Chapter 9 & 10 Summary

In: Business and Management

Submitted By hippiegang
Words 322
Pages 2
Ding Luo
Chapter 9 & 10 Summary
In chapter 9 we learned the 9 different formulas, for time value of money. 1. Future value of a single amount a. FV = PV X FVIF 2. Present value of a single amount b. PV = FV X PVIF c. This is to determine the present value of an amount to be received in the future. 3. Future value of an annuity d. FVA = A X FVIFA e. To determine the future value of a series of consecutive, equal payments (an annuity). 4. Present value of an annuity f. PVA= A X PVIFA 5. Annuity equaling a future value g. A = FVA ÷ FVIFA h. To determine the size of an annuity that will equal a future value. 6. Annuity equaling a present value i. A = PVA ÷ PVIFA j. Determines the size of annuity equal to a given present value. 7. Determine the yield on an investment k. PVIF = PV÷ FV (Yield – present value of a single amount) (Appendix B) l. PVIFA = PVA ÷ A (Yield- present value of an annuity) (Appendix D) m. To determine the interest rate that will equate an investment with future benefits 8. Less than annual compounding periods n. If the compounding period is more or less frequent than once a year. 9. Patterns of payment – deferred annuity o. PVA = A X PVIFA (Appendix D) p. PV = FV X PVIF (Appendix B) q. If an annuity begins in the future.
For chapter 10, I learned valuation of financial assets: bonds, preferred stock and common stock. Valuation is normally based on the concept of determining the present value of future cash flows. Then we draw on many of the time value of money techniques developed in chapter 9, inherent in the valuation process is a determination of the rate of return that investors demand. When we have found the value, we also identified what it will cost the firm to raise new…...

Similar Documents

Chapters 9-11 Summary

...Chapter 9 Summary Majority of Chapter 9, Transportation Risk Management, speaks of the Risk Management Process. The Risk Management Process breaks down into four different categories or steps. These steps, not in any particular type of order, include Risk Review and Monitoring, Risk Identity, Risk Analysis and Risk Management. In step 1, risk identification, the goal is to capture as many transportation disruption risks as possible. Some of the techniques that are used for risk identification include brainstorming, interviews, surveys, historical data and documented knowledge. Brainstorming usually can be identified as meetings that are held with knowledgeable members that participate in conversations that create new thoughts and ideas. During brainstorming, they take the original ideas and help make them into a stronger, complete list of risks. Interviews and surveys differ from brainstorming because they are used to capture transportation risk information from individuals while brainstorming is used upon a group of individuals. Historical data and documented knowledge provide a collection of information about specific transportation activities, service providers and trade lanes. (Coyle, P. 295) Some of the common transportation disruption risks include product loss, product damage, product contamination, delivery delay, supply chain interruption and security breach. Product loss consists of product pilferage, shipment jettison, piracy and hijacking. Product damage......

Words: 1792 - Pages: 8

Macroeconomics Hw Chapters 9 and 10

...Brandon Vasciannie TA: Tirgil Recitation 21 Homework for Chapter 14 List and briefly explain the advantages that money has over barter? How do the three functions of money get around the problems of barter? 1) Money is a medium of exchange, allowing it to be used to buy any of the items available in the market. Barter on the other hand exchanges items for other items, and these items are limited in what they can be traded to get. 2) Money is also a unit of account. Societies use monetary units such as dollars in an effort to measure the worth of a wide array of goods, services, and resources. In the barter system it is a lot harder to place a price on one object and the value of another item that will be exchanged for it. 3) Money is a store of value that allows people to transfer purchasing power from the present to the future. However, in the barter system the value of each particular item can vary and change over time. What backs our money? What is important about that? The money supply in the United State is backed by the government’s ability to keep the value of money relatively stable. This is important because the purchasing power of the U.S. dollar is in the government’s hand and can fluctuate. Why is the supply of money in an economy so important? Money derives its value from its scarcity relative to its utility. Therefore, the economy’s demand for money depends on the total dollar volume of transactions in......

