Question

All reports required to can be found online at sec.gov.

What is the range of useful life estimates that Tesla provides for office furniture, machinery and equipment in the 2013 10-K?

• 2 to 4 years
• 8 to 10 years
• 3 to 12 years
• 5 to 7 years

Answer 1

Property, plant and equipment are recognized at cost less accumulated depreciation. Depreciation is generally computed using the straight-line method over the estimated useful lives of the related assets as follows

ASSET NAME	USEFUL LIFE
COMPUTER EQUIPMENT AND SOFTWARE	3 YEARS
OFFICE FURNITURE MACHINERY, EQUIPMENT	3 TO 12 YEARS
BUILDING AND BUILDING IMPROVEMENTS	30 YEARS

SO ANSWER FOR OFFICE FURNITURE. MACHINERY AND EQUIPMENT IS 3 TO 12 YEARS