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Author Question: Westside Trailer Rental has 188 trailers available for rent. Last year, it had 160 available for ... (Read 142 times)

fbq8i

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on: Jun 24, 2018
Westside Trailer Rental has 188 trailers available for rent. Last year, it had 160 available for rent. Compute the percent increase in the number of trailers available for rent.

Question 2

A legal office using the straight-line method of depreciation purchased office furniture costing 36,00 . and put it into use May 1 . The furniture is expected to have a useful life of 10 years and an estimated resale value of 2,400 . Compute the depreciation expense for May 1 through December 31 of the first tax year and all 12 months of the second and third years.


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31809pancho

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

188 - 160 = 28; 28 160 = 0.175 = 17.5

Answer to Question 2

8,960


fbq8i

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Reply 2 on: Jun 24, 2018
Excellent

cpetit11

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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