« previous next »

Author Question: The original cost of a motorcycle was 18,000. The estimated life of the motorcycle is 8 years. What ... (Read 167 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 human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Animal life cycles Animal life cycles
Adolescence: 12 years or puberty to the beginning of adulthood. Adolescence: 12 years or puberty to the beginning of adulthood.
Life of a Midlatitude Cyclone Life of a Midlatitude Cyclone
Prevalence of lifetime mood disorders for Canadian men and women age 55 years and over Prevalence of lifetime mood disorders for Canadian men and women age 55 years and over
Estimated New Cases of Selected Cancers in the USA, 2012 Estimated New Cases of Selected Cancers in the USA, 2012
Earth 600 Million Years Ago Earth 600 Million Years Ago
Video: Pressure volume relationships - Normal inspiration and expiration

For a complete list of videos, visit our video library