1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
grandymaker [24]
3 years ago
13

Cameron industries is purchasing a new chemical vapor depositor in order to make silicon chips. it will cost $ 4 million$4 milli

on to buy the machine and $ 15 comma 000$15,000 to have it delivered and installed. building a clean room in the plant for the machine will cost an additional $ 3 million.$3 million. the machine is expected to have a working life of sevenseven years. if​ straight-line depreciation is​ used, what are the yearly depreciation expenses in this​ case
Business
1 answer:
Luden [163]3 years ago
8 0
On basis of straight-line depreciation method,

Yearly depreciation expense = [Cost of investment - Salvage value] / life

In the current case, salvage vale is assumed to be $0 and the life is 7 years.

Total investment = $4 m + $ (15,000/1,000,000) m + $3 m = $7.015 m

Therefore,
Yearly depreciation expense = 7.015/7 ≈ $1.002 m
You might be interested in
Dilution Solutions, Inc. repurchased 500 shares of its $2 par value common stock for $10,000. The effect of this transaction on
Sedbober [7]

Answer: $10,000 increase in Treasury Stock

Explanation:

Treasury stock, is also known refered to as the treasury shares and it occurs when stock is bought buy the issuing company back from the stockholders.

This results in the reduction in the total number of outstanding shares that can be found on the open market. In the above scenario, since Dilution Solutions, Inc. repurchased 500 shares of its $2 par value common stock for $10,000, this will bring about a $10,000 increase in the treasury stock.

3 0
2 years ago
process to identify potential events that may affect the entity, and manage risk to be within its risk appetite, to provide reas
VashaNatasha [74]

The process to identify potential events that may affect the entity, and manage risk to be within its risk appetite, to provide reasonable assurance regarding the achievement of entity objectives is called risk assessment.

An entity refers to someone or enterprise owning separate and wonderful prison rights, inclusive of an individual, partnership, or organization. An entity can, amongst different things, personal assets, engage in enterprise, enter into contracts, pay taxes, sue, and be sued.

The entity name is the call used by an enterprise to enter into contracts and make other criminal or administrative commitments. alternatively, the business name is the name your commercial enterprise operates under and shares with its clients, customers, and employees.

That which has a wonderful life as an individual unit. often used for businesses that have no physical shape. An existent something that has the houses of being actual, and having an actual lifestyle.

Learn more about entity here brainly.com/question/17290596

#SPJ4

7 0
1 year ago
The main outputs of which process are a quality management plan, quality metrics, project management plan updates, and project d
Ray Of Light [21]

Answer:

Process asset updates.

Explanation:

Quality assurance assessments, validated modifications, authenticated deliverables, performance at work indicators, configuration management, project management plan modifications, project document security patches, and organisational process asset updates are the key outputs of quality assurance.

3 0
2 years ago
Analyzing and Reporting Financial Statement Effects of Transactions M.E. Carter launched Carter Company, a professional services
valentinak56 [21]

Answer:

See explanation section

Explanation:

See the image below to get the answer:

7 0
3 years ago
G. How trustworthy do you think the secondary source is? Do you think this source
melomori [17]

Answer: The secondary source on a topic may be biased because the information is translated and the text and information could be altered

Explanation:

3 0
3 years ago
Other questions:
  • What is the approximate maximum hardness value in rockwell units that steel can attain?
    12·1 answer
  • When a company collects the face value of a​ long-term investment in bonds at​ maturity, ________.
    8·1 answer
  • What is generally the difference between blue-collar workers and white-collar workers?
    12·1 answer
  • Generally accepted accounting principles (GAAP) requires the expenses incurred to generate revenues be matched in the same perio
    15·1 answer
  • You need to accumulate $10,000. To do so, you plan to make deposits of $1,100 per year - with the first payment being made a yea
    5·1 answer
  • Sometimes a country’s laws forbid foreigners from owning a business in the nation. In the presence of such laws, a(n) ________ i
    7·1 answer
  • Begin with a single sum of money at period 0. First, calculate a future value of that sum at 12.01%. Then discount that future v
    11·1 answer
  • Two ways in which young entrepreneurs can benefit from the National Youth Development Agency​
    9·1 answer
  • A history is an interview of the patient that includes the following elements:
    14·2 answers
  • Which steps would you follow if you wanted to see a list of overdue invoices, starting from the quickbooks online company sales
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!