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

Author Question: The Shaker Warehouse purchased a new conveyor belt for 28,500. The company expected it to last for 4 ... (Read 467 times)

rmenurse

  • Hero Member
  • *****
  • Posts: 513
on: Jun 24, 2018
The Shaker Warehouse purchased a new conveyor belt for 28,500. The company expected it to last for 4 years and have an estimated salvage value of 5,000. Using the double-declining-balance method of depreciation, what is the amount of depreciation for year 3?

Question 2

A paper supplier sold items listing for 24,250 to Big Box Inc The net price of the order was 18,915. What was the trade discount rate? (Round to the nearest tenth of a percent)


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kaillie

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 24, 2018
Answer to Question 1

3,562.50

Answer to Question 2

22


rmenurse

  • Member
  • Posts: 513
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

debra928

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

New England children like David, Joanna, and Abigail Mason (painted by an unknown artist around 1670 New England children like David, Joanna, and Abigail Mason (painted by an unknown artist around 1670
The Stillwater Mining Company The Stillwater Mining Company
A medical assistant helps a patient walk with a gait belt. A medical assistant helps a patient walk with a gait belt.
A single overhead camshaft engine with a timing belt that also rotates the water pump. A single overhead camshaft engine with a timing belt that also rotates the water pump.
Noid lights are usually purchased as an assortment so that one is available for any type or size ... Noid lights are usually purchased as an assortment so that one is available for any type or size ...
An organizational specialist is hired as a consultant to a company planning to open a coffee ... An organizational specialist is hired as a consultant to a company planning to open a coffee ...
Video: Second Messengers in the Inositol-lipid Signaling Pathway

For a complete list of videos, visit our video library