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Author Question: World-Wide Corporation purchased a computer system for 45,500. Delivery costs totaled 1,550. The ... (Read 110 times)

Jipu 123

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on: Jun 24, 2018
World-Wide Corporation purchased a computer system for 45,500. Delivery costs totaled 1,550. The useful life is 5 years and the salvage value is 5,250. Prepare a depreciation schedule using the straight-line method, then enter the book value at the end of year 4 as your answer.

Question 2

Ned's Sporting Goods purchased 260 sets of golf clubs and was given a 40/17/5 series of trade discounts by his wholesaler. What was the single equivalent discount?


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Andromeda18

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

13,610

Answer to Question 2

0.5269


Jipu 123

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

rleezy04

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Reply 3 on: Yesterday
Excellent

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