Lead the requirements. 48,000,000 2 x (1.5) Requirement 2. Show the airplane's book value at the end of the first year f
Posted: Sun Jul 03, 2022 1:16 pm
- Lead The Requirements 48 000 000 2 X 1 5 Requirement 2 Show The Airplane S Book Value At The End Of The First Year F 1 (28.03 KiB) Viewed 10 times
- Lead The Requirements 48 000 000 2 X 1 5 Requirement 2 Show The Airplane S Book Value At The End Of The First Year F 2 (33.71 KiB) Viewed 10 times
- Lead The Requirements 48 000 000 2 X 1 5 Requirement 2 Show The Airplane S Book Value At The End Of The First Year F 3 (33.71 KiB) Viewed 10 times
- Lead The Requirements 48 000 000 2 X 1 5 Requirement 2 Show The Airplane S Book Value At The End Of The First Year F 4 (30.79 KiB) Viewed 10 times
- Lead The Requirements 48 000 000 2 X 1 5 Requirement 2 Show The Airplane S Book Value At The End Of The First Year F 5 (28.25 KiB) Viewed 10 times
On January 1, 2024, Logan Services purchased a used airplane for $48,000,000 Logan Services expects the plane to remain useful for five years (4,000,000) and to have a residual value of $4,000,000. The company expects the plane to be flown 1,300,000 miles during the first year Read the requirements. Requirement 1a. Compute Logan Services's first-year depreciation expense on the plane using the straight-ine method Begin by selecting the formula to calculate the company's first-year depreciation expense on the plan using the straight-line method. Then enter the amounts and calculate the depreciation for the first year.. Cost 48,000,000 ($ Residual value 4,000,000 Straight-ine depreciation 8.800,000 S Requirement 1b. Compute Logan Services's first-year depreciation experise on the plane using the units of production method Before calculating the first-year depreciation expense on the plane using the units-of-production method, calculate the depreciation expense per un Select the formula, then enter the amounts and calculate the depreciation per une Help me solve this a Etext pages (+3 Get more help. B Useful fo Media- C Clear all Check answer MY 20 100002
PAISTUIMETHODS fami) VNG HAY SANG CHO MÁY HÚT KHÁCH HỌ CHỌN VÀ HOẠT TẠI ĐỊA PHÁT HÀNH BAN HANG CHO MAI SANH DI ĐI VINH VÀO N enter the amounts and calculate the depreciation per unit. Residual value 4,000,000 Now, select the formula, enter the amounts, and calculate the company's first-year depreciation expense on the plane using the units-of-production method Depreciation per unit Units-of-production depreciation nhà thật là tinh thu tại formula, then Cost 48,000,000 Help me solve this pe here to search Current year usage 1,300,000 Etext pages 1)+ 3- 11 14.300.000 Requirement 1c. Compute Logan Services's first-year depreciation expense on the plane using the double-declining-balance method Begin by selecting the formula to calculate the company's first-year depreciation expense on the plane using the double-declining balance method. Then enter the Useful life in units 4,000,000 Hi Media. Get more help- Depreciation per unit 11 5 Clear all Check answer 84'F 8:00 PM 1/2/2022
2x (1-Useful life) 2 x (1+5) $ 0 Requirement 2. Show the airplane's book value at the end of the first year for all three methods. Straight-Line Units-of-production ($ Cost 48,000,000 Cost Less: Accumulated Depreciation Book Value Help me solve this mere to search Accumulated depreciation )* Etext pages (8,800,000) 88000000 Get more help. Media - I e Double-declining = balance depreciation 19,200,000 $ Double-declining-balance 0 (19,200,000) Clear all Check answer 84°F A 8:00 PM 7/2/2022