This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: On January 1, 2011, Swinger, Inc. purchases a batting machine for 240,000 that has an estimated ... (Read 107 times)

mwit1967

  • Hero Member
  • *****
  • Posts: 501
on: Jul 5, 2018
On January 1, 2011, Swinger, Inc. purchases a batting machine for 240,000 that has an estimated useful life of 5 years and an expected residual value of 20,000. Calculate the amount of accumulated depreciation at December 31, 2012.
 
  A) 48,000
  B) 88,000
  C) 172,000
  D) 152,000

Question 2

The value of ending inventory using LIFO is
 a. 1,250
  b. 1,350
  c. 1,375
  d. 1,150


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

JYan

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jul 5, 2018
Answer to Question 1

B

Answer to Question 2

d


mwit1967

  • Member
  • Posts: 501
Reply 2 on: Jul 5, 2018
:D TYSM

rleezy04

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Biology Forums (Aug. 2011) Biology Forums (Aug. 2011)
fMRI Machine It is not until after toddlerhood that most children can lie still long enough to have fMRI Machine It is not until after toddlerhood that most children can lie still long enough to have
a) Standard PCR machine used for genotyping and (b) agarose gel to detect DNA fragments. a) Standard PCR machine used for genotyping and (b) agarose gel to detect DNA fragments.
Ecg MACHINE Ecg MACHINE
ECG machine. ECG machine.
ECG machine ECG machine
Video: Stomach peristalsis & Enterogastric reflex

For a complete list of videos, visit our video library