Homework_8_Solutions - Homework Manager Assignment...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Homework Manager Assignment Solutions E8–1. Hasbro, Inc. Excerpts from Balance Sheet (in millions) ASSETS Current Assets Cash and cash equivalents $ 521 Accounts receivable (net of allowance for doubtful accounts, $39) 607 Inventories 169 Prepaid expenses and other current assets 212 Total current assets 1,509 Property, Plant, and Equipment Tools, dies and molds 30 Machinery and equipment 304 Buildings and improvements 206 Land and improvements 18 Property, plant, and equipment (at cost) 558 Less: Accumulated depreciation 358 Total property, plant, and equipment (net) 200 Other Assets Goodwill 464 Other intangibles (net of accumulated amortization, $435) 711 Other noncurrent assets 280 Total other assets 1,455 Total Assets $3,164 E8–8. Req. 1 a. Straight-line: Year Computation Depreciation Expense Accumulated Depreciation Net Book Value At acquisition $125,000 1 ($125,000 - $15,000) x 1/5 $22,000 $22,000 103,000 2 ($125,000 - $15,000) x 1/5 22,000 44,000 81,000 3 ($125,000 - $15,000) x 1/5 22,000 66,000 59,000 4 ($125,000 - $15,000) x 1/5 22,000 88,000 37,000 5 ($125,000 - $15,000) x 1/5 22,000 110,000 15,000
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
b. Units-of-production: ($125,000 – $15,000) ÷ 250,000 = $0.44 per unit of output Year Computation Depreciation Expense Accumulated Depreciation Net
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 09/29/2008 for the course AEM 2210 taught by Professor Little,j. during the Spring '07 term at Cornell University (Engineering School).

Page1 / 4

Homework_8_Solutions - Homework Manager Assignment...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online