{"id":200711,"date":"2018-09-13T22:21:04","date_gmt":"2018-09-13T22:21:04","guid":{"rendered":"http:\/\/localhost\/wordpress\/index.php\/2018\/09\/13\/acct-216-week-5-homework-b\/"},"modified":"2018-10-24T08:46:17","modified_gmt":"2018-10-24T08:46:17","slug":"acct-216-week-5-homework-b","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/acct-216-week-5-homework-b\/","title":{"rendered":"ACCT 216 Week 5 Homework B"},"content":{"rendered":"<p>Suppose\u00a0the\u00a0Colorado\u00a0Avalanche\u00a0purchased\u00a0a\u00a0new\u00a0Zamboni\u00a0machine\u00a0to\u00a0scrape\u00a0the\u00a0ice\u00a0off\u00a0the\u00a0rink\u00a0between\u00a0periods.\u00a0The\u00a0Zamboni\u00a0cost\u00a0$100,000\u00a0and\u00a0has\u00a0a\u00a0useful\u00a0life\u00a0of\u00a0three\u00a0years\u00a0and\u00a0a\u00a0residual\u00a0value\u00a0of\u00a0$5,000\u00a0when\u00a0it\u00a0is\u00a0sold\u00a0to\u00a0a\u00a0minor\u00a0league\u00a0hockey\u00a0team.\u00a0The\u00a0Zamboni\u00a0is\u00a0anticipated\u00a0to\u00a0drive\u00a0352\u00a0miles\u00a0the\u00a0first\u00a0year,\u00a0375\u00a0miles\u00a0the\u00a0second\u00a0year,\u00a0and\u00a0435\u00a0miles\u00a0the\u00a0third\u00a0year\u00a0when\u00a0the\u00a0team\u00a0anticipates\u00a0winning\u00a0the\u00a0Stanley\u00a0Cup.\tRequired:\t1.Compute\u00a0the\u00a0first\u00a0years\u00a0depreciation\u00a0using\u00a0the\u00a0following\u00a0methods:\ta.Straight-line\tb.Double-declining\u00a0balance\tc.Units-of-production\u00a0method.\t2.Which\u00a0method\u00a0do\u00a0you\u00a0think\u00a0is\u00a0the\u00a0most\u00a0representative\u00a0of\u00a0accurate\u00a0depreciation\u00a0of\u00a0the\u00a0Zamboni?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Suppose\u00a0the\u00a0Colorado\u00a0Avalanche\u00a0purchased\u00a0a\u00a0new\u00a0Zamboni\u00a0machine\u00a0to\u00a0scrape\u00a0the\u00a0ice\u00a0off\u00a0the\u00a0rink\u00a0between\u00a0periods.\u00a0The\u00a0Zamboni\u00a0cost\u00a0$100,000\u00a0and\u00a0has\u00a0a\u00a0useful\u00a0life\u00a0of\u00a0three\u00a0years\u00a0and\u00a0a\u00a0residual\u00a0value\u00a0of\u00a0$5,000\u00a0when\u00a0it\u00a0is\u00a0sold\u00a0to\u00a0a\u00a0minor\u00a0league\u00a0hockey\u00a0team.\u00a0The\u00a0Zamboni\u00a0is\u00a0anticipated\u00a0to\u00a0drive\u00a0352\u00a0miles\u00a0the\u00a0first\u00a0year,\u00a0375\u00a0miles\u00a0the\u00a0second\u00a0year,\u00a0and\u00a0435\u00a0miles\u00a0the\u00a0third\u00a0year\u00a0when\u00a0the\u00a0team\u00a0anticipates\u00a0winning\u00a0the\u00a0Stanley\u00a0Cup. Required: 1.Compute\u00a0the\u00a0first\u00a0years\u00a0depreciation\u00a0using\u00a0the\u00a0following\u00a0methods: a.Straight-line b.Double-declining\u00a0balance c.Units-of-production\u00a0method. 2.Which\u00a0method\u00a0do\u00a0you\u00a0think\u00a0is\u00a0the\u00a0most\u00a0representative\u00a0of\u00a0accurate\u00a0depreciation\u00a0of\u00a0the\u00a0Zamboni?<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-200711","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/200711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=200711"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/200711\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=200711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=200711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=200711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}