This topic contains a solution. Click here to go to the answer

Author Question: A server computer purchased by Selectron, Inc cost 1,483,400. Prepare a depreciation schedule using ... (Read 122 times)

kwoodring

  • Hero Member
  • *****
  • Posts: 560
A server computer purchased by Selectron, Inc cost 1,483,400. Prepare a depreciation schedule using the MACRS (Modified Accelerated Cost Recovery System) method and calculate the accumulated depreciation at the end of year 3. (Round all amounts to the nearest cent)
 A) 284,812.80
  B) 890,040.00
  C) 683,982.77
  D) 1,056,180.80

Question 2

A Beauty Products supplier sold items listing for 8,250 to Revon Salons. The net price of the order was 5,990. What was the trade discount rate? (Round to the nearest tenth of a percent)



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

brittanywood

  • Sr. Member
  • ****
  • Posts: 355
Answer to Question 1

D

Answer to Question 2

27.4




kwoodring

  • Member
  • Posts: 560
Reply 2 on: Jun 24, 2018
Gracias!


bitingbit

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

For a complete list of videos, visit our video library