HomeworkSuppose the Atlanta Falcons purchased a new set of goal posts for $20,000 each.

If you can please help me with my homework assignment i dont really understand. Please find the attachment

thanks.

ACCT216Week 5 HomeworkSuppose the Atlanta Falcons purchased a new set of goal posts for $20,000 each. The Falconsexpect the goal posts to have a useful life of ±ve years and a salvage value of $1,000 each whenthey sell them to a local high school.Required:1.Compute the ±rst years deprecia²on using the following methods:a.Straight-lineb.Double-declining balance2.Suppose the team depreciates the asset based on number of goals scored. The teaman²cipates goals to be 40 in the ±rst year, 46 in the second year, 38 in the third, 50 inthe fourth when they win the Super Bowl, and 45 in the ±³h year. Compute their±rst year deprecia²on using the units-of-produc²on method.3.Which method do you think is the most representa²ve of accurate deprecia²on ofthe goal posts?
Background image of page 1
 
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"

scenario in Ethics Case (page 2). Your memo (not more than one page long) must be typed and reflect a professional presentation

scenario in Ethics

Case (page 2). Your memo (not more than one page long) must be typed and

reflect a

professional presentation. You will write the memo to Ginger Delatte, who will be playing the

role of a Senior Manager in the CPA firm auditing Q Graphics.

For clarification, Q Graphics is deciding how to finance the purchase of the machine from a

Swiss firm.

MEMO FORMAT: Microsoft Word offers standard templates for a “to-from” memo or you can

use your own format. However, each memo must have the following.

 Heading

o To: Ginger Delatte, Senior Manager

o From:

o Date:

o Re: A general description of the issue(s) the memo addresses

 Text. This should a) briefly describe the purpose of the memo, i.e., the issue that is being

addressed and b) answer the questions. Consider the Easton textbook your source of

authoritative guidance regarding US GAAP.

REQUIREMENTS: Prepare a “to-from” memo to answer the questionsin the scenario in EthicsCase (page 2). Your memo (not more than one page long) must be typed andrefect aproFessional presentation. You will write the memo to Ginger Delatte, who willbe playing therole oF a Senior Manager in the CPA ±rm auditing Q Graphics.²or clari±cation, Q Graphics is deciding how to ±nance the purchase oF themachine From aSwiss ±rm.MEMO FORMAT: Microsoft Word o±ers standard templates for a “to-from” memo or you canuse your own format. However, each memo must have the following. Headingo To: Ginger Delatte, Senior Managero From:o Date:o Re: A general description of the issue(s) the memo addresses Text. This should a) brie²y describe the purpose of the memo, i.e.,the issue that is beingaddressed and b) answer the questions. Consider the Eastontextbook your source ofauthoritative guidance regarding US GAAP.Ethics CaseQ Graphics is a privately held company specializing in package labels.Representatives oF the±rm have just returned From Switzerland, where Swiss ±rm is manuFacturinga custom-madehigh speed, color labeling machine. Con±dence is high that the new machinewill help rescueBricker From sharply declining pro±tability. Q’s chieF operating o³cer, DonBenson, has beenunder ±re For not reaching the company’s perFormance goals oF achieving arate oF return onassets oF at least 12%.The aFternoon oF his return From Switzerland, Benson called Susan Sharp intohis o³ce. Susan isQ’s Controller.Benson: I wish you had been able to go. We have some accounting issues toconsider.
 
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"

How do you distinguish a partnership from a corporation? How do you distinguish a public partnership from a public corporation?

How do you distinguish a partnership from a corporation? How do you distinguish a public partnership from a public

corporation?

 
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"

Please write a four-to-six sentence paragraph on the following quesTons.a.What is the diFerence between an exempt and non-exempt employee?b.How would you decide whether to hire

If you can please help me with question number 2. only. Please see attachment.

ACCT216Week 7 Homework1.Please write a four-to-six sentence paragraph on the following quesTons.a.What is the diFerence between an exempt and non-exempt employee?b.How would you decide whether to hire someone as an employee or independentcontractor?2.Cindy Lou makes $30,000 per year as an exempt employee. She worked 15 hours ofoverTme in the month of September. Payday for wages earned in the month of September isOctober 7. Ignoring ±ederal and State income tax withholdings, how much would she receivefor September net of Social Security and Medicare taxes? What journal entry would be madeon September 30 for wages owed to Cindy? What journal entry would be made when she ispaid on October 7?
 
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"