ACCT 504 Week 5 Homework ( E7-15A , E7-19A , E8-20A , E9-23A , E9-29A )
( f ) Equipment was purchased at the beginning of the year for $ 25,000 . The equipment ’ s useful life is 5 years , and the residual value is $ 5,000 . Record the depreciation for this year .
Question 8.8 . ( TCO G ) Please review the following 6 ratios for Johnson Company and Lee Enterprises for the year ended 2014 , and address the 2 questions below . Instructions : This is a 2-part question . ( 1 ) Explain the meaning of each of the Johnson Company ratios above . ( 18 points ) ( 2 ) State which company performed better for each ratio . ( 18 points ) ( Points : 36 )
=================================================
ACCT 504 Week 5 Homework ( E7-15A , E7-19A , E8-20A , E9-23A , E9-29A )
For more course tutorials visit www . uophelp . com
This Tutorial contains Excel Files which can be used to solve for any values ( your Question may have different company name or values , but that can be solved using Excel file )
E 7-15A