This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A drilling rig purchased by Challenge Industries should last 7 years. The purchase price was 82,500. ... (Read 61 times)

D2AR0N

  • Hero Member
  • *****
  • Posts: 561
on: Jun 24, 2018
A drilling rig purchased by Challenge Industries should last 7 years. The purchase price was 82,500. Shipping costs were 1,567. The trade-in value is 17,870. Prepare a depreciation schedule using the 150 declining balance method, then enter the accumulated depreciation at the end of year 6 as your answer. (Round the declining balance rate to 4 decimal places, and all dollar amounts to the nearest cent)
 A) 64,289.74
  B) 56,740.29
  C) 81,064.61
  D) 75,823.19

Question 2

What word is represented by the abbreviation: gro


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

izzat

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

gross


D2AR0N

  • Member
  • Posts: 561
Reply 2 on: Jun 24, 2018
Wow, this really help

nothere

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

The Dingo was the first placental mammal introduced to Australia, around 4000 years ago The Dingo was the first placental mammal introduced to Australia, around 4000 years ago
(a) The site of Zhoukoudian outside of Beijing, China, spans several hundred thousand years and (b) (a) The site of Zhoukoudian outside of Beijing, China, spans several hundred thousand years and (b)
Ngandong calottes from Java are the youngest H. erectus fossils at perhaps 27,000-50,000 years old. Ngandong calottes from Java are the youngest H. erectus fossils at perhaps 27,000-50,000 years old.
Atmospheric CO2 Concentrations Increased Very Rapidly during the Last 200 Years Atmospheric CO2 Concentrations Increased Very Rapidly during the Last 200 Years
Prevalence of drug use in the United States. Figures are based on a survey of people 12 years of age ... Prevalence of drug use in the United States. Figures are based on a survey of people 12 years of age ...
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
Video: Inflammation Animation

For a complete list of videos, visit our video library