valeriemccarty3801 valeriemccarty3801

02-11-2022
Business

Answered

on january 1, year 1, ballard company purchased a machine for $52,000. on january 1, year 2, the company spent $12,000 to improve its quality. the machine had a $4,000 salvage value and a 6-year life, which are unchanged. ballard uses the straight-line method. what is the book value of the machine on december 31, year 4?

Answer :

Other Questions

rosewood company made a loan of $10,200 to one of the company's employees on april 1, year 1. the one-year note carried a 6% rate of interest. the amount of int

mountain frost is considering a new project with an initial cost of $210,000. the equipment will be depreciated on a straight-line basis to a zero book value ov

esquire incorporated uses the lifo method to report its inventory. inventory at the beginning of the year was $420,000 (21,000 units at $20 each). during the ye

on january 1, northern college received $1,340,000 from its students for the spring semester that it recorded in unearned revenue. the term spans four months be

bright future investment fund has a balance of $1,209,000 on january 1. on may 1, the balance is $1,220,000. immediately after this balance is noted, $800,000 i

an orcharder spends $110,000 to plant pomegranate bushes. it will take four years for thebushes to provide a usable crop. he estimates that every year for 20 ye

a bond has a par value of $1,000, a time to maturity of 20 years, and a coupon rate of 7.30% with interest paid annually. if the current market price is $730, w

cuddles pajama company's owners are retiring. their employees want to continue providing the world with comfy loungewear both today and far into the future, so

the greater the value of the marginal propensity to consume part 2 a. the smaller the value of the multiplier. b. the greater the value of the multiplier. c. th

vasily is a manager at a large snack foods company. vasily believes his company would benefit from being larger and thinks the shareholders would support such g