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Author Question: During its second year of operation, Juan's Nursery had a 325 increase in its business revenue. If ... (Read 194 times)

sarasara

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on: Jun 24, 2018
During its second year of operation, Juan's Nursery had a 325 increase in its business revenue. If its revenue in the second year was 2,639,000 . what had been its revenue for the first year?

Question 2

A publisher using the sum-of-the-years-digits method of depreciation purchased office furniture costing 36,00 . and put it into use on May 1 . The furniture is expected to have a useful life of 10 years and an estimated resale value of 2,400 . Compute the book value at the end of the second year.


manuelcastillo

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

2,639,00 . 3.25 = 812,000

Answer to Question 2

26,225


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