Author Question: Before Christmas, the price of a shoe in a Heel's Store for Women was 70 . At the post-Christmas ... (Read 97 times)

Beheh

  • Hero Member
  • *****
  • Posts: 520
Before Christmas, the price of a shoe in a Heel's Store for Women was 70 . At the post-Christmas sale, the price was 35 . By what percent had the price of the shoe been reduced?

Question 2

A medical office using the double-declining-balance method of depreciation purchased office furniture costing 36,00 . and put it in 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 depreciation expense for May 1 through December 31 of the first tax year and all 12 months of the second and third years.



yasmina

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

70 - 35 = 35; 35 70 = 0.50 or 50

Answer to Question 2

16,032



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

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.

For a complete list of videos, visit our video library