1) James Corp acquired several assets from Bonsai Corp. for $2,000,000. Assets acquired included a truck, a stamping machine, and a forklift. An appraisal of the assets valued the truck at $1,400,000, the stamping machine at $300,000, and the forklift at $450,000. What is the value that will be assigned to each of these assets?
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Q: depreciation expense on this asset
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A: Under straight line method:
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Q: cost of land
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A: Plant asset:
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A:
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A: Separate value of asset = Actual value / Overall cost of all asset * Estimated cost of asset
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- gageNOWv2 | Online teachin x zakeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator%3&inprogress3false Equipment with an estimated market value of $29,889 is offered for sale at $48,377. The equipment is acquired for $14,472 in cash and a note payable of $21,295 due in 30 days. The amount used in the buyer's accounting records to record this acquisition is Oa. $35,767 Ob. $44,361 Oc. $29,889 Od. $14,472 Next Previous 3:37 AM 5/9/2022age X * Cengage X Cengage X Cengage x MindTar x MindTap X G module x S ACC202 com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Show Me How Journalizing Installment Notes On the first day of the fiscal year, a company issues $52,000, 11%, five-year installment notes that have annual payments of $14,070. The first note payment consists of $5,720 of interest and $8,350 of principal repayment. a. Journalize the entry to record the issuance of the installment notes. If an amount box does not require an entry, leave it blank. 38 b. Journalize the first annual note payment. If an amount box does not require an entry, leave it blank. Previous Next Check My Work 6:34 PM 55°F 11/27/2021pject: Company Accour X DEL. Project Guidelines and Rubric x DEL 7-1 Problem Set: Module Sev X CengageNOWv2 |Online tea x com/ilm/takeAssignment/takeAssignmentMain.do?invoker3D&takeAssignmentSessionLocator3D&inprogress=false eBook 4Show Me How Return on Total Assets A company reports the following income statement and balance sheet information for the current year: Net income $224,540 Interest expense 39,620 000'080 Determine the return on total assets. If required, round the answer to one decimal place. Average total assets Feedback Check My Work Divide the sum of net income and interest expense by average total assets. Check My Work ( Previous *AD dy
- G natural monopoly regulation - x b My Questions | bartleby D MES26-WindEnergy-L27-Shuja.p x O File | C:/Users/Administrator/Desktop/KFUPM%20Term%232/ME526/ME526-WindEnergy-L27-Shuja.pdf (D Page view A Read aloud T Add text V Draw Y Highlight O Erase 44 of 58 Capital investment Annual 0&M costs Electricity sales Decommissioning 50MW onshore €40k per 2MW ЄЗM for 5-10 €c wind per kWh €65M machine farm • Assume wind farm operates for 20 years • 110GWH @ 7.5 €c/kWh gives 8.2M€ annual income • 25×2MW wind turbines gives annual expenditure 1M€ • Discount rate = 8% Find net present value for the wind farm? Find LCOE for the wind farm? Activate Windows Go to Settings to activate Windows. 12:48 AM A 4)) ENG 5/7/2022 出ाथ सल्गाने मा DeeBl, 2021 feliowing Andormiom for Coder BisterPriss is gren belows: bolow: Plan assets (at fair valve) Projecked bonefil obligalion Accmulated other comfrchensive doss $ 1,600, 000 1,200,000 503,700 The The everoge remabing bevwice dife of emluyee is lo yenrs. The amortizahing of Accuhul fed other ComPre hessive lass for ror 2022, usingthe Corridor methad, 1B.. ? CS Scanned with CamScanner7-2 Project: Company Accour x 121. Project Guidelines and Rubric x 121. 7-1 Problem Set: Module Sev X CengageNOWv2 | Online tea now.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker3&takeAssignmentSessionLocator3D&inprogress3false eBook Show Me How Return on Total Assets A company reports the following income statement and balance sheet information for the current year: Net income $224,540 Interest expense 39,620 Average total assets Determine the return on total assets. If required, round the answer to one decimal place. 1.8 Check My Work Divide the sum of net income and interest expense by average total assets. Previa Check My Work ADE dy
