(excluding VAT). The total transportation and testing cost is 5 million VND. Their estimated useful life is 5 years. Required: 1. You are asked to create a depreciation table for these equipments‚ using these following methods: a. Straight line method b. Double declining balance method c. Sum of years’ digits method 2. Compare their depreciation expenses and rates‚ then comment on their capital recovery rates. (Assume that this enterprise pay VAT by the tax deduction method) EXERCISE 2 A forestry
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Medical Equipment Introduction Mexico imported medical equipment‚ instruments‚ disposable and dental products worth US $3.5 billion in 2010. This represented 90 percent of the medical equipment and instrument market and 2 percent of the disposables. Of these imports 57 %‚ or US$ 2 billion‚ were of U.S. origin. The main foreign suppliers of medical devices are Belgium‚ Brazil‚ Canada‚ China‚ France‚ Germany‚ Israel‚ Italy‚ Japan‚ Netherlands‚ South Korea and UK. U.S. medical products are highly
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measurements. We used the materials and equipment that we had to make all of our measurements. We had to deal with significant figures and also‚ we had to designate each measurement with its proper unit. The objective of this lab was to use all of our equipment we had and make the most accurate measurements as possible. Secondly‚ we had to put each measurement and convert it to the unit that had been asked for. Materials: Water Equipment: The equipment we used were things such as paper clips
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The reason you should always have your proper equipment and be in the proper uniform is because if your not it can result in not being well prepared for the mission‚ which could ultimately result in mission failure and even worse loss of life. At training today I was unprepared to train today because we were told that if we were gunners that we were required to have a whistle on us at all times today and that it was going to be used to stop intersections and gain peoples’ attention‚ in a combat environment
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Plant and Equipment Property‚ Plant and Equipment I- Nature of Accounting Issues Businesses purchase and use a variety of fixed assets‚ such as equipment‚ furniture‚ tools‚ machinery‚ buildings‚ and land. These fixed assets are long-term or relatively permanent assets. Also‚ they are tangible assets because they exist physically. They are owned and used by the business and are not offered for sale as part of normal operations. Perhaps the most descriptive titles these assets are known under are
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Depreciation: Airplanes and Garbage Trucks Part I: Airplanes Assume that on January 1‚ 2005‚ each of the three airlines purchases a new Boeing 757 for $75 million. Each airline estimates that the residual value will be 5% of cost. Each airline uses the average depreciation period that is consistent with its policies as stated in the Appendix‚ found on page 3. On January 1‚ 2009‚ each firm sells the plane. First‚ assume that Northwest sells its plane for $55 million‚ Delta sells its plane
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Discussion Q’s Why might the companies be using different depreciation methods? Average age of Delta’s aircraft = 8.8yrs; Average age of Sing Aircraft = 5.1yrs. The useful life of an airplane may be much less for Singapore since one of their competitive advantages is flying a modern fleet. How could you argue for Delta changing its depreciation assumptions? Against? Perhaps Delta changes its assumptions because technologically newer aircraft now tend to last longer than technologically older
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INTRODUCTION Philippines are known for its beautiful scenery and friendly people‚ it is known as well for its delicious food. Among these foods is what we called “kakanin”‚ a native delicacy that are serves as desserts. Parties and celebrations seem not perfect without these Filipino desserts. What is more interesting about them is that they vary from one area to another in terms of ingredients. Another thing is that a lot of Filipino or the senior citizens know how to to make desserts as they
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Depreciation at Delta Air Lines and Singapore Airlines Acct 531 – Intermediate Finance Acct 1 SECTION 1 – 13WQ Instructor: John V. Merle‚ MBA February 27‚ 2013 Emma Waage Roarke Stone Tim Gould Introduction Depreciation expense is the way that the use of an asset is matched with the revenue that is generated from the asset on the income statement during the time period being reported. Each asset used in a business has a useful life as disclosed by the company’s depreciation
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Known operating system security flaw in Microsoft® Windows®‚ Mac OS X®‚ Linux®‚ or UNIX® Lance Branford POS/355 January 13‚ 2015 Eugene Gorbatov Known operating system security flaw in Microsoft® Windows®‚ Mac OS X®‚ Linux®‚ or UNIX® In describing known operating security with in the operating systems. I will be describing how the systems are compromised how to counter the attack and what the attack does to the system. In the UNIX systems the vulnerability named shellshock which is a command line
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