Question: Telephone poles exemplify items that have varying useful lives. Telephone poles, once installed in a location, remain in useful service until one of a variety

Telephone poles exemplify items that have varying useful lives. Telephone poles, once installed in a location, remain in useful service until one of a variety of events occur.

(a) Name three reasons why a telephone pole might be removed from useful service at a particular location.

(b) You are to estimate the total useful life of telephone poles. If the pole is removed from an original location while it is still serviceable, it will be installed elsewhere. Estimate the optimistic life, most likely life, and pessimistic life for telephone poles. What percentage of all telephone poles would you expect to have a total useful life greater than your estimated optimistic life?

Step by Step Solution

★★★★★

3.47 Rating (173 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

a Some reasons why a pole might be removed from useful service 1 The pole has deteriorated and can n... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

7-B-E-M (277).docx

120 KBs Word File

Students Have Also Explored These Related Economics Questions!

Name three reasons why a desktop process might be terminated. What additional reason might cause a process running a modern application to be terminated?

An exercise physiologist used skinfold measurements to estimate the total body fat, expressed as a percentage of body weight, for 19 participants in a physical fitness program. The body fat...

A light bulb manufacturer wants to estimate the total number of defective bulbs contained in all of the boxes shipped by the company during the past week. Production personnel at this company have...

Telephone poles exemplify items that have varying useful lives. Telephone poles, once installed in a location, remain in useful service until one of a variety of events occurs. (a) Name three reasons...

Part I : There are many external users of the financial accounting information about a company. Investors, creditors, authorities, vendors, employees, and customers may all be impacted by the...

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

I have attached the Gaps financial report for 2014 which you will need to answer the questions in the assignment. 2014 ANNUAL REPORT Dear Shareholders, It's an honor to write this letter as the CEO...

\f\f\fChapter 2 Service Strategy Learning Objectives After completing this chapter, you should be able to: 1. Formulate a strategic service vision. 2. Describe how a service competes using the three...

Cedar Fair CaseCompanion Case to Six Flags CaseFrom 1998-2006 there were four large, well-funded competitors in the regional theme park industry. Inorder: Six Flags, Cedar Fair, Paramount Parks, and...

Required: Refer to the statements and notes and answer the following questions. a) What type of income statement format does the company use (single, multiple step, condensed)? Explain clearly why...

A student, Cringe Labrack, has suggested each of the faulty synthetic procedures shown in Fig. P22.73. Explain why each one cannot be expected to work. NadEt CHAI NaOEt PhBt a) CH,CH CO,Et (c OH CH...

On January 1, 2013, Bradley Recreational Products issued $100,000, 9%, four-year bonds. Interest is paid semiannually on June 30 and December 31. The bonds were issued at $96,768 to yield an annual...

Which of the following are characteristics of collectibles investments that distinguish them from financial investments? The market is relatively inefficient. The capital gain is taxed at a maximum...

On 1 July 2019, Quick Buck Ltd took control of the assets and liabilities of Eldorado Ltd. Quick Buck Ltd issued 80,000 shares having a fair value of $2.40 per share in exchange for the net assets of...

TCL TV Manufacturing company has the following summarized accounts at the end of its current month of operations. Its labor rate is $7 per hour and has worked 100,000 hours. Sales Revenue is...

Problem 1- Break-even and Target Sales Midori Copany is analyzing its cost function according to behavior with volume of activity and planning for its next year's operations. It's selling price is...

Joseph Company has an investment in assets of $450,000, income that is 10% of sales, and an ROI of 18%. From this information the amount of income would be: (A) $81,000. (B) $45,000. (C) $2,500,000.

A criticism of the accounting rate of return method is that it ignores the time value of money. Select one: True False

Describe how organisational culture is a form of control in an organisation known to you.

Pneumatics Engineering purchased a machine that had a first cost of $40,000, an expected useful life of 8 years, a recovery period of 10 years, and a salvage value of $10,000. The operating cost of...

An asset that is book-depreciated over a 5-year period by the straight line method has BV3 = $62,000 with a depreciation charge of $26,000 per year. Determine (a) The first cost of the asset (b) The...

Lee Company of Westbrook, Connecticut, manufactures pressure relief inserts for thermal relief and low-flow hydraulic pressure relief applications where zero leakage is required. A machine purchased...

Bristol Myers Squibb purchased a tablet-forming machine in 2008 for $750,000. The company planned to use the machine for 10 years; however, due to rapid obsolescence it will be retired after only 4...

A special-purpose graphics workstation acquired by Busbee Consultants has B = $50,000 with a 4-year recovery period. Tabulate the values for SL depreciation, accumulated depreciation, and book value...

Town Crier has 10.0 million shares of common stock outstanding, 2.0 million shares of preferred stock outstanding, and 10.00 thousand bonds. If the common shares are selling for $28.00 per share, the...