This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Edelweiss Tours purchased a new tour bus for 36,000. Shipping charges were 1,800 and other costs ... (Read 87 times)

a0266361136

  • Hero Member
  • *****
  • Posts: 538
on: Jun 24, 2018
Edelweiss Tours purchased a new tour bus for 36,000. Shipping charges were 1,800 and other costs associated with the bus amounted to 620. The bus is expected to last 4 years and has a residual value of 4,000. Lion elects to use the straight-line method of depreciation. a. What is the amount of total depreciation? b. What is the amount of the annual depreciation?

Question 2

What was the trade discount rate if merchandise with a list price of 85,100 was sold at a net price of 63,825?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

rosiehomeworddo

  • Sr. Member
  • ****
  • Posts: 306
Reply #1 on: Jun 24, 2018
Answer to Question 1

a. 34,420
b. 8,605

Answer to Question 2

25


a0266361136

  • Member
  • Posts: 538
Reply 2 on: Jun 24, 2018
Wow, this really help

carojassy25

  • Member
  • Posts: 299
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Table of Ionic Charges Table of Ionic Charges
On November 11, 1887, four anarchists were hanged in Chicago on charges that they had thrown a bomb On November 11, 1887, four anarchists were hanged in Chicago on charges that they had thrown a bomb
Some IAC units are purchased with the housing as shown. Carbon buildup in these passages can cause ... Some IAC units are purchased with the housing as shown. Carbon buildup in these passages can cause ...
A company that makes environmental measuring devices has calculated their revenue and costs as ... A company that makes environmental measuring devices has calculated their revenue and costs as ...
An electrician charges a flat fee of $90 for a home service call. In addition he charges $25 ... An electrician charges a flat fee of $90 for a home service call. In addition he charges $25 ...
Benefits and costs of herbicide applications Benefits and costs of herbicide applications
Video: Hormonal regulation of pregnancy - week 1

For a complete list of videos, visit our video library