« previous next »

Author Question: Walter Manufacturing purchased a new machine with a total cost of 314,000. The machine is expected ... (Read 3931 times)

mwit1967

  • Hero Member
  • *****
  • Posts: 501
on: Jun 24, 2018
Walter Manufacturing purchased a new machine with a total cost of 314,000. The machine is expected to have a useful life of 8 years and a trade-in value of 26,000. If Walter uses the double-declining-balance method of depreciation, what will the accumulated depreciation be at the end of year 3? (Round to the nearest dollar)

Question 2

What payment should be made on an invoice in the amount of 625, dated March 7, if the terms of sale are 3/15, 2/30, n/45, and the bill is paid on April 3?


Ahernandez18

  • Sr. Member
  • ****
  • Posts: 361
Reply #1 on: Jun 24, 2018
Answer to Question 1

181,531

Answer to Question 2

612.5


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

A spark plug thread chaser is a low-cost tool that hopefully will not be used often, but is ... A spark plug thread chaser is a low-cost tool that hopefully will not be used often, but is ...
Immunofixation electrophoresis. (a) IgG kappa myeloma, (b) Controls showing total serum protein ... Immunofixation electrophoresis. (a) IgG kappa myeloma, (b) Controls showing total serum protein ...
a) Standard PCR machine used for genotyping and (b) agarose gel to detect DNA fragments. a) Standard PCR machine used for genotyping and (b) agarose gel to detect DNA fragments.
Anglin's estimates of the total vocabulary of children in Grades 1, 3, and 5 Anglin's estimates of the total vocabulary of children in Grades 1, 3, and 5
ECG machine ECG machine
The total weight of Peter, David and Henry is 123 kg, Peter is 15 kg heavier than David. David ... The total weight of Peter, David and Henry is 123 kg, Peter is 15 kg heavier than David. David ...
Video: Mechanics of Sound Animation

For a complete list of videos, visit our video library