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

Author Question: Clear Restorations purchased a floor machine for 10,520. Delivery costs totaled 1,250. The salvage ... (Read 53 times)

savannahhooper

  • Hero Member
  • *****
  • Posts: 576
on: Jun 24, 2018
Clear Restorations purchased a floor machine for 10,520. Delivery costs totaled 1,250. The salvage value is 1,350 after 8 years. Using the straight-line depreciation method, calculate the book value at the end of year 5.
 A) 1,302.50
  B) 5,257.50
  C) 6,512.50
  D) 7,525.50

Question 2

Tamara Muldoon received an invoice dated October 25th with terms of 2/10, n/30 EOM. If Tamara wishes to pay the bill on the last day of the discount period, what date would she pay the invoice?
 A) December 10
  B) November 30
  C) November 4
  D) November 10


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

rosiehomeworddo

  • Sr. Member
  • ****
  • Posts: 306
Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

D


savannahhooper

  • Member
  • Posts: 576
Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

recede

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Massive amounts of wood are stored on the forest floor of old-growth temperate coniferous forests of Massive amounts of wood are stored on the forest floor of old-growth temperate coniferous forests of
Where mangrove diversity is high, mangrove species show clear patterns of vertical zonation relative Where mangrove diversity is high, mangrove species show clear patterns of vertical zonation relative
Scaling the Earth down to the size of a basketball, the Moon is roughly the size of a tennis ball. T Scaling the Earth down to the size of a basketball, the Moon is roughly the size of a tennis ball. T
Retraction of buccal mucosa allows for clear vocalization Retraction of buccal mucosa allows for clear vocalization
A schematic view of delivery of a protein, synthesized in cytoplasm, into the nucleus A schematic view of delivery of a protein, synthesized in cytoplasm, into the nucleus
ECG machine ECG machine
Video: SNP Polymorphysim Microarray Chip - How to Test a Person's DNA

For a complete list of videos, visit our video library