Use the link below to download the 2023 annual report for the Walt Disney company and use this information to answer the questions. https://thewaltdisneycompany.com/app/uploads/2024/02/2023-Annual-Report.pdf Assume that at the beginning of the 2023 financial year, half of the reported cost of the PPE and half of the accumulated depreciation pertained to equipment acquired 1 year ago. Equipment is depreciated using the lower limit of the useful life range applicable to that class of PPE. Calculate the depreciation expense, accumulated depreciation and net book value for equipment for the financial year ended 2023. Answers to nearest whole number Show all workings Assume that at the beginning of the 2023 financial year, 75% of the reported cost of the PPE and 40% of the accumulated depreciation pertained to equipment acquired 1 year ago. Equipment is depreciated using the double declining balance method based on the lower limit of the useful life range applicable to that class of PPE. Calculate the depreciation expense, accumulated depreciation and net book value for equipment for the financial year ended 2023. Answers to 2 decimal places show all workings
Use the link below to download the 2023 annual report for the Walt Disney company and use
this information to answer the questions.
https://thewaltdisneycompany.com/app/uploads/2024/02/2023-Annual-Report.pdf
Assume that at the beginning of the 2023 financial year, half of the reported cost of the PPE and half of
the
using the lower limit of the useful life range applicable to that class of PPE. Calculate the depreciation
expense, accumulated depreciation and net book value for equipment for the financial year ended
2023. Answers to nearest whole number Show all workings
Assume that at the beginning of the 2023 financial year, 75% of the reported cost of the PPE and 40% of
the accumulated depreciation pertained to equipment acquired 1 year ago. Equipment is depreciated
using the double declining balance method based on the lower limit of the useful life range applicable to
that class of PPE. Calculate the depreciation expense, accumulated depreciation and net book value for
equipment for the financial year ended 2023. Answers to 2 decimal places show all workings
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