MS303_Assignment%207

MS303_Assignment%207 - 6,509.63 5 42,312.59 5,641.68...

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

View Full Document Right Arrow Icon
Page 1 of 3 MS 303 ASSIGNMENT 7 7-8 Basis = $75,000 and SV N = $15,000. Find d 3 and BV 5 . (a) d 3 = d k = (B-SV N )/N=($75,000-$15,000)/15=$4,000 BV 5 = $75,000 − (5)($4,000) = $55,000 (b) Year, k (1) (2) (3) (4) Beginning of Year BV a Depreciation Method Depreciation Amount Selected d 200% Declinining Balance Method b Straight-Line Method c 1 75,000.00 10,000.00 4,000.00 10,000.00 2 65,000.00 8,666.67 3,571.43 8,666.67 3 56,333.33 7,511.11 3,179.49 7,511.11 4 48,822.22 6,509.63 2,818.52
Background image of page 1

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

View Full DocumentRight Arrow Icon
Background image of page 2
Background image of page 3
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 6,509.63 5 42,312.59 5,641.68 2,482.96 5,641.68 a ( Column 1 for year k − column 4 for year k) = (the entry in column 1 for year k+1) b Column 1 x (2 / 15) c Column 1 minus estimated SV N divided by remaining years from the beginning of the current year through the fifteenth year. d Select the larger amount of column 2 or column 3. From the above table, d 3 = $7,511.11 and BV 5 = $42,312.59− $5,641.68= $36,670.91 Page 2 of 3 Page 3 of 3...
View Full Document

Page1 / 3

MS303_Assignment%207 - 6,509.63 5 42,312.59 5,641.68...

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