Business Statistics Math Unit 9 Discussion
Your business is about to make an investment in new computer equipment. The IRS puts computer equipment in a 5-year property class.
Post 1: Initial Response
Find one or more pieces of computer equipment online (computers, printers, monitors etc.) with a total price of at least $10,000. Include the URL to each item you are purchasing in your post. Complete a 5-year MACRS depreciation schedule for the total of the equipment.
Use the list price as the total cost for the asset(s). Enter years 1-6 in the table. List the MACRS rate for each year of depreciation. Use Excel formulas to calculate the annual depreciation, accumulated depreciation, and end-of-year book value for each year of depreciation. Watch this video to show you how to do this. Include the Excel spreadsheet in your post. Your name should be in cell A1.
In a summary paragraph, discuss how your chosen asset(s) will be used in your business. Do you think that a 5-year useful life is reasonable for the asset(s) you are purchasing? Why or why not?
Include these items in your post:
URL link(s) to each piece computer equipment
Completed Excel spreadsheet
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