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Author Question: Identify which of the following items is classified as capital assets.a.New Ultrasound equipment for ... (Read 61 times)

byomi

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Question 1

Marple Industries is evaluating a capital project with a net initial investment of $120,000. The project is expected to generate net cash inflows of $15,000 each year. Calculate the payback period for the project.

Question 2

Identify which of the following items is classified as capital assets.

a.New Ultrasound equipment for pediatric department of General Hospital
b.Depreciation on hospital equipment
c.Fitness equipment at local gym
d.Land held for future development
e.Cost of painting factory building
f.Manufacturing overhead
g.Recycle machine purchased by local waste management center
h.Steel used to produce automobiles
i.Laser machine used in factory to cut marble
j.Salary of computer technician


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Marked as best answer by byomi on Feb 5, 2023

Khareemom14

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byomi

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Reply 2 on: Feb 5, 2023
Excellent


kjohnson

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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