Words: 734 - Pages: 3

Summary for Chapter 9 - “Let Your Motto Be Resistance”

...Summary for Chapter 9 - “Let Your Motto Be Resistance” Summary: This chapter discuss the causes for the militancy among black and white abolitionist. Additionally this chapter clarifies the role of African Americans in the antislavery movement. Despite the fact that there were white people that were one hundred percent anti slavery, there still was a lot of black people that felt as though they were a still the oppressors. The African Americans that had an upper hand, those that did speeches such as Henry Highland Garnet spoke upon resistance, and the immediate abolition of slavery. There were also some African Americans believe that African-American migration and nationalism was the best means to realize black aspirations. On the other hand you have most black abolitionist that disagreed with that outlook, but instead, insisting the aim of freedom in the United States. (130 words) Key Points: The American Anti-Slavery Society was considered as the umbrella organization for immediate abolitionists during the 1830s and the main Garrison organization after 1840. It was the most important organization of the 1830s. This movement was dedicated to quick, unpaid emancipation and equal rights for African Americans in the United States. This organization was major help towards abolition of slavery. (59 words) During the 1830s the AASS adopted a reform based on moral suasion. moral suasion is a tactic endorsed by the American Anti-Slavery Society during the 1830s. it appealed......

Words: 882 - Pages: 4

Acc 100 Week 10 Quiz Chapter 9

...ACC 100 WEEK 10 QUIZ CHAPTER 9 To purchase this visit here: http://www.activitymode.com/product/acc-100-week-10-quiz-chapter-9/ Contact us at: SUPPORT@ACTIVITYMODE.COM ACC 100 WEEK 10 QUIZ CHAPTER 9 Activity mode aims to provide quality study notes and tutorials to the students of ACC 100 Week 10 Quiz Chapter 9 in order to ace their studies. ACC 100 WEEK 10 QUIZ CHAPTER 9 To purchase this visit here: http://www.activitymode.com/product/acc-100-week-10-quiz-chapter-9/ Contact us at: SUPPORT@ACTIVITYMODE.COM ACC 100 WEEK 10 QUIZ CHAPTER 9 Activity mode aims to provide quality study notes and tutorials to the students of ACC 100 Week 10 Quiz Chapter 9 in order to ace their studies. ACC 100 WEEK 10 QUIZ CHAPTER 9 To purchase this visit here: http://www.activitymode.com/product/acc-100-week-10-quiz-chapter-9/ Contact us at: SUPPORT@ACTIVITYMODE.COM ACC 100 WEEK 10 QUIZ CHAPTER 9 Activity mode aims to provide quality study notes and tutorials to the students of ACC 100 Week 10 Quiz Chapter 9 in order to ace their studies. ACC 100 WEEK 10 QUIZ CHAPTER 9 To purchase this visit here: http://www.activitymode.com/product/acc-100-week-10-quiz-chapter-9/ Contact us at: SUPPORT@ACTIVITYMODE.COM ACC 100 WEEK 10 QUIZ CHAPTER 9 Activity mode aims to provide quality study notes and tutorials to the students of ACC 100 Week 10 Quiz Chapter 9 in order to ace their studies. ACC 100 WEEK 10 QUIZ CHAPTER 9 To purchase this visit......

Words: 577 - Pages: 3

Mkt 305 Wk 10 Quiz 9 Chapter 14 & 15

...MKT 305 WK 10 QUIZ 9 CHAPTER 14 & 15 To purchase this visit here: http://www.activitymode.com/product/mkt-305-wk-10-quiz-9-chapter-14-15/ Contact us at: SUPPORT@ACTIVITYMODE.COM MKT 305 WK 10 QUIZ 9 CHAPTER 14 & 15 MKT 305 WK 10 Quiz 9 Chapter 14,15 TRUE/FALSE 1. Permanent goods are goods that are consumed over long periods of time. 2. A refrigerator is an example of a durable good. 3. Nondurable goods are consumed quickly. 4. Product turnover refers to the number of times a product or service is consumed in a given time period. 5. All services are nondurable goods. 6. Temporal factors, antecedent conditions, and the physical environment are particularly influential on the consumption experience. 7. The process through which cultural meaning is transferred to a product and onto the consumer is called affect referral. 8. Meaning transference begins with culture. 9. According to the textbook, satisfaction should be the key outcome variable for marketers and consumers. 10. Value creation is the reason for a firm’s very existence. MKT 305 WK 10 QUIZ 9 CHAPTER 14 & 15 To purchase this visit here: http://www.activitymode.com/product/mkt-305-wk-10-quiz-9-chapter-14-15/ Contact us at: SUPPORT@ACTIVITYMODE.COM MKT 305 WK 10 QUIZ 9 CHAPTER 14 & 15 MKT 305 WK 10 Quiz 9 Chapter 14,15 TRUE/FALSE 1. Permanent goods are goods that are consumed over long periods of time. 2. A refrigerator is......

