Discussion Post: Fixed Asset
• Identify a type of company in your pathway that might purchase fixed assets (see suggestions below).
• List 5 fixed assets that they might purchase to run their business.
• Select one depreciable fixed asset. Based on research suggest what the cost, residual value and estimated life might be for that fixed asset.
• Using your assumptions above, calculate:
o Straight-line depreciation and book value for each of the first two years
o Declining Balance depreciation and book value for each of the first two years
o Units of Production depreciation (make assumptions about the first two year's use), and book value for each of the first two years.
• Suggest which depreciation method might be more appropriate and why.
The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.
Examples of sectors/industries in pathways could be:
o AHCD: Media, Dance, Theater, Film production, Graphics design or Architecture
o Business: Tourism/Leisure, Telecommunications, Retailers, Computers, Equipment, Food and Beverage Products, Real Estate, Technology Hardware, Toys, Commercial Services, Financial Services, any business is acceptable
o Education: Non-Profit Services, Public Agency, Child care, Charter schools, Universities
o Health Sciences: Health Care Services, Healthcare Products, Hospital, Household Products, Chemicals
o IMCT: Aviation, Construction, Construction Materials, Logistics, Automotive, Mining
o Public Safety: Equipment providers for the industry, Public Agency, Non-Profit Services
o STEM: Engineering, Computers. Chemicals, Energy, Energy Utilities, Technology Hardware
o SGSHS: Healthcare Services, Non-Profit Services, Media, Public Agency.