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Author Question: A paper shredder purchased by Value Choice Electronics is expected to last 5 years. The purchase ... (Read 265 times)

shofmannx20

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on: Jun 24, 2018
A paper shredder purchased by Value Choice Electronics is expected to last 5 years. The purchase price was 3,943. Shipping costs were 150 and initial setup charges were 157. The trade-in value is 395. Prepare a depreciation schedule using the sum-of-the-year's method, then enter the accumulated depreciation at the end of year 4 as your answer.
 A) 2,997
  B) 649
  C) 257
  D) 3,598

Question 2

A discount store purchased some special product at a list price of 1,600. If the broker gives a 20.25 trade discount, what is the amount of the trade discount?
 A) 1,276.00
  B) 324.00
  C) 950.00
  D) 1,706.00


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juiceman1987

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Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

B


shofmannx20

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Reply #2 on: Jun 24, 2018
Thank you :)


juiceman1987

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Reply #3 on: Jun 24, 2018
Happy to help you


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