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Author Question: The Shaker Warehouse purchased a new conveyor belt for 28,500. The company expected it to last for 4 ... (Read 139 times)

rmenurse

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on: Jun 24, 2018
The Shaker Warehouse purchased a new conveyor belt for 28,500. The company expected it to last for 4 years and have an estimated salvage value of 5,000. Using the double-declining-balance method of depreciation, what is the amount of depreciation for year 3?

Question 2

A paper supplier sold items listing for 24,250 to Big Box Inc The net price of the order was 18,915. What was the trade discount rate? (Round to the nearest tenth of a percent)


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kaillie

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

3,562.50

Answer to Question 2

22


rmenurse

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

Laurenleakan

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Reply 3 on: Yesterday
Excellent

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