Author Question: Before Christmas, the price of a shoe in a Heel's Store for Women was 70 . At the post-Christmas ... (Read 160 times)

Beheh

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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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Answer to Question 1

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

Answer to Question 2

16,032



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