Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. what were the total cost and book value of propert

what were the total cost and book value of property plant and equipment at december...

90.2K

Verified Solution

Question

Accounting

what were the total cost and book value of property plant and equipment at december 31,2011?

depreciation is computed for financial reporting purposes by use of the straight-line method based on useful lives of 20 to 35 yeras for buildings and 5 to 20 years for machinery and equipment. depreciation expences was $19,229, 18,279 and 17,862 in 2011, 2010 and respectively. when land is 21,939 buildings 107567 and machinery and equipment 322993 in 2011.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

Sally’s Toyota Corolla is an old car but it served her well. She is planning to...

Chemistry
1.2K views

five thousand kilograms of coal/h is combusted with 3000 kg mol of air/h. assume the following...

Physics
1.2K views

Draw the equipotential and electric field line patterns for the following configurations: 1. A parallel plate capacitor 2....

Physics
1.2K views

A mass M is suspended by a spring having a spring constant K In equilibrium...

Basic Math
1.2K views

Mrs Imperiale s credit card has an APR of 13 2 She does not ever...

Basic Math
1.2K views

Find all real numbers that satisfy the equation. Round approximate answers to the nearest hundredth.2...

Algebra
1.2K views

Question No 2 For which real values of a do the polynomials P t at...

Accounting
1.2K views

Write a lingo code ( compact form ) for the following example... no need for...

Accounting
1.2K views

Congratulations! You've won a state lotto! The state lottery offers you the following (after-tax) payout...

Accounting
1.2K views

GF500 Financial Institutions and Markets Accounting Capital Investments 2 An asset initially costs $100,000. It...

Accounting
1.2K views

Voyage Sail Makers manufactures sails for sailboats. The company has the capacity to produce 37,000...

Finance
1.2K views

Suppose Samsung has to pay Apple $28 million per year for the next 27 years...