Words: 713 - Pages: 3

Mkt 475 Wk 10 Quiz 9 Chapter 14

...475 WK 10 QUIZ 9 CHAPTER 14 To purchase this visit here: http://www.activitymode.com/product/mkt-475-wk-10-quiz-9-chapter-14/ Contact us at: SUPPORT@ACTIVITYMODE.COM MKT 475 WK 10 QUIZ 9 CHAPTER 14 MKT 475 WK 10 Quiz 9 Chapter 14 All Questions Included... Activity Mode aims to provide quality study notes and tutorials to the students of MKT 475 WK 10 Quiz 9 Chapter 14 in order to ace their studies. MKT 475 WK 10 QUIZ 9 CHAPTER 14 To purchase this visit here: http://www.activitymode.com/product/mkt-475-wk-10-quiz-9-chapter-14/ Contact us at: SUPPORT@ACTIVITYMODE.COM MKT 475 WK 10 QUIZ 9 CHAPTER 14 MKT 475 WK 10 Quiz 9 Chapter 14 All Questions Included... Activity Mode aims to provide quality study notes and tutorials to the students of MKT 475 WK 10 Quiz 9 Chapter 14 in order to ace their studies. MKT 475 WK 10 QUIZ 9 CHAPTER 14 To purchase this visit here: http://www.activitymode.com/product/mkt-475-wk-10-quiz-9-chapter-14/ Contact us at: SUPPORT@ACTIVITYMODE.COM MKT 475 WK 10 QUIZ 9 CHAPTER 14 MKT 475 WK 10 Quiz 9 Chapter 14 All Questions Included... Activity Mode aims to provide quality study notes and tutorials to the students of MKT 475 WK 10 Quiz 9 Chapter 14 in order to ace their studies. MKT 475 WK 10 QUIZ 9 CHAPTER 14 To purchase this visit here: http://www.activitymode.com/product/mkt-475-wk-10-quiz-9-chapter-14/ Contact us at: SUPPORT@ACTIVITYMODE.COM MKT 475 WK 10 QUIZ 9 CHAPTER 14 MKT 475 WK 10 Quiz 9 Chapter......

Words: 475 - Pages: 2

Psy 110 Wk 10 Quiz 8 Chapter 9 & 10

...PSY 110 WK 10 QUIZ 8 CHAPTER 9 & 10 To purchase this visit here: http://www.activitymode.com/product/psy-110-wk-10-quiz-8-chapter-9-10/ Contact us at: SUPPORT@ACTIVITYMODE.COM PSY 110 WK 10 QUIZ 8 CHAPTER 9 & 10 PSY 110 WK 10 Quiz 8 Chapter 9,10 Match the letter with the correct definition. a. A yielding to perceived group pressure by copying the behavior and beliefs of others b. Used to test the effects of taking different stances within a group (e.g., deviant member) c. Defines social influence by number, strength, and immediacy of influencers d. A factor that increases compliance e. Involves the use of social power to change the attitudes or behavior of others. f. A technique that uses a large initial request g. Conformity, compliance, or obedience due to a desire to gain rewards or avoid punishments h. The performance of an action in response to a direct order i. Actions against influence attempts to restore freedom j. Characteristics such as expertise and power k. Publicly acting in accord with a direct request l. Characteristics such as closeness in time or space m. Used to test the effects of normative influence n. Opposition to social influence on all occasions often just to be disobedient o. Experimenter who used the teacher and learner paradigm to study obedience p. Conformity, compliance, or obedience due to a desire to gain information q. A technique that uses a bonus added to an initial offer r. Used to test the effects of both......

