Solution Manual for Fundamental Accounting Principles Volume 1 17th Canadian Edition By Kermit D. Larson, Heidi Dieckmann, John Harris

SOLUTION MANUAL FOR PRINCIPLES
OF CORPORATE FINANCE 14TH EDITION
BY RICHARD BREALEY, STEWART
MYERS, FRANKLIN ALLEN AND ALEX
EDMANS LATEST UPDATE 2025/2026 A+

,Chapter 9-18
CHAPTER 9
Long-Lived Assets


LEARNING OBJECTIVES
1. Calculate the cost of property, plant, and equipment.
2. Apply depreciation methods to property, plant, and
equipment.
3. Explain the factors that cause changes in periodic depreciation and
calculate revised depreciation for property,plant, and equipment.
4. Demonstrate how to account for property, plant, and
equipment disposals.
5. Record natural resource transactions and compute depletion.
6. Identify the basic accounting issues for intangible assets and
goodwill.
7. Illustrate the reporting and analysis of long-lived assets.

,Summary of Questions by LEARNING OBJECTIVES and Bloom„s Taxonomy

Item LO BT Item LO BT Item LO BT Item LO BT Item LO BT
Questions
1. 1 K 6. 2 C 11. 3 C 16. 4 K 21. 6 C
2. 1 K 7. 2 K 12. 3 K 17. 4 C 22. 6 C
3. 1 C 8. 2 C 13. 3 C 18. 5 K 23. 7 K
4. 1 C 9. 2,3 K 14. 4 C 19. 5 C 24. 7 C
5. 1 C 10. 3 C 15. 4 C 20. 6 C
Brief Exercises
1. 1 AP 6. 2 AP 11. 3 AP16. 5 AP 21. 7 AN
2. 1 AP 7. 2 AP 12. 3 AP17. 5,7 AP
3. 1 K 8. 2 AP 13. 4 AP18. 6 AP
4. 1 AP 9. 2 AP 14. 4 AP19. 6,7 AP
5. 2 AP 10. 2 AP 15. 4 AP20 7 AP
Exercises
1. 1 AP 5. 2 AP 9. 3 AP13. 5 AP 17 2,7 AP
2. 1,2 AP 6. 2 AP 10. 3 AP14. 1,2,6 AP 18. 7 AN
3. 1,2 C 7. 2 AP 11. 4 AP15. 6 AP
4. 2 AP 8 3 AP 12. 4 AP16. 6 AP
Problems
1. 1 AP 4. 1,3 AP 7. 1,2,3,4 AP10. 2,4,7 AP 13. 3,5,7 AP
2. 1,2 AP 5. 2 AP 8. 2,4 AP11. 6 AP 14. 7 AN
3. 1,2 AP 6. 3 AP 9. 2,4 AP12. 6,7 AP

Legend: The following abbreviations will appear throughout the solutions manual
file.

LO Learning objective
Bloom's
BT Taxonomy
K Knowledge
C Comprehension
AP Application
AN Analysis
S Synthesis
E Evaluation
Difficulty: Level of difficulty

, S Simple
M Moderate
C Complex
Time: Estimated time to complete in minutes
AACSB Association to Advance Collegiate Schools of Business
Communication Communication
Ethics Ethics
Analytic Analytic
Tech. Technology
Diversity Diversity
Reflec. Thinking Reflective Thinking
CPA CM CPA Canada Competency Map
Ethics Professional and Ethical Behaviour
PS and DM Problem-Solving and Decision-Making
Comm. Communication
Self-Mgt. Self-Management
Team & Lead Teamwork and Leadership
Reporting Financial Reporting
Stat. & Gov. Strategy and Governance
Mgt. Accounting Management Accounting
Audit Audit and Assurance
Finance Finance
Tax Taxation


ASSIGNMENT CLASSIFICATION TABLE
Brief Problems Problems
Questions Exercises Exercises Set A Set B
LEARNING OBJECTIVES

1. Calculate the cost of 1, 2, 3, 4, 1, 2, 3, 4 1, 2, 3, 12 1, 2, 3, 4, 1, 2, 3, 4,
property, plant, and 5 7 7
equipment.

2. Apply depreciation methods to 6, 7, 8, 9, 5, 6, 7, 8, 2, 3, 4, 5, 2, 3, 5, 7, 2, 3, 5, 7,
property, plant, and equipment. 9, 10 6, 7, 14, 8, 9, 10 8, 9, 10,
17 13

3. Explain the factors that cause 9, 10, 11, 11, 12 8, 9, 10 4, 6, 7, 13 4, 6, 7
changes in periodic depreciation 12, 13,
and calculate revised
depreciation for property, plant,
and
equipment.