« previous next »

Author Question: Walter Manufacturing purchased a new machine with a total cost of 314,000. The machine is expected ... (Read 571 times)

mwit1967

  • Hero Member
  • *****
  • Posts: 501
on: Jun 24, 2018
Walter Manufacturing purchased a new machine with a total cost of 314,000. The machine is expected to have a useful life of 8 years and a trade-in value of 26,000. If Walter uses the double-declining-balance method of depreciation, what will the accumulated depreciation be at the end of year 3? (Round to the nearest dollar)

Question 2

What payment should be made on an invoice in the amount of 625, dated March 7, if the terms of sale are 3/15, 2/30, n/45, and the bill is paid on April 3?


Ahernandez18

  • Sr. Member
  • ****
  • Posts: 361
Reply #1 on: Jun 24, 2018
Answer to Question 1

181,531

Answer to Question 2

612.5


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

The Geometry of a Total Solar Eclipse The Geometry of a Total Solar Eclipse
Expected and Unexpected Reinforcers Expected and Unexpected Reinforcers
Total body water (TBW) Total body water (TBW)
ECG machine ECG machine
A government of Ontario 364-day T-bills with a face value of $50 000 were purchased on January ... A government of Ontario 364-day T-bills with a face value of $50 000 were purchased on January ...
Total parenteral nutrition through a catheter in the right subclavian Total parenteral nutrition through a catheter in the right subclavian
Video: Blood Flow through the Human Heart

For a complete list of videos, visit our video library