DEVRY ACCT 216 Week 5 Homework B - PowerPoint PPT Presentation

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DEVRY ACCT 216 Week 5 Homework B

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Title: DEVRY ACCT 216 Week 5 Homework B


1
DEVRY ACCT 216 Week 5 Homework B
  • Check this A tutorial guideline at
  •  
  • http//www.assignmentcloud.com/acct-216/acct-216-w
    eek-5-homework-b
  • For more classes visit
  • http//www.assignmentcloud.com
  •  
  • Suppose the Atlanta Falcons purchased a new set
    of goal posts for 20,000 each. The Falcons
    expect the goal posts to have a useful life of
    five years and a salvage value of 1,000 each
    when they sell them to a local high
    school.RequiredCompute the first years
    depreciation using the following
    methods2.Suppose the team depreciates the asset
    based on number of goals scored. The team
    anticipates goals to be 40 in the first year, 46
    in the second year, 38 in the third, 50 in the
    fourth when they win the Super Bowl, and 45 in
    the fifth year. Compute their first year
    depreciation using the units-of-production
    method.3.Which method do you think is the most
    representative of accurate depreciation of the
    goal posts?
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