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

Author Question: Clear Restorations purchased a floor machine for 10,520. Delivery costs totaled 1,250. The salvage ... (Read 96 times)

savannahhooper

  • Hero Member
  • *****
  • Posts: 576
on: Jun 24, 2018
Clear Restorations purchased a floor machine for 10,520. Delivery costs totaled 1,250. The salvage value is 1,350 after 8 years. Using the straight-line depreciation method, calculate the book value at the end of year 5.
 A) 1,302.50
  B) 5,257.50
  C) 6,512.50
  D) 7,525.50

Question 2

Tamara Muldoon received an invoice dated October 25th with terms of 2/10, n/30 EOM. If Tamara wishes to pay the bill on the last day of the discount period, what date would she pay the invoice?
 A) December 10
  B) November 30
  C) November 4
  D) November 10


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

B

Answer to Question 2

D


savannahhooper

  • Member
  • Posts: 576
Reply 2 on: Jun 24, 2018
:D TYSM

robbielu01

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Clear Blood Clear Blood
Salvage and de novo synthetic pathways to thymine nucleotides Salvage and de novo synthetic pathways to thymine nucleotides
A schematic view of delivery of a protein, synthesized in cytoplasm, into the nucleus A schematic view of delivery of a protein, synthesized in cytoplasm, into the nucleus
Food delivery Food delivery
ECG machine. ECG machine.
A company purchased 26 desks for $240 each and 18 chairs for $59 each. Compute the total ... A company purchased 26 desks for $240 each and 18 chairs for $59 each. Compute the total ...
Video: Four Giant Convection Cells oF Earth

For a complete list of videos, visit our video library