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

Author Question: James bought a wave runner at the beginning of the year for 7,500. The wave runner has an estimated ... (Read 130 times)

Mimi

  • Hero Member
  • *****
  • Posts: 542
on: Jun 24, 2018
James bought a wave runner at the beginning of the year for 7,500. The wave runner has an estimated life of 4 years and a salvage value of 2,000 at the end of the 4-year period. What is the book value after the first year?

Question 2

The original cost of a car was 32,000 with an estimated life of 8 years. What is the first-year depreciation?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bfulkerson77

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 24, 2018
Answer to Question 1

6,125;

Answer to Question 2

8,000;


Mimi

  • Member
  • Posts: 542
Reply 2 on: Jun 24, 2018
Gracias!

bitingbit

  • Member
  • Posts: 323
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Chinese workers on a railway in the far West. “Without them,” Leland Stanford, president of the Cent Chinese workers on a railway in the far West. “Without them,” Leland Stanford, president of the Cent
James A. Garfield lies mortally wounded. After failing to locate the bullet, surgeons called in Alex James A. Garfield lies mortally wounded. After failing to locate the bullet, surgeons called in Alex
Estimated Daily Protein Needs Estimated Daily Protein Needs
Extracorporeal shock-wave lithotripsy. Acoustic shock waves generated by the shock-wave generator ... Extracorporeal shock-wave lithotripsy. Acoustic shock waves generated by the shock-wave generator ...
(a) The phagocytic process, beginning in the upper left with bacterial attachment and phagocytic ... (a) The phagocytic process, beginning in the upper left with bacterial attachment and phagocytic ...
essay on friendship written by a 10-year-old essay on friendship written by a 10-year-old
Video: Five phases of cardiac cycle & Atrial contraction

For a complete list of videos, visit our video library