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

Author Question: The original cost of a car was 23,000 with an estimated life of 10 years. What is the annual ... (Read 120 times)

urbanoutfitters

  • Hero Member
  • *****
  • Posts: 530
on: Jun 24, 2018
The original cost of a car was 23,000 with an estimated life of 10 years. What is the annual double-declining-balance rate?
 A) 5
  B) 10
  C) 20
  D) 40

Question 2

The life of an oven is 15 years. The original cost of the oven was 2,500 and the salvage value was 800. What is the depreciation amount?
 A) 3,300
  B) 1,700
  C) 412.50
  D) 212.50


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

morganmarie791

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

B


urbanoutfitters

  • Member
  • Posts: 530
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

xiaomengxian

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Older adults may grieve intensely over the loss of a person or situation that has been a part of the Older adults may grieve intensely over the loss of a person or situation that has been a part of the
Top Prescriptions for Children Under 17 Years of Age (2002–2010) Top Prescriptions for Children Under 17 Years of Age (2002–2010)
Life cycle of Ascaris: Adult worms (1) live in the lumen of the small intestine. A female may ... Life cycle of Ascaris: Adult worms (1) live in the lumen of the small intestine. A female may ...
How to setup and solve a half-life problem using a table of values (Question 1) How to setup and solve a half-life problem using a table of values (Question 1)
Figure of a Woman with a Drawing Showing Evidence of Original Painting and Outlining Design Scheme Figure of a Woman with a Drawing Showing Evidence of Original Painting and Outlining Design Scheme
question in cost accounting question in cost accounting
Video: First Stage of Labor and Delivery Video

For a complete list of videos, visit our video library