glucose(C6H12O6) is a molecular substance. Meaning that when it dissolves it will remain this way:C6H12O6(s) ---------> C6H12O6 (aq)Potassium chloride (KCl) is an ionic substance. Meaning that when it dissolves, it will create ions:KCl(s)-------> K+(aq) + Cl- (aq)KCl is an ionic compound and glucose is a molecular compound. Ionic compounds have higher boiling points than molecular compounds. Therefore, KCl will have the higher boiling point.

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