Composite life of assets
Not what you're looking for?
A schedule of machinery owned by Rain Bird Manufacturing Company is as follows:
Estimated Estimated
Total Cost Salvage Value Life in Years
Machine A $450,000 $30,000 6
Machine B 170,000 10,000 8
Machine C 40,000 0 4
Rain Bird computes composite depreciation on the straight-line method. What is the composite life of these assets?
o 6.2
o 6.6
o 6.0
o 7.5
Purchase this Solution
Solution Summary
The solution explains how to calculate the composite life of assets
Purchase this Solution
Free BrainMass Quizzes
Operations Management
This quiz tests a student's knowledge about Operations Management
Employee Orientation
Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.
SWOT
This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.
Six Sigma for Process Improvement
A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.
Production and cost theory
Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.