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

Author Question: A server computer purchased by Selectron, Inc cost 1,483,400. Prepare a depreciation schedule using ... (Read 69 times)

kwoodring

  • Hero Member
  • *****
  • Posts: 560
A server computer purchased by Selectron, Inc cost 1,483,400. 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) 284,812.80
  B) 890,040.00
  C) 683,982.77
  D) 1,056,180.80

Question 2

A Beauty Products supplier sold items listing for 8,250 to Revon Salons. The net price of the order was 5,990. 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

brittanywood

  • Sr. Member
  • ****
  • Posts: 355
Answer to Question 1

D

Answer to Question 2

27.4




kwoodring

  • Member
  • Posts: 560
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review


raenoj

  • Member
  • Posts: 340
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

For a complete list of videos, visit our video library