A video store both rents and sells DVD movies and also sells ...

[azncindy619]

A video store both rents and sells DVD movies and also sells blank DVD disks. During the week between Christmas and New Year, the store had rentals of 4,896, movie sales of 6,513, and blank disk sales of 2,191 . What percent of the total revenue was from movie rentals?

Question 2

An accounting firm using the sum-of-the-years-digits method of depreciation purchased office furniture costing 9,00 . and put it into use on April 1 . The furniture is expected to have a useful life of 10 years and an estimated resale value of 600 . Compute the depreciation expense for April 1 through December 31 of the first tax year and all 12 months of the second year.

[stillxalice]

Answer to Question 1

4,896 + 6,513 + 2,191 = 13,600 . 4,896 13,600 = 0.36 or 36

Answer to Question 2

2,558.18

[azncindy619]

Excellent

[ryansturges]

TYSM