- Cengage X Cengage X Cengage X Cengage X MindTap X MindTap x G module S ACC202 mow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress-false eBook Show Me How Depletion Earth's Treasures Mining Co. acquired mineral rights for $70,000,000. The mineral deposit is estimated at 40,000,000 tons. During the current year, 9,600,000 tons were mined and sold. a. Determine the depletion rate. If required, round your answer to two decimal places. per ton b. Determine the amount of depletion expense for the current year. c. Journalize the adjusting entry on December 31 to recognize the depletion expense. If an amount box does not require an entry, leave it blank. Dec. 31 Check My Work Previous 6:32 (? 55°F 11/27gageNOWv2 | Online teachir X * CengageNOWv2 | Online teachin x om/iln/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogre.. eBook Show Me How Long-Term Solvency Analysis The following information was taken from Acme Company's balance sheet: Fixed assets (net) $1,092,000 Long-term liabilities 280,000 Total liabilities 196,000 Total stockholders' equity 980,000 Determine the company's (a) ratio of fixed assets to long-term liabilities and (b) ratio of liabilities to stockholders' equity. If required, round your answers to one decimal place. a. Ratio of fixed assets to long-term liabilities b. Ratio of liabilities to stockholders' equity Previous Next Check My Work 11:17 A 67°F Sunny A O E O G 40) 12/3/20 delete ome prt se 84l 144 4+ 6 backscace %D2 Content * CengageNOWv2 | Online teachin x m/iln/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false ajoutant à la barre de favoris. Importer mes favoris maintenant. Lamar Corporation purchased land for $147,000. Later in the year, the company sold land with a book value of $193,000 for $216,000. Show how the effects of these transactions are reported on the statement of cash flows using the indirect method. Transaction Amount Increase or Decrease Statement of Cash Flows Section Gain on sale of land Cash received for sale of land Cash paid for purchase of land 24 image008.png Nevt Previous N Acem Mar a Notiations EX lur up do -repl acer
- This module is not for sale and is exclusive for LNU BSEN Students only 18 Exercise 2,2: Show the effect of each of the named transactions on the assets, liabilities, and owner's equity of a business. Fill in each blank under a column and mark with + (Increase), - (decrease), or 0 (no change). OWNER'S EQUITY ASSETS LIABILITIES 1. Owner invested cash in the business. 2. Purchased equipment on Credit. 3. Borrowed money from the bank 4. Rendered service in cash. 5. Paid creditor (Transaction 2). 6. Paid monthly rent. 7. Rendered service to customer who will pay at later date Exercise 2.3: Harry Potter Feedmill is owned by Harry Potter. Its assets, liabilities and owner's equity are as follows: Cash, Accounts receivable, equipment, Land, Accounts Payable, and Harry Potter Capital. Prepare a tabular form and indicate the effect of the following transactions to the items on the equation by placing + (increase) or - (decrease) below the affected item. 1. Owner invested cash in the feedmill.…Unauthorized My Home CengageNOWv2| Online teachin x + -> https://v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogres. Chapter 20 еВook Operating Leverage Beck Inc. and Bryant Inc. have the following operating data: Beck Inc. Bryant Inc. Sales $1,250,000 $2,000,000 Variable costs (750,000) (1,250,000) Contribution margin $500,000 $750,000 Fixed costs (400,000) (450,000) Operating income $100,000 $300,000 a. Compute the operating leverage for Beck Inc. and Bryant Inc. If required, round to one decimal place. Beck Inc. Bryant Inc. b. How much would operating income increase for each company if the sales of each increased by 20%? Dollars Percentage Beck Inc. % Bryant Inc. % c. The difference in the increases of operating income is due to the difference in the operating leverages. Beck Inc.'s higher operating leverage means that its fixed costs are a larger percentage of contribution margin than are Bryant Inc.'s. Feedback 6:43 PM…0271 20161 122oint and wong liw vitorioss of 10 2016 621 570111507780002 Question 50 vd mwob 250g abnod to oulay jud asiduob loota to oulsy od viqinda WOT ST6 201611291910 e vibrd, col vimonces adt milt once and T: E renso2 You are given the following information for two assets Uno and Dos: u yo qu909 DOGO TO SLolato sulsv onT reda ai Expected rate of return Variance of return srüster2 (1) 0.0595 0.0384 0.0153 ort ano 0.0153 29:01 ano Asset Uno W bas Wydb Dos rifesw 0.2315 VISM 1 odtwob stiW bus x to noitonuts as zonesse sondt orlt to ross tot visvitsogasn 26 At a market risk premium of 3.5% and a risk-free rate of 2%, determine which asset is considered riskier by analyzing their systematic and unsystematic risks. mvilu a visM szoqquz W bas W. W to noitonuts as vilitu botooqxo a'vM to noia201qxs si nwob in W v bas xto esuley sri bait sidizzoq zi sim ooit-lain odi is gaibasl bas gniwonod goimwezA viilitu botoqxo a'vieM eximixem lliw jedi MOT