« previous next »

Author Question: The original cost of a motorcycle was 18,000. The estimated life of the motorcycle is 8 years. What ... (Read 103 times)

yoooooman

  • Hero Member
  • *****
  • Posts: 557
on: Jun 24, 2018
The original cost of a motorcycle was 18,000. The estimated life of the motorcycle is 8 years. What is the straight-line rate?
 A) 5.6
  B) 12.5
  C) 180
  D) 225

Question 2

Jed bought a car at the beginning of the year for 22,500. The car has an estimated life of 7 years and a salvage value of 5,000 at the end of the 7-year period. What is the depreciation using the straight-line method?
 A) 27,500
  B) 17,500
  C) 3,929
  D) 2,500


wilsonbho

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

yoooooman

  • Hero Member
  • *****
  • Posts: 557
Reply #2 on: Jun 24, 2018
Thank you


wilsonbho

  • Sr. Member
  • ****
  • Posts: 322
Reply #3 on: Jun 24, 2018
No problemo


« previous next »
 

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

To examine a child’s ear, the pinna should be pulled back and up for children over 3 years; the pinn To examine a child’s ear, the pinna should be pulled back and up for children over 3 years; the pinn
L. Frank Baum, author of The Wonderful Wizard of Oz (1900) and a fan of William Jennings Bryan, perh L. Frank Baum, author of The Wonderful Wizard of Oz (1900) and a fan of William Jennings Bryan, perh
Estimated Daily Protein Needs Estimated Daily Protein Needs
As their numbers grow and their resources and health improve, the elderly will enjoy life more and ... As their numbers grow and their resources and health improve, the elderly will enjoy life more and ...
Macromolecules and the building blocks of life Macromolecules and the building blocks of life
Life in sulfur-rich, anoxic sediments Life in sulfur-rich, anoxic sediments
Video: Inflammatory response Animation

For a complete list of videos, visit our video library