This topic contains a solution. Click here to go to the answer

Author Question: The price of a railroad engine purchased by the Kenneth family for their business was 2,250. Prepare ... (Read 95 times)

jazziefee

  • Hero Member
  • *****
  • Posts: 505
The price of a railroad engine purchased by the Kenneth family for their business was 2,250. Prepare a depreciation schedule using the MACRS (Modified Accelerated Cost Recovery System) method and calculate the accumulated depreciation at the end of year 3. (Round all amounts to the nearest cent)
 A) 393.53
  B) 432.00
  C) 258.12
  D) 518.96

Question 2

Logan's Restaurant ordered 15 cases of tomato sauce with a list price of 17.25 each and 6 cases of tuna with a list price of 15.90 each. The wholesaler offered a 34 trade discount to Logan. What is the total net amount Logan owes to the wholesaler? (Round to the nearest cent)



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

milbourne11

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

A

Answer to Question 2

233.74




jazziefee

  • Member
  • Posts: 505
Reply 2 on: Jun 24, 2018
Excellent


Sarahjh

  • Member
  • Posts: 370
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

For a complete list of videos, visit our video library