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Author Question: The original cost of a motorcycle was 18,000. The estimated life of the motorcycle is 8 years. What ... (Read 217 times)

yoooooman

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on: Jun 24, 2018
The original cost of a motorcycle was 18,000. The estimated life of the motorcycle is 8 years. What is the straight-line rate?
 A) 5.6
  B) 12.5
  C) 180
  D) 225

Question 2

Jed bought a car at the beginning of the year for 22,500. The car has an estimated life of 7 years and a salvage value of 5,000 at the end of the 7-year period. What is the depreciation using the straight-line method?
 A) 27,500
  B) 17,500
  C) 3,929
  D) 2,500


wilsonbho

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

B

Answer to Question 2

D


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yoooooman

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Reply #2 on: Jun 24, 2018
Thank you


wilsonbho

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Reply #3 on: Jun 24, 2018
No problemo


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