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 140 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
Great answer, keep it coming :)


xiaomengxian

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Excellent

 

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

For a complete list of videos, visit our video library