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Q A compary acquires a new machine on danuary 1,2015 and captalkes acquisition cests of 515,000 . The machine has an expected useful life of 6 years. Using straightline depreciation, what is the machine's book valve on Janyary 1.2017 ? 12,000300010,0005000 QUESTION 7 Q. ABC Com. has 110 units of invertory .60 were purchased on. Apri 15 and have a unit cost of $5.00.60 were purchased on May 1 and have a unit cost of $5.20. On May 3. ABC sels 55 units of this product Using the FIFO (first-in, first-oul) cost fow assuenption, what COGS should ABC recognize for the May 3 sale of 55 units? 277.50 27550 276 275 Q. A colkge spods beam offers season tickets priced at 550 each, which entte subseribers to attend all 5 home games. Before the season starts, the team sells 500 season bickets. What is the teamis unearmed revenue lablity AFTER ploying the frst two games? A. 20,000 B. 15.000 C. 10.000 0,5,000 QUESTION 9 Q. A company iasues bonds having a face value of $1 milion and a stated interest rase of 5 percent. The bonds mature in 5 years and pay interest semi- annually How much cash interest do these bonds poy every 6 morths? A. $0.000 0. 25,000 C. 15.000 D. 20.000 Q A compary acquires a new machine on danuary 1,2015 and captalkes acquisition cests of 515,000 . The machine has an expected useful life of 6 years. Using straightline depreciation, what is the machine's book valve on Janyary 1.2017 ? 12,000300010,0005000 QUESTION 7 Q. ABC Com. has 110 units of invertory .60 were purchased on. Apri 15 and have a unit cost of $5.00.60 were purchased on May 1 and have a unit cost of $5.20. On May 3. ABC sels 55 units of this product Using the FIFO (first-in, first-oul) cost fow assuenption, what COGS should ABC recognize for the May 3 sale of 55 units? 277.50 27550 276 275 Q. A colkge spods beam offers season tickets priced at 550 each, which entte subseribers to attend all 5 home games. Before the season starts, the team sells 500 season bickets. What is the teamis unearmed revenue lablity AFTER ploying the frst two games? A. 20,000 B. 15.000 C. 10.000 0,5,000 QUESTION 9 Q. A company iasues bonds having a face value of $1 milion and a stated interest rase of 5 percent. The bonds mature in 5 years and pay interest semi- annually How much cash interest do these bonds poy every 6 morths? A. $0.000 0. 25,000 C. 15.000 D. 20.000