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

Author Question: The price of a public address system purchased by a local town hall was 42,500. It cost 2,100 for ... (Read 110 times)

brutforce

  • Hero Member
  • *****
  • Posts: 540
The price of a public address system purchased by a local town hall was 42,500. It cost 2,100 for delivery. The salvage value at the end of 4 years is 7,500. Using the straight-line depreciation method, calculate the annual depreciation for year 3.
 A) 9,324.50
  B) 10,365.75
  C) 11,368.20
  D) 9,275.00

Question 2

A new business receives an invoice for merchandise on August 9. The terms of the sale are 12/10, n/30. If the manager elects to take the cash discount, what is the discount date?
 A) August 19
  B) August 18
  C) August 21
  D) August 17



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

miss.ashley

  • Sr. Member
  • ****
  • Posts: 371
Answer to Question 1

D

Answer to Question 2

A




brutforce

  • Member
  • Posts: 540
Reply 2 on: Jun 24, 2018
:D TYSM


nathang24

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Gracias!

 

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

For a complete list of videos, visit our video library