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

Author Question: Forest Agricultural Products purchased new equipment for 359,700 to process tree top oil products. ... (Read 132 times)

ts19998

  • Hero Member
  • *****
  • Posts: 531
on: Jun 24, 2018
Forest Agricultural Products purchased new equipment for 359,700 to process tree top oil products. Using MACRS and Tables 17-1 and 17-2 from your text, what is the accumulated depreciation at the end of year 8? (Round to the nearest dollar)

Question 2

Shiva Electronics received an invoice dated July 15 in the amount of 2,300, which included freight charges of 205. The terms of sale were 3/10, n/45. 360 of the merchandise was damaged in transit and must be returned. What is the amount due if paid on July 25?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

leeeep

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 24, 2018
Answer to Question 1

300,745

Answer to Question 2

1,887.95


ts19998

  • Member
  • Posts: 531
Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

jordangronback

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Soil profile exposed in a boreal forest site, showing LFH, A, B, and C horizons. Soil profile exposed in a boreal forest site, showing LFH, A, B, and C horizons.
A phylogenetic tree of all living things A phylogenetic tree of all living things
Basic process of metabolic profiling Basic process of metabolic profiling
Industrial solid waste process flow diagram Industrial solid waste process flow diagram
Rooted tree versus unrooted tree Rooted tree versus unrooted tree
The Process of Sperm Formation The Process of Sperm Formation
Video: Definition of heart rate

For a complete list of videos, visit our video library