Words: 3565 - Pages: 15

Acc 557 Homework 3: Chapters 9 and 10

...ACC 557 Homework 3: Chapters 9 and 10 http://homeworklance.com/downloads/acc-557-homework-3-chapters-9-10/ Due Week 6 and worth 70 points Directions: Answer the following questions on a separate Microsoft Word or Excel document. Explain how you reached the answer or show your work if a mathematical calculation is needed, or both. Submit your assignment using the assignment link in Blackboard. Exercises E9-9. Presented below are selected transactions at Ridge Company for 2015. Jan. 1 Retired a piece of machinery that was purchased on January 1, 2005. The machine cost $62,000 on that date. It had a useful life of 10 years with no salvage value. June 30 Sold a computer that was purchased on January 1, 2012. The computer cost $45,000. It had a useful life of 5 years with no salvage value. The computer was sold for $14,000. Dec. 31 Discarded a delivery truck that was purchased on January 1, 2011. The truck cost $33,000. It was depreciated based on a 6-year useful life with a $3,000 salvage value. Instructions Journalize all entries required on the above dates, including entries to update depreciation, where applicable, on assets disposed of. Ridge Company uses straight-line depreciation. (Assume depreciation is up to date as of December 31, 2014.) E9-11. On July 1, 2015, Friedman Inc. invested $720,000 in a mine estimated to have 900,000 tons of ore of uniform grade. During the last 6 months of 2015, 100,000......

Words: 785 - Pages: 4

Acc 557 Homework 3: Chapters 9 and 10

...ACC 557 Homework 3: Chapters 9 and 10 http://homeworklance.com/downloads/acc-557-homework-3-chapters-9-10/ Due Week 6 and worth 70 points Directions: Answer the following questions on a separate Microsoft Word or Excel document. Explain how you reached the answer or show your work if a mathematical calculation is needed, or both. Submit your assignment using the assignment link in Blackboard. Exercises E9-9. Presented below are selected transactions at Ridge Company for 2015. Jan. 1 Retired a piece of machinery that was purchased on January 1, 2005. The machine cost $62,000 on that date. It had a useful life of 10 years with no salvage value. June 30 Sold a computer that was purchased on January 1, 2012. The computer cost $45,000. It had a useful life of 5 years with no salvage value. The computer was sold for $14,000. Dec. 31 Discarded a delivery truck that was purchased on January 1, 2011. The truck cost $33,000. It was depreciated based on a 6-year useful life with a $3,000 salvage value. Instructions Journalize all entries required on the above dates, including entries to update depreciation, where applicable, on assets disposed of. Ridge Company uses straight-line depreciation. (Assume depreciation is up to date as of December 31, 2014.) E9-11. On July 1, 2015, Friedman Inc. invested $720,000 in a mine estimated to have 900,000 tons of ore of uniform grade. During the last 6 months of 2015, 100,000......

Words: 785 - Pages: 4

Acc 100 Week 10 Quiz Chapter 9

...ACC 100 WEEK 10 QUIZ CHAPTER 9 TO purchase this tutorial visit following link: http://wiseamerican.us/product/acc-100-week-10-quiz-chapter-9/ Contact us at: SUPPORT@WISEAMERICAN.US ACC 100 WEEK 10 QUIZ CHAPTER 9 ACC 100 WEEK 10 QUIZ CHAPTER 9 TO purchase this tutorial visit following link: http://wiseamerican.us/product/acc-100-week-10-quiz-chapter-9/ Contact us at: SUPPORT@WISEAMERICAN.US ACC 100 WEEK 10 QUIZ CHAPTER 9 ACC 100 WEEK 10 QUIZ CHAPTER 9 TO purchase this tutorial visit following link: http://wiseamerican.us/product/acc-100-week-10-quiz-chapter-9/ Contact us at: SUPPORT@WISEAMERICAN.US ACC 100 WEEK 10 QUIZ CHAPTER 9 ACC 100 WEEK 10 QUIZ CHAPTER 9 TO purchase this tutorial visit following link: http://wiseamerican.us/product/acc-100-week-10-quiz-chapter-9/ Contact us at: SUPPORT@WISEAMERICAN.US ACC 100 WEEK 10 QUIZ CHAPTER 9 ACC 100 WEEK 10 QUIZ CHAPTER 9 TO purchase this tutorial visit following link: http://wiseamerican.us/product/acc-100-week-10-quiz-chapter-9/ Contact us at: SUPPORT@WISEAMERICAN.US ACC 100 WEEK 10 QUIZ CHAPTER 9 ACC 100 WEEK 10 QUIZ CHAPTER 9 TO purchase this tutorial visit following link: http://wiseamerican.us/product/acc-100-week-10-quiz-chapter-9/ Contact us at: SUPPORT@WISEAMERICAN.US ACC 100 WEEK 10 QUIZ CHAPTER 9 ACC 100 WEEK 10 QUIZ CHAPTER 9 TO purchase this tutorial visit following link: http://wiseamerican.us/product/acc-100-week-10-quiz-chapter-9/ Contact us......

