Author Question: Summer leisure Unlimited purchased a color laser printer for 1,194. Delivery costs totaled 47 and ... (Read 171 times)

awywial

  • Hero Member
  • *****
  • Posts: 577
Summer leisure Unlimited purchased a color laser printer for 1,194. Delivery costs totaled 47 and handling costs were 77. The useful life is 5 years and the salvage value is 298. Using the sum-of-the-years' digit depreciation method, calculate the book value at the end of year 2.
 A) 408
  B) 582
  C) 612
  D) 706

Question 2

Awesome Software purchases programs from Apple Inc, with an invoice price of 14,900 and terms of sale of 3/15, n/30. What is the net amount due on the order if a partial payment of 2,000 is made on the 15th day?
 A) 12,900.00
  B) 12,838.14
  C) 2,061.85
  D) 1,200.00



whitcassie

  • Sr. Member
  • ****
  • Posts: 298
Answer to Question 1

D

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

For a complete list of videos, visit our video library