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Author Question: Before Christmas, the price of a shoe in a Heel's Store for Women was 70 . At the post-Christmas ... (Read 89 times)

Beheh

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on: Jun 24, 2018
Before Christmas, the price of a shoe in a Heel's Store for Women was 70 . At the post-Christmas sale, the price was 35 . By what percent had the price of the shoe been reduced?

Question 2

A medical office using the double-declining-balance method of depreciation purchased office furniture costing 36,00 . and put it in use on May 1 . The furniture is expected to have a useful life of 10 years and an estimated resale value of 2,400 . Compute the depreciation expense for May 1 through December 31 of the first tax year and all 12 months of the second and third years.


yasmina

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Reply #1 on: Jun 24, 2018
Answer to Question 1

70 - 35 = 35; 35 70 = 0.50 or 50

Answer to Question 2

16,032


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Beheh

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Reply #2 on: Jun 24, 2018
Thank you


yasmina

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Reply #3 on: Jun 24, 2018
No problemo


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