Words: 646 - Pages: 3

Read on Chapter 9 and 10

...Read on Chapter 9 and 10 Click Link Below To Buy: http://hwcampus.com/shop/6172/ Business W-3120 Read Chapter 9 and 10,answer the qustions.What do you think is the toughest question to get in an interview? How would you answer that question? Detailed responses. Please write more detailes and more words. Chapter 9 Understanding the Report Process and Research Methods Chapter 9 Understanding the Report Process and Research Methods Learning Objectives 1. 2. 3. 4. 5. Identify the characteristics of a report and the various classifications of business reports. Apply steps in the problem-solving process and methods for solving a problem. Use appropriate printed, electronic, and primary sources of information. Demonstrate appropriate methods of collecting, organizing, and referencing information. Explain techniques for the logical analysis and interpretation of data. Chapter Overview After having studied informal communications including letters, memos, and electronic communication, students seem to understand the objective and formal nature of reports simply because of the contrast. Chapter 9 follows a sequence that begins with report characteristics and then covers the four steps in problem solving. Methods of research are presented, with considerable attention given to sampling and designing survey instruments used in normative surveys. Information is included for locating both printed and electronic sources of information. Chapter......

Words: 425 - Pages: 2

Psy 110 Week 10 Quiz 8 Chapter 9 & 10

...PSY 110 WEEK 10 QUIZ 8 CHAPTER 9 & 10 To purchase this tutorial visit here: http://wiseamerican.us/product/psy-110-week-10-quiz-8-chapter-9-10/ contact us at: SUPPORT@WISEAMERICAN.US PSY 110 WEEK 10 QUIZ 8 CHAPTER 9 & 10 Match the letter with the correct definition. a. A yielding to perceived group pressure by copying the behavior and beliefs of others b. Used to test the effects of taking different stances within a group (e.g., deviant member) c. Defines social influence by number, strength, and immediacy of influencers d. A factor that increases compliance e. Involves the use of social power to change the attitudes or behavior of others. f. A technique that uses a large initial request g. Conformity, compliance, or obedience due to a desire to gain rewards or avoid punishments h. The performance of an action in response to a direct order i. Actions against influence attempts to restore freedom j. Characteristics such as expertise and power k. Publicly acting in accord with a direct request l. Characteristics such as closeness in time or space m. Used to test the effects of normative influence n. Opposition to social influence on all occasions often just to be disobedient o. Experimenter who used the teacher and learner paradigm to study obedience p. Conformity, compliance, or obedience due to a desire to gain information q. A technique that uses a bonus added to an initial offer r. Used to test the effects of both informational and normative......

Words: 293 - Pages: 2

Bus 100 Week 9 Quiz 10 Chapter 15 Str Latest

...BUS 100 WEEK 9 QUIZ 10 CHAPTER 15 STR LATEST TO purchase this tutorial visit following link: http://wiseamerican.us/product/bus-100-week-9-quiz-10-chapter-15-str-latest/ Contact us at: SUPPORT@WISEAMERICAN.US BUS 100 WEEK 9 QUIZ 10 CHAPTER 15 STR LATEST BUS 100 WEEK 9 QUIZ 10 CHAPTER 15 STR LATEST TO purchase this tutorial visit following link: http://wiseamerican.us/product/bus-100-week-9-quiz-10-chapter-15-str-latest/ Contact us at: SUPPORT@WISEAMERICAN.US BUS 100 WEEK 9 QUIZ 10 CHAPTER 15 STR LATEST BUS 100 WEEK 9 QUIZ 10 CHAPTER 15 STR LATEST TO purchase this tutorial visit following link: http://wiseamerican.us/product/bus-100-week-9-quiz-10-chapter-15-str-latest/ Contact us at: SUPPORT@WISEAMERICAN.US BUS 100 WEEK 9 QUIZ 10 CHAPTER 15 STR LATEST BUS 100 WEEK 9 QUIZ 10 CHAPTER 15 STR LATEST TO purchase this tutorial visit following link: http://wiseamerican.us/product/bus-100-week-9-quiz-10-chapter-15-str-latest/ Contact us at: SUPPORT@WISEAMERICAN.US BUS 100 WEEK 9 QUIZ 10 CHAPTER 15 STR LATEST BUS 100 WEEK 9 QUIZ 10 CHAPTER 15 STR LATEST TO purchase this tutorial visit following link: http://wiseamerican.us/product/bus-100-week-9-quiz-10-chapter-15-str-latest/ Contact us at: SUPPORT@WISEAMERICAN.US BUS 100 WEEK 9 QUIZ 10 CHAPTER 15 STR LATEST BUS 100 WEEK 9 QUIZ 10 CHAPTER 15 STR LATEST TO purchase this tutorial visit following link: http://wiseamerican.us/product/bus-100-week-9-quiz-10-chapter-15-str-latest/ Contact us......

