Chapter 9 Homework - Nicholas Kuras Q:2-4 7 12 14-18 21 | P:1A 2A 7B 8B 2 Cash By the cash that was directly paid Non-cash By all payments that are

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Nicholas Kuras Q:2-4, 7, 12, 14-18, 21 | P:1A, 2A, 7B, 8B 2) Cash: By the cash that was directly paid Non-cash: By all payments that are made over time 3) Reduced risk of obsolescence, shared tax advantages, assets/liabilities not reported, little to no down payment 4) Land: Accrued taxes, grading and clearing of the land, demolition of old building Both: Same as above aside from demolition, along with things such as taxes on the building, renovations, etc 7) a) Amount of money an asset can be sold for once the company is done with it b) Used to calculate amount of monthly/yearly depreciation by removing the salvage value from the initial value of the asset 12) It is computed by looking at how much the asset was sold for, and then comparing it to how much was originally paid for it. 14) Buildings: Averages from other buildings that they own Equipment: Original purchase price, and estimated amount of time that it can be used for 15) They are similar in that they are both the lowering of the value of something. They are different in
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This note was uploaded on 08/30/2010 for the course BA 2340 taught by Professor Staff during the Fall '08 term at Michigan Technological University.

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Chapter 9 Homework - Nicholas Kuras Q:2-4 7 12 14-18 21 | P:1A 2A 7B 8B 2 Cash By the cash that was directly paid Non-cash By all payments that are

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