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Financial Accounting Harrison Solution Manual Chapter 7

In: Business and Management

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Chapter 7

Plant Assets & Intangibles

Short Exercises

(5 min.) S 7-1

|1. |Property and Equipment, at Cost | |
| | |Millions |
| |Aircraft………………………………………………… |$ 2,392 |
| |Package handling and ground support | |
| | equipment………………………………………… |12,229 |
| |Computer and electronic equipment……………. |28,159 |
| |Vehicles………………………………………………. |581 |
| |Facilities and other…………………………………. | 1,432 |
| | Total cost………………………………………….. |44,793 |
| |Less: Accumulated depreciation…………………. | (14,900) |
| | Net property and equipment…………………… |$29,893 |

|2. |Cost = $44,793 million | |
| |Book value = $29,893 million…...

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