Words: 282 - Pages: 2

Acc 100 Week 10 Quiz Chapter 9

...ACC 100 WEEK 10 QUIZ CHAPTER 9 TO purchase this tutorial visit following link: http://wiseamerican.us/product/acc-100-week-10-quiz-chapter-9/ Contact us at: SUPPORT@WISEAMERICAN.US ACC 100 WEEK 10 QUIZ CHAPTER 9 ACC 100 WEEK 10 QUIZ CHAPTER 9 TO purchase this tutorial visit following link: http://wiseamerican.us/product/acc-100-week-10-quiz-chapter-9/ Contact us at: SUPPORT@WISEAMERICAN.US ACC 100 WEEK 10 QUIZ CHAPTER 9 ACC 100 WEEK 10 QUIZ CHAPTER 9 TO purchase this tutorial visit following link: http://wiseamerican.us/product/acc-100-week-10-quiz-chapter-9/ Contact us at: SUPPORT@WISEAMERICAN.US ACC 100 WEEK 10 QUIZ CHAPTER 9 ACC 100 WEEK 10 QUIZ CHAPTER 9 TO purchase this tutorial visit following link: http://wiseamerican.us/product/acc-100-week-10-quiz-chapter-9/ Contact us at: SUPPORT@WISEAMERICAN.US ACC 100 WEEK 10 QUIZ CHAPTER 9 ACC 100 WEEK 10 QUIZ CHAPTER 9 TO purchase this tutorial visit following link: http://wiseamerican.us/product/acc-100-week-10-quiz-chapter-9/ Contact us at: SUPPORT@WISEAMERICAN.US ACC 100 WEEK 10 QUIZ CHAPTER 9 ACC 100 WEEK 10 QUIZ CHAPTER 9 TO purchase this tutorial visit following link: http://wiseamerican.us/product/acc-100-week-10-quiz-chapter-9/ Contact us at: SUPPORT@WISEAMERICAN.US ACC 100 WEEK 10 QUIZ CHAPTER 9 ACC 100 WEEK 10 QUIZ CHAPTER 9 TO purchase this tutorial visit following link: http://wiseamerican.us/product/acc-100-week-10-quiz-chapter-9/ Contact us......

Words: 266 - Pages: 2

Acc 557 Homework 3: Chapters 9 and 10

...ACC 557 Homework 3: Chapters 9 and 10 Follow Below Link to Download Tutorial http://homeworklance.com/downloads/acc-557-homework-3-chapters-9-10/ For More Information Visit Our Website ( http://homeworklance.com/ ) Email us At: Support@homeworklance.com or lancehomework@gmail.com Due Week 6 and worth 70 points Directions: Answer the following questions on a separate Microsoft Word or Excel document. Explain how you reached the answer or show your work if a mathematical calculation is needed, or both. Submit your assignment using the assignment link in Blackboard. Exercises E9-9. Presented below are selected transactions at Ridge Company for 2015. Jan. 1 Retired a piece of machinery that was purchased on January 1, 2005. The machine cost $62,000 on that date. It had a useful life of 10 years with no salvage value. June 30 Sold a computer that was purchased on January 1, 2012. The computer cost $45,000. It had a useful life of 5 years with no salvage value. The computer was sold for $14,000. Dec. 31 Discarded a delivery truck that was purchased on January 1, 2011. The truck cost $33,000. It was depreciated based on a 6-year useful life with a $3,000 salvage value. Instructions Journalize all entries required on the above dates, including entries to update depreciation, where applicable, on assets disposed of. Ridge Company uses straight-line depreciation. (Assume depreciation is up to date as of......

Words: 810 - Pages: 4