Related Questions

Rashna Company collected the following data in its accounting records in 2014 : From the income statement : Depreciation expense Tk. 1,000 Loss on sale of equipment 3,000 From the comparative balance sheet : Beginning balance , equipment Tk. 12,500 Ending balance , equipment 8,000 Beginning balance , accumulated depreciation 2,000 Ending balance , accumulated depreciation 2,400 No new equipment was purchased during the year. The equipment was sold at the end of the year. What was the cash in -flow from the sale of equipment in 2014?
A Tk, 3,900
B Tk. 1,000
C Tk. 900
D Tk. 600
Square Company purchased a piece of equipment on January 1, 2022. The equipment cost was Tk 60,000 and had an estimated life of 8 years and a salvage value of Tk 8,000. What was the depreciation expense for the asset for 2023 under the double declining balance method?
A Tk 6,562
B Tk 6,500
C Tk 11,250
D Tk 15,000
E None of these
A board of length L feet is cut into two pieces such that the length of one piece is 1 foot more than twice the length of the other piece. Which of the following is the length, in feet, of the longer piece?
A (2L+1)/2
B (L-1)/3
C (2L+3)/3
D (2L+1)/3
Sobuj bought three pieces of material. The first piece is 1 yard 2 feet 6 inches long, the second piece is 2 yards 1 feet 5 inches long, and the third piece is 4 yards 2 feet 7 inches long. If the cost of the material is Tk. 36 per yard, how much did Sobuj spent?
A Tk. 324
B Tk. 342
C Tk. 350
D Tk. 330
In a decision to retain or replace equipment , the book value of the old equipment is a (n) -
A opportunity cost
B sunk cost
C incremental cost
D marginal cost
FM transmitting and receiving equipment as compared to AM equipment is
A Costly
B Cheaper
C Almost equally costly
D None of the above
Equipment installation cost in a chemical process plant ranges from __________ percent of the purchased equipment cost.
A 10 to 20
B 35 to 45
C 55 to 65
D 70 to 80
Following the six-tenth factor rule, if a log-log plot of capacity of the equipment vs. cost of the equipment is made, then a straight line is obtained, whose slope is equal to
A 0.1
B 0.6
C 0.2
D 0.8
The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______.
A Material cost
B Fixed cost
C First cost
D In-place value
Which type device is a piece of equipment that receives information from a CPU?
A Input
B Output
C CPU
D Memory
E Storage

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