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zavuch27 [327]
2 years ago
6

ABC Ltd. purchased a new 3-D printer for $500,000 at the beginning of year 1. Although this printer is expected to last for 10 y

ears, ABC knows the technology will become old quickly, and so they plan to replace this printer in 4 years. At that point, ABC would be able to sell the printer for $20,000. Calculate the net book value of the printer when at the end of year 2 using the declining balance method with a rate of 50%.
Business
1 answer:
Klio2033 [76]2 years ago
5 0

Answer:

ɨt աɨʟʟ ɦaʋɛ ʟօst ɨt's ʍaʀҡɛt ʋaʟʊɛ

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3 years ago
The general ledger shows a balance of $ 66 comma 200 in the Merchandise Inventory account at the end of the period. The physical
madam [21]

Answer:

The adjusting entry includes a debit to Cost of Goods Sold and a credit to Merchandise Inventory for $3,200

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3 years ago
Which of the following is the cost of quality classification for costs such as defects that pass through the system, such as cus
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8 0
3 years ago
Cochrane Associate's net sales last year were $525 million. If sales grow at 7.5% per year, how large (in millions